GreenChek Technology Inc. Update for 2014
22 May 2014 - 11:15PM
Marketwired
GreenChek Technology Inc. Update for 2014
SAN FRANCISCO, CA--(Marketwired - May 22, 2014) - GreenChek
Technology Inc. (OTC Pink: GCHK) (PINKSHEETS: GCHK), developer of
the hydrogen generation and storage technologies, is pleased to
provide an update for 2014.
The company's hydrogen generation and storage technology
innovation continues to strengthen, as we establish new renewable
energy systems within our product pipeline. The development of the
GCX stationary hydrogen generation and storage module, which
supports industrial scale renewable energy applications, has been a
point of emphasis for our research and development efforts over the
last year.
"While our stationary module is still in early development, we
are pleased with the milestones achieved and believe it is
necessary for us to broaden our product offerings," stated
GreenChek President Lincoln Parke. We are utilizing the heart of
our scalable ERD hydrogen generation and injection technology to
build our stationary GCX system. Our developmental stationary
product is geared toward large scale hydrogen gas generation and
storage, with a view to directly providing renewable energy.
In addition to the GCX development, we continue to advance
research, development, field testing and commercialization of our
flagship mobile ERD (Emission Reduction Device) module. Lab testing
simulates extreme environmental conditions and influences on ERD
modules to verify the performance and reliability during and after
hot and cold, wet and dry environmental conditions, as well as
extended road exposure. The mobile ERD has already received
certification in the European Union.
About GreenChek GreenChek Technology, Inc. is traded
under the symbol GCHK on the PINK OTC Markets. GreenChek is a
developmental company that develops, manufactures and distributes
hydrogen generation and storage technology. Our technology has both
mobile transportation applications, as well as stationary power
generation applications. GreenChek manufactures an emission
reducing device simply known as the ERDâ„¢, which can be retrofitted
to any internal combustion engine, regardless of fuel source.
GreenChek provides innovative world-class mobile Greenhouse Gas
(GHG) emissions reduction technology, while greatly enhancing fuel
economy for the mobile transportation industry. Please visit our
website: www.greenchektech.com.
Safe Harbor Statement Statements in this press release
regarding GreenChek's products, services, capabilities,
performance, opportunities, development and business outlook that
are forward-looking involve and are subject to known and unknown
risks, uncertainties and other factors, some of which are beyond
GreenChek's control and difficult to predict, and could cause
actual results to differ materially from those anticipated,
expressed or forecasted in the forward-looking statements.
Forward-looking statements may be identified by the use of the
words "anticipates," "expects," "intends," "plans," "should,"
"could," "would," "may," "will," "believes," "estimates,"
"potential" or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. Such risks
and uncertainties may include, but are not limited to: lack of
operating history, difficulties in distinguishing GreenChek's
products and services, ability to manufacture and deploy
GreenChek's products, lack of or delay in market acceptance and
fluctuations in customer demand, dependence on a limited number of
significant customers, reliance on third party vendors and
strategic partners, availability of raw materials, subassemblies
and components, ability to meet future capital requirements on
acceptable terms, continuing uncertainty in the emissions reduction
industry and the global economy, compliance with federal and state
regulatory requirements, timing, availability and success of new
technology and product introductions and the other factors
discussed in GreenChek's filings with the Securities and Exchange
Commission.
For Further Information Contact: GreenChek Technology, Inc.
(315) 710 1277 contact@greenchektech.com www.greenchektech.com
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