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Press Releases

Press Releases

Geotec, Inc. Successfully Demonstrates Technology to Shareholders, Coal Producers and Government Officials on March 2, 2007

DELRAY BEACH, FL, Mar 08, 2007 (MARKET WIRE via COMTEX) — Geotec, Inc. (PINKSHEETS: GETC) confirmed today that on March 2, 2007 the Company successfully demonstrated its enzyme/protein technology for shareholders of record, January 31, 2007, Pennsylvania Coal Producers and the Pennsylvania Department of Environmental Protection. The demonstration included a site visit to the TecEnergy, Pennsylvania, LLC (a wholly owned subsidiary of Consolidated Energy and Technology, Inc.) (PINKSHEETS: CGGE) Banning #4, 483 acre coal site. Independent laboratory results of one of the tests are listed below:
Coal Before Bio-Refining Coal After Bio-Refining
(As dried)
Btu Content/lb 9,495 13,529
Ash 32.18% 10.37%
MAF* 14,000 15,094

Mercury Reduction 36% (by weight, including ash reduction)

Sulfur Reduction 69% (From site, including accumulated Acid Mine Drainage independently estimated at 2.5%)

*(Moisture, Ash and Fixed Carbon Removed from sample, the resulting Btu/lb)

Geotec, Inc. (PINKSHEETS: GETC) is a Green Energy Technology Company. Geotec has operations in the United States and Argentina and utilizes proteins and enzyme technology to chemically convert hydrocarbons to commercially higher value coal. The technologies are also used to purify hydrocarbons, such as coal or oil, of heavy metals and other contaminants such as sulfur, arsenic and mercury to prevent or correct pollution in the air, water or soils. In addition, hydrocarbon contaminated soils can be re-vegetated and re-forested. Statements in this release, which relate to other than strictly historical facts, including statements about the Company’s plans and strategies, as well as management’s expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “intend” and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec’s actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. The Company assumes to obligation to notify of any changes, other than material events as required by the Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by Geotec in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec’s business.

Geotec Thermal Generators, Inc. Confirms March 2, 2007 as the Technology and Coal Site Demonstration to Shareholders of Record, January 31, 2007

DELRAY BEACH, Fla., Feb 13, 2007 — Geotec Thermal Generators, Inc. (GETC:PK) confirmed today that on March 2, 2007 the Company will demonstrate it’s enzyme/protein technology for shareholders of record, January 31, 2007, as previously announced. The demonstration will be held at the Holiday Inn and the TecEnergy, Pennsylvania, LLC (a wholly owned subsidiary of Consolidated Energy and Technology, Inc.) (Pink Sheets:CGGE) offices in Belle Vernon, Pennsylvania. There will also be a site visit to TecEnergy, Pennsylvania, LLC’s, Banning #4, 483 acre coal site.

Geotec will demonstrate the enzyme/protein technology and the TecEnergy exploration and evaluation machine at 10 a.m. with a subsequent coal site visit. All Shareholders must notify the company, in advance, of their desire to attend, by contacting Jereme Brancheau at (561) 276-9960, by FAX at (561) 276-9964 or by email at [email protected].
Geotec Thermal Generators, Inc. (Pink Sheets: GETC) is a Green Energy Technology Company. Geotec has operations in the United States and Argentina and utilizes proteins and enzyme technology to chemically convert hydrocarbons to commercially higher value coal. The technologies are also used to purify hydrocarbons, such as coal or oil, of heavy metals and other contaminants such as sulfur, arsenic and mercury to prevent or correct pollution in the air, water or soils. In addition, hydrocarbon contaminated soils can be re-vegetated and re-forested.

Statements in this release, which relate to other than strictly historical facts, including statements about the Company’s plans and strategies, as well as management’s expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “intend” and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec’s actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. The Company assumes to obligation to notify of any changes, other than material events as required by the Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by Geotec in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec’s business.

