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. [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
info@gtsoresources.com
 
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