GTSO Target Chilerecicla Lines up Global Chain of E-Waste Suppliers

  GTSO Target Chilerecicla Lines up Global Chain of E-Waste Suppliers  Business Wire  SAN JOSE, Calif. -- April 26, 2013  As Green Technology Solutions, Inc. (OTCBB: GTSO) continues negotiations toward a definitive agreement with Chilerecicla, the Chilean recycler is structuring a chain of Latin American e-waste suppliers ready to export valuable minerals to overseas smelters.  So far, Chilerecicla has signed an initial agreement with one of Bolivia’s largest e-waste operators and is in negotiations with others in Ecuador, Argentina and elsewhere. By securing favorable purchase prices from these e-waste suppliers and selling the recycled materials directly to smelters overseas, Chilerecicla plans to increase its profitability significantly.  “This new business model has Chilerecicla on the verge of becoming a big international player in the urban mining sector,” said GTSO CEO Paul Watson. “We’re working diligently to hammer out a potential partnership agreement that would allow our company to help fund and develop Chilerecicla’s expansion in exchange for the contacts and best practices we need to set up a similar operation in the U.S.”  As its relationship with Chilerecicla progresses, GTSO hopes to apply that company’s expertise in isolating e-waste before it reaches the landfill to its recycling efforts in North America, where new legislation promises to turn piles of electronic trash into cash.  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. [] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit the website  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  
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