GTSO: Major Expansion and Rebranding Ahead for Global Cell Buyers

SAN JOSE, Calif.--()--As demand for valuable manufacturing metals such as gold, palladium and rare earths continue to rise, Green Technology Solutions, Inc. (OTCBB: GTSO) has big plans for its latest acquisition, Global Cell Buyers (GCB).

Only a week after the e-waste recycler was purchased by GTSO’s mining subsidiary, GTSO Resources, the company announced the start of a new initiative today to rebrand GCB and greatly expand its services.

“While cell phones remain the most profitable electronic waste stream, the name ‘Global Cell Buyer’ is far too limited to apply to today’s rapidly growing urban mining marketplace,” said CEO Paul Watson. “The obsolescence rate of tablets, laptops, MP3 players and other electronic devices are rapidly approaching that of smartphones, which are replaced after an average of 18 months. Global Cell Buyers must be equipped to handle all of these streams in addition to phones.”

As the popularity of high-tech gadgets and computers booms in developing markets such as India and China, global demand for scarce elements like gold and tungsten has exploded beyond what traditional mining efforts can supply. The solution to the world’s ever-increasing appetite for minerals lies in recycling electronic devices that are unused and unwanted, in conjunction with traditional mining methods.

Urban mining is a major pillar of GTSO’s plans to compete alongside major international corporations striving for green business solutions, such as ABB Limited (NYSE: ABB), Waste Management (NYSE: WM), and Toyota Motor Corporation (NYSE: TM). The company is also exploring traditional mining opportunities in the U.S. and Africa through its joint venture with Diamond V Associates.

For more information on these initiatives, please visit www.GTSOResources.com/investors.html.

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. [www.gtsoresources.com] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit our website at www.GTSOresources.com/investors.html.

Follow us on Twitter at www.twitter.com/gtsoresources.

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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.

Contacts

Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
info@gtsoresources.com

Release Summary

GTSO: Major Expansion and Rebranding Ahead for Global Cell Buyers

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Contacts

Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
info@gtsoresources.com