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PTS, Inc. to develop "Green Energy Park"

Fri, 11/02/2012 - 12:47pm
The Associated Press

Pts Inc. (PINKSHEETS:PTSH) www.ptspi.com is pleased to announce signing Memorandum of Understanding with Green Renewable Technology, Inc. (GRT) www.grtglobalsolutions.com to be part of the effort to clean and protect the environment and produce low cost renewable energy.

United Waste and GRT look to generate electricity through various clean technologies. Plans include a methane recapture facility, which will draw the methane gas from the decomposing waste in the existing landfill and convert it to electricity. Additionally, waste-to-energy facility that will receive and process municipal solid waste (MSW) is also part of the project using proven refuse derived fuel (RDF) processes. Recyclable materials will be separated from the MSW and put back into the manufacturing stream; hazardous and large material isolated and disposed of properly, and the bulk of the organic material shredded and converted into an energy generating feedstock. Any resulting waste or ash from this part of the process will have various environmentally friendly uses such as an additive to fertilizer or as building material filler.

More updates will follow shortly and on a timely basis.

Safe Harbor Statement

Information in this release may contain statements about future expectations, plans, prospects or performance of PTS Inc. (PINKSHEETS:PTSH) that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. PTS Inc. (PINKSHEETS:PTSH) cautions you that any forward-looking information provided by or on behalf of PTS Inc. (PINKSHEETS:PTSH) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS Inc. (PINKSHEETS:PTSH)'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS Inc. (PINKSHEETS:PTSH)'s control. In addition to those discussed in PTS Inc. (PINKSHEETS:PTSH)'s press releases, public filings, and statements by PTS Inc. (PINKSHEETS:PTSH)'s management, including, but not limited to, PTS Inc. (PINKSHEETS:PTSH)'s estimate of the sufficiency of its existing capital resources, PTS Inc. (PINKSHEETS:PTSH)'s ability to raise additional capital to fund future operations, PTS Inc. (PINKSHEETS:PTSH)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS Inc. (PINKSHEETS:PTSH)'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS Inc. (PINKSHEETS:PTSH) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

 

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