GTSO: Negotiations Continuing During Due Diligence Review of Klean Acquisition Option

Green Technology Solutions Inc. (OTCQB: GTSO) is advancing negotiations on the Term Sheet for the acquisition of Klean Industries as it continues with the due diligence process. Klean Industries owns patented technology for the production of transportation fuels from waste rubber, plastic and styrofoam.

“As we move forward with due diligence, we have decided to take the next step in negotiations,” said GTSO President and CEO John Shearer. “Finalizing a Term Sheet will allow us to begin working toward a definitive agreement. Klean delivers exactly the kind of early-stage innovation that we believe could produce explosive returns in the near future as oil prices continue to rise.”

Based in Vancouver, Klean Industries commercializes waste-stream conversion processes that turn tires, plastics and other petroleum-based refuse into fuel and energy commodities. Klean Industries is working to create a reliable new source of energy by turning waste into fuels.

Acquiring Klean Industries could potentially deliver new business and expertise to GTSO in a rapidly emerging segment of the green technology sector, Shearer said.

“Klean Industries is developing new technology to make green energy production cost-competitive with traditional fuel sources,” he said.

For more information on GTSO’s clean-tech business strategies, please visit http://www.greentech-solutions.com/investors.

Green Technology Solutions commercializes clean and renewable technology in a sector that includes Hitachi, Ltd. (NYSE: HIT), General Electric (NYSE: GE), Exxon Mobil Corp. (NYSE: XOM) and First Solar (NASDAQ: FSLR).

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. (OTCQB: GTSO) is a growth-oriented clean energy and rare earth elements company that is exploring rare earth metals production in Mongolia as well as exploring new clean, green technologies with large, scalable markets in the United States. GTSO pursues the acquisition of rare earths, using the latest green-tech innovations, through its profit alliance partner, Rare Earth Exporters. GTSO is an OTCQB publicly traded company. For more information, please visit