SOURCE: Global Technologies Group, Inc.
SARASOTA, FL--(Marketwire - Jul 18, 2012) - Global Technologies Group, Inc. (PINKSHEETS: GTGP) announces that after a series of requested additional tests performed by MSE Technology Applications, Inc. using the MBS technology for Mercury removal from stack gases, the cement plant requested and has set a schedule for a full two week run at their plant under normal operating conditions. This run will start on August 7th through August 21st. The Mercury removal percentage will be monitored daily and verified by both the plant and MSE, who will be on site during the entire run.
"Global is pleased that the length of this run was extended for a two week period by the plant as it will give both the EPA and the DOE hard data results for an extended period of time as opposed to the three day run originally scheduled. This extended run requested by the plant is a strong indication of the interest and value of utilizing MBS and its use in that industry and final verified data for the DOE and the EPA for mercury removal from stack gasses. This will be the final precursor for moving towards the use of MBS in all areas of both the cement and power plant industries as well as the DOE and EPA benchmarking MBS for best use status. We are looking forward to the completion of the test and the contracts with this cement plant and within the industry," stated James Fallacaro, President of Global Technologies Group, Inc.
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Solucorp Industries is the patent holder and licensor of the MBS technology.