JUPITER, Fla., March 15, 2011 (GLOBE NEWSWIRE) -- GelTech Solutions, Inc. (OTCBB:GLTC), creators of FireIce and Soil2O™, both revolutionary water enhancing products, today announced that they have received new orders of Soil2O Dust Control from four California facilities for use in dust remediation. GelTech introduced Soil2O Dust Control in December 2010 as a solution to reduce water usage in rock pits and quarries.
The orders originated from clients located in Southern California where the product has been marketed. The majority of the order, however, came from a new client, one of the world's leading building materials suppliers, which has over 100 facilities in the United States. Both clients reported combined 2010 revenue of over $23 billion dollars.
Soil2O is an environmentally friendly potassium based product, which holds up to four hundred times its weight in water and slowly releases 95% of that water back into the ground. This technology helps water to evaporate at a much slower rate versus using water alone.
Michael Cordani, CEO of GelTech stated: "Gaining acceptance from some of the largest companies in the world speaks volumes for our company and our products. We are excited to work with such credible partners and look forward to rapidly expanding use of Soil2O Dust Control in the remainder of these clients' facilities, both domestically and internationally."
One plant supervisor of the new client stated that: "The use of Soil2O™ Dust Control immediately allowed us to reduce the need to water our facilities by up to 90% in areas." He added that, "reducing our need to use water will help cut our water costs, reduce wear and tear on our trucks and help us tremendously with the rising fuel prices."
Joseph Ingarra, President of GelTech, stated: "On the heels of our U.S. Forest Service QPL approval last week, we are extremely excited that our Soil2O™ Dust Control product continues to gain traction in the Southern California market. The adding of these types of clients demonstrates the value of our environmentally safe product." Mr. Ingarra added that, "we continue to demonstrate how we can save companies significant amounts of money as well as positively affect their environmental impact."
Peter Cordani, the inventor of Soil2O, stated: "The continued acceptance of the products we create from some of the largest companies in the world encourages us to keep adding to our growing list of products being developed."
GelTech will be at the CONEXPO – CON/AGG in Las Vegas beginning March 22nd with one of our distributors, Tons Per Hour. CONEXPO-CON/AGG is the international gathering place for the construction industries. Held every three years, the expo showcases the latest equipment, products, services and technologies.
About GelTech Solutions:
GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires.
Soil2O's dust control products and solutions stop all types of particulate matter from entering the air and water, solving even the most stubborn dust control problems. Soil2O™'s proven dust control products and solutions work on: aggregate pits, road construction sites, unpaved roadways, shoulders, trails, coal, mineral, ore and limestone storage piles, gravel runways, heavy traffic roads, landfills, helipads and construction sites.
FireIce® is a patent pending fire suppressant used for direct attack of fires, as well as a medium term retardant for structure protection. FireIce can be used in all types of apparatus; fire extinguishers, pumper trucks, aerial units for wildfires and home defense units for personal home protection.
For more information on GelTech, please visit: http://www.GelTechSolutions.com
To learn more about Soil2O Dust Control, please visit: http://www.ugotdust.com
To learn more about FireIce, please visit: http://www.fireice.com
Join our growing FireIce fan base at: http://www.facebook.com/FireIce911
Become a fan of our new homeowner solution at: http://www.facebook.com/FireIceHDU
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements including rapidly expanding Soil2O Dust Control™. Forward-looking statements can also be identified by words such as "targets," "expects," "believes," "anticipates," "intends," "may," "will," "plan," "continue," "forecast," "remains," "would," "should," and similar expressions. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance and results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include competition from current vendors and the reluctance to change.
Further information on our risk factors is contained in our filings with the Securities and Exchange Commission, including our final prospectus dated November 29, 2010. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.
CONTACT: DRC Partners, LLC