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TMCNet:  GTSO: Major Chilean University to be Involved in Precious Metals Project

[December 30, 2013]

GTSO: Major Chilean University to be Involved in Precious Metals Project

SAN JOSE, Calif. --(Business Wire)--

With the global electronic-waste market projected to exceed $20 billion within the next two years, Green Technology Solutions (News - Alert) (OTCBB: GTSO) is investigating the potential of a new research and development resource in Latin America that specializes in metallurgical processes and the impact it could have for the company in realizing future revenues.

GTSO, through its joint venture partner Chilerecicla, recently began talks with the Metallurgical Department of the Universidad de Concepción in Chile about building an e-waste research and development center. Such a resource would allow GTSO and Chilerecicla to faster process, sort and grade larger quantities of collected precious metals from e-waste before shipping to major overseas smelters.

For GTSO and its partners, a metallurgical research and development center in Chile will potentially provide significant returns.

"The Universidad de Concepción possesses an outstanding reputation in applied research and development in the metallurgical industry," GTSO CEO Paul Watson said. "Scientists in the Univeridad's Metallurgical Department have the technical knowledge on the research and development side to add great value to the Chilean e-waste management industry. Their involvement would significantly expedite the process of sorting and grading and enable us to ship the e-waste to overseas smelters much faster."


Urban mining is pivotal to GTSO's vision to compete alongside major international corporations striving for sustainable waste solutions, such as Covanta Holding Corporation (NYSE: CVA), Industrial Services of America (NASDAQ: IDSA) and Sims Metal Management Ltd. (NYSE: SMS). Late last year, GTSO acquired the company Global Cell Buyers and soon after rebranded the company as Green Urban Mining to handle its domestic recycling and resale operations.

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit http://www.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.


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