E-Waste Legislation Could Prove a Major Boon to GTSO’s Recycling Initiative Business Wire SAN JOSE, Calif. -- April 19, 2013 New legislation to keep more e-waste out of landfills could prove to be a major boon in Green Technology Solutions’ (OTCBB: GTSO) expansion efforts into the billion-dollar urban mining industry. Electronic products have become the fastest-growing portion of the solid waste stream in the U.S., posing a daunting challenge to government agencies that oversee landfills. Many discarded electronics contain toxic materials such as lead and mercury, making their improper disposal a risk to human health and the environment. These risks have prompted 22 states to pass legislation since May 2009 to regulate e-waste recycling and ban certain electronics from landfills. Texas Rep. Gene Green has pledged to introduce a bill known as the Responsible Electronics Recycling Act (RERA) in this session of Congress that would restrict the export of e-waste to developing nations for dumping. The bill could be a gold mine for recyclers like GTSO, and the company is working to develop new solutions to turn that trash into treasure. Current recycling processes waste too many dollars and resources to be profitable. New technology promises to change that, which is why GTSO is pursuing new innovations geared towards efficient collection and separation of these valuable resources. The plan could soon prove to be highly lucrative. According to the EPA, every one million cell phones recycled, 75 pounds of gold, 772 pounds of silver, 33 pounds of palladium and more than 35,000 pounds of copper can be recovered. Urban mining is key to GTSO’s plans to compete alongside major international corporations striving for sustainable waste solutions, such as Industrial Services of America (NASDAQ: IDSA) and Sims Metal Management Ltd. (NYSE:SMS). Late last year, GTSO acquired the companyGlobal Cell Buyers and soon after rebranded the company asGreen Urban Miningto handleits domestic recycling and resale operations. 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 the website atwww.GTSOresources.com/investors.html. 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 expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. Contact: Green Technology Solutions, Inc. Paul Watson, 408-432-7285 President and CEO firstname.lastname@example.org
E-Waste Legislation Could Prove a Major Boon to GTSO’s Recycling Initiative
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