Xentx Lubricants Announces its First Fleet-Wide Installation
April 27 2011 - 2:30PM
Green Planet Group, Inc (OTCBB:GNPG) announced that its wholly
owned subsidiary Xentx Lubricants began its first fleet-wide
installation of its Xentx Diesel Fuel Additive. This revolutionary
product is primarily a "combustion enhancer" that improves diesel
fuel combustion, resulting in improved fuel economy while reducing
harmful emissions.
The Company began testing Xentx Diesel Fuel Additive in May
2010 on the diesel fuel-only buses, and the results were so
impressive that the school system has implemented the Xentx fuel
efficiency program. This program, which requires monthly shipments
of the additive, is the first fleet-wide installation in the
Company's history.
The second phase of the test is ongoing, and the Xentx fuel
additive has been mixed with bio-diesel fuel and the results are
encouraging. These bus engines have improved in efficiency and
emissions have been reduced. In addition, maintenance costs and
downtime have also been reduced. The overall annual savings of this
program will exceed $2 million.
"The continued success of this program verifies the positive
impact of our Xentx technologies," stated Edmond L Lonergan
President/CEO. "The U.S. currently has approximately 700,000 school
buses, 96% of which use diesel fuel, so our potential market is
enormous, therefore, we expect that this success will help us
sell other school bus fleets and meet our revenue goal of $70
million this fiscal year."
About Green Planet Group
Green Planet Group, Inc. (OTCBB:GNPG) is based in Scottsdale,
Arizona, and engages in ongoing research and development to create
products and services that enhance our environment. The Company's
revenues are currently derived from the production and distribution
of fuel-based energy conservation and clean-air products, as well
as through the placement of members of the growing ranks of the
unemployed into meaningful "green collar" careers. For additional
information, please visit www.greenplanetgroup.com.
SAFE HARBOR: Certain information included herein may contain
statements that are forward-looking, such as statements relating to
plans for future expansion and other business development
activities. Such forward-looking information is subject to changes
and variations which are not reasonably predictable and which could
significantly affect future results.
CONTACT: Gabriel (Gabe) Rodriguez
E Relations Group, Inc.
623-255-5750
Green Planet (CE) (USOTC:GNPG)
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