GTSO Rebrands Global Cell Buyers as Green Urban Mining
SAN JOSE, Calif. -- November 15, 2012
Green Technology Solutions, Inc. (OTCBB: GTSO) took a big step forward in
expanding the mission of its latest acquisition, Global Cell Buyers, by
rebranding the company as Green Urban Mining.
The e-waste recycling company was purchased by GTSO’s mining subsidiary,GTSO
Resources, at the end of last month. By expanding the company’s resale and
recycling operations beyond cell phones, GTSO plans to build Green Urban
Mining into a company better suited to meet the demands of 21^st century
“Cell phones have traditionally been—and continue to be—the backbone of
profitable e-waste recycling streams,” said GTSO CEO Paul Watson. “Newer
technologies, including tablets, MP3 players, laptops and other electronics
are rapidly reaching similar rates of obsolescence, resulting in new potential
“Minerals inside of these devices are too valuable and too toxic to end up in
landfills,” Watson said. “The demand for tungsten, gold, palladium and other
metals continues to rise alongside demand for new gadgets, and urban mining
represents a sustainable approach to fill this shortfall in supply.”
At GreenUrbanMining.com, users can view the company’s current estimate prices
for cellphones, tablets, routers, projectors, cables and peripherals.
Urban mining is a major pillar of GTSO’s plans to compete alongside major
international corporations striving for green business solutions, such as ABB
Limited (NYSE: ABB), Waste Management (NYSE: WM), and Toyota Motor Corporation
(NYSE:TM). The company is also exploring traditional mining opportunities in
the U.S. and Africa through its joint venture withDiamond V Associates.
For more information on these initiatives, please
AboutGreen Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.gtsoresources.com] is a growth-oriented
company exploring rare earth minerals and precious metals production around
the world. To learn more, please visit our website
Follow us on Twitter atwww.twitter.com/gtsoresources.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This news release contains forward-looking information within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, including statements
that include the words “believes,” “expects,” “anticipate” or similar
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herein for events occurring after the date hereof.
Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
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