Geotec Thermal Generators, Inc. Clarifies its Common Stock Capital Structure for Shareholders of Record, January 31, 2007

DELRAY BEACH, Fla., Feb 7, 2007 — Geotec Thermal Generators, Inc. (GETC:PK), in response to numerous inquires, is confirming that its common free share position, effective, January 31, 2007 is 29,063,987 common shares, on deposit with the Depository Trust Corporation (DTC). These shares are held in electronic form and freely tradable. 9,017,429 shares are in free trading certificate form, and the balance of 187,487,323, are restricted. Of the 187,487,323 restricted shares, 184,751,992 are pledged to, and are part of the Five Year Lock-Up Agreement controlled by Bradley T. Ray, the Company’s Chairman and CEO.

Further, with the completion of the 14-C authorizing the increase in authorized shares, the Company will be able to complete its obligations to White Knight Holdings, LLC and Richcorp, Inc. Those obligations are described in the Company’s previous filings with the United States Securities and Exchange Commission, and those shares are also part of the Five Year Lock-Up Agreement controlled by Bradley T. Ray.Finally, any and all shares issued from the increase in authorized shares are subject to the Five Year Lock-Up Agreement, unless and if the shares are part of a registration filed with the United Stated Securities and Exchange Commission.

Geotec Thermal Generators, Inc. (Pink Sheets: GETC) is a Green Energy Technology Company. Geotec has operations in the United States and Argentina and utilizes proteins and enzyme technology to chemically convert hydrocarbons to commercially higher value coal. The technologies are also used to purify hydrocarbons, such as coal or oil, of heavy metals and other contaminants such as sulfur, arsenic and mercury to prevent or correct pollution in the air, water or soils. In addition, hydrocarbon contaminated soils can be re-vegetated and re-forested.

Geotec Thermal Generators, Inc. Announces Technology and Coal Site Demonstration to Shareholders of Record, January 31, 2007

DELRAY BEACH, Fla., Feb 6, 2007 — Geotec Thermal Generators, Inc. (Other OTC:GETC.PK) today announced that it will demonstrate the Company’s enzyme/protein technology, on a date to be announced in the near future, for shareholders of record January 31, 2007. The demonstration will be held at the Holiday Inn and the TecEnergy, Pennsylvania, LLC., (a wholly owned subsidiary of Consolidated Energy & Technology Group, Inc.), offices in Belle Vernon, Pennsylvania. There will also be a site visit to TecEnergy, Pennsylvania, LLC’s, Banning #4, 483 acre coal site.

Geotec will demonstrate the enzyme/protein technology and the TecEnergy exploration and evaluation machine. The Company believes that this qualifies as a Clean Development Mechanism (CDM), as defined under the Kyoto Protocol. Each Geotec project will obtain a carbon neutral footprint through revegetation and reforestation. Utilizing this plant growth for biofuels will further Geotec’s goal to be carbon neutral to offset the amount of carbon dioxide emissions.

On November 28, 2006, 421 projects had been registered by the CDM Executive Board as Clean Development Mechanism (CDM) projects. These projects reduce greenhouse gas emissions by an estimated 104,124,494 ton CO2 equivalent per year (for comparison: The current emissions of the EU-15 are about 4,200,000,000 ton CO2 equivalent per year). Around 70 % of these CDM reductions come from N2O reduction projects and HFC oxidation projects. Most of the remaining credits come from landfill gas related projects, and from hydropower and biomass projects. In Europe, the estimated cost of switching from coal to gas could be in the order of €40-50 ($51.93-64.91) per tonne CO2 equivalent.

On January 18, 2007, eight Northeastern US states were involved in the Regional Greenhouse Gas Initiative (RGGI). Regional Greenhouse Gas Initiative is a state level emissions capping and trading program. It is believed that the state-level program will indirectly apply pressure on the federal government by demonstrating that reductions can be achieved without being a signatory of the Kyoto Protocol.

Participating states: Maine, New Hampshire, Vermont, Connecticut, New York, New Jersey, Delaware, Massachusetts. Observer states and regions: Pennsylvania, Maryland, District of Columbia, Eastern Canadian Provinces.