GTSO: Big Money in Exporting E-Waste to Europe

As Green Technology Solutions, Inc. (OTCBB: GTSO) targets the urban mining market that is projected to be in excess of $23 billion by 2018, one of the company’s partners is set to export collected electronic-waste for the purpose of recycling it for precious metals.

GTSO partner Chilerecicla, a Latin America-based e-waste exporter, is currently examining the percentage of rare earth content in tons of collected e-waste as it prepares to send it to its overseas smelter. Delivery is scheduled for early next month.

Forbes reported earlier this year that the Environmental Protection Agency estimates that less than 10 percent of all cellular phones are being recycled, and that only 25 percent of all e-waste ends up being collected for recycling. It is believed all of these electronic gadgets contain precious metals that could be reused.

“GTSO’s mission is to efficiently recycle by using a proven supply chain and collection methods like those used in Latin America by Chilerecicla,” GTSO CEO Paul Watson said. “There is a surge in demand for rare earth and other precious metals. The recycling of electronics is the most logical and sustainable course of action.”

Urban mining is pivotal to GTSO’s vision to compete alongside major international corporations striving for sustainable waste solutions, such as Covanta Holding Corporation (NYSE: CVA), Industrial Services of America (NASDAQ: IDSA) and Sims Metal Management Ltd. (NYSE: SMS). Late last year, GTSO acquired the company Global Cell Buyers and soon after rebranded the company as Green Urban Mining to handle its domestic recycling and resale operations.

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 the website at www.GTSOresources.com/investors.html.

Notice Regarding Forward-Looking Statements

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 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.