Jun. 26, 2012
SARASOTA, FL -- (Marketwire) -- 06/26/12 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) -- As a result of the Cement Plant Mercury Emissions Final certified Testing Using MBS, MSE Technology Applications, Inc. (MSE) was contacted and met with Mark Gilbertson Environmental Management (EM) at Department of Energy who reports to Alice Williams, Associate Principal Deputy Secretary for the US Department of Energy Office & Y-12. Mark recently heard about the MSE cement plant testing using MBS for mercury emission reduction and requested additional project information about the MBS technology for possible application at Oak Ridge. http://www.oakridge.doe.gov/external/ MSE sent all data regarding the background, use, EPA, Brook Haven National Labs testing and projects that were employed using the MBS technology.
Our partner company M2Polymer, which has contracts at Oak Ridge, is currently setting up a meeting with two directors of Department of Energy at Oak Ridge for the week of July 16th to discuss mercury capture at their site. M2 also sent them all the data that MSE sent to Department of Energy Washington.
'As a result of our dissemination of information regarding the testing of MBS and the relationship that MSE and M2 has with major agencies, we are now dealing with the key people both at Department of Energy and the Environmental Protection Agency and is a key part of our business plan,' stated James Fallacaro, President.
Further announcements regarding the status of the cement plant, visit to MSE by the technical group and by our senior management which have taken place and the status of the acquisition will be forthcoming this week.
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects. Solucorp Industries is the patent holder and licensor of the MBS/IFS2C technology.