General Environmental Management, Inc. (“GEM”) (OTCBB: GEVI) is pleased to announce that its Stock Purchase Agreement with Luntz Acquisition (Delaware), LLC, a subsidiary of PSC Environmental Services, LLC, pursuant to which the Company has agreed to sell General Environmental Management, Inc. (DE) and its subsidiaries, continues to stay on target for a closing date on or prior to March 1, 2010.

However, the closing of the sale is still subject to the approval of shareholders and other customary closing conditions. GEM’s Board of Directors has unanimously approved the Purchase Agreement and adopted resolutions recommending shareholder approval. Following the proxy vote, the Company will hold a shareholders' meeting to submit the Purchase Agreement for approval on February 19, 2010.

Tim Koziol, GEM Chief Executive Officer, stated, “We are very pleased with our progress in shifting GEM’s focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. We firmly believe this transition will lead to a dramatic improvement of our balance sheet as well as lay the foundation for long-term growth and profitability.”

About General Environmental Management, Inc.

General Environmental Management, Inc. (http://www.GeneralEnvironmental.com) is a full-service hazardous waste management and environmental services firm providing integrated environmental solutions managed through its proprietary web-based enterprise software, GEMWare, including the following service offering: management and transportation of waste; design and management of on-site waste treatment systems; management of large remediation projects; response to environmental incidents and spills; and environmental, health and safety compliance. Headquartered in Pomona, Calif., GEM operates five field service locations and one Treatment, Storage, Disposal facility (TSDF), servicing all markets in the Western U.S.

FORWARD-LOOKING STATEMENTS

This press release may include "forward-looking statements" 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. All statements, other than statements of historical facts, included in this press release that address activities, events or development that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company's actual results to differ materially from those implied or expressed by the forward-looking statements. The Company assumes no duty whatsoever to update these forward-looking statements or to conform them to future events or developments.

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