Green Planet Provides XenTx Performance Test Results
16 August 2012 - 2:45PM
Marketwired
Green Planet Group, Inc. (PINKSHEETS: GNPG)
announced today that it has completed a farming test of its XenTx
(pronounced "Zen-tex") diesel fuel additive in northern California.
The farm, which was founded in 1918, grows superior, quality,
fresh, delicious, pesticide-free and organic products year-round.
The farm has a well-known reputation and a genuine commitment to
consistently provide customers with the most value at the least
impact to the environment.
Based upon recent tests, mileage on farm equipment went from 4.0
miles per gallon (MPG) to 4.6 MPG which is an improvement of 15%.
Weekly, diesel fuel costs are $300,000 -- therefore creating
savings in fuel costs of $45,000 per week. Annual savings will be
approximately $2.25 million with a net savings of almost $2.0
million. Equally important, the farm equipment will perform the
same tasks and consume 164,000 gallons less diesel fuel. The
positive impact on the environment is a significant reduction in
emissions contaminants being released into the atmosphere.
The farm's Operations Manager stated, "This is part of our
mission -- to continually improve our farm's performance while
respecting the environment. XenTx has proven that it clearly meets
these objectives."
Edmond L. Lonergan, President & CEO of Green Planet Group,
stated, "We are grateful for the opportunity to demonstrate the
benefits of our XenTx technologies and look forward to a long and
mutually profitable relationship." For more information on XenTx,
please visit www.xentxsynergyn.com.
About Green Planet Group
Green Planet Group, Inc. (PINKSHEETS: GNPG) is based in
Scottsdale, Arizona and engages in ongoing research and development
to create Greentech and Cleantech 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.
Investor Relations Contact: TEN Associates, LLC Tom Nelson
Managing Director Phone: (480) 232-5469
Green Planet (CE) (USOTC:GNPG)
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