New Recycling Innovation Could Lead to Big Profits for GTSO

  New Recycling Innovation Could Lead to Big Profits for GTSO

Business Wire

SAN JOSE, Calif. -- May 24, 2013

In its quest to deliver promising new recycling innovations to the
fast-growing urban mining industry, Green Technology Solutions, Inc. (OTCBB:
GTSO) is exploring ways to leverage a new innovation that could soon solve the
looming global shortage in raw material supplies.

Researchers from the University of Leuven, Belgium, have developed a process
to separate neodymium and samarium from transition metals such as iron,
manganese and cobalt using ionic liquids. These are the critical elements used
in the construction of permanent rare-earth magnets, which are found in
indispensable electronics from hard drives to air conditioners and even wind
turbines.

“The usefulness of neodymium and samarium in the microelectronics industry is
outweighed only by their scarcity,” said GTSO CEO Paul Watson. “In a U.S.
government register, these were the only two elements to feature in the
highest supply risk category, and the European Commission has placed them on a
list of critical raw materials.

“The development of a cost-effective, environmentally friendly process to
extract them from recycled electronics could mean billions in profits for
companies in the waste reclamation industry, and even more when you include
plastics,” he said.

GTSO views e-waste recycling as key to supplying future needs, turning waste
bins into the mines of the future. The company is investing time and money in
Latin American e-waste supplies and infrastructure today so that we’ll be able
to capture a major share of the massive U.S. marketplace tomorrow.

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 Mining to 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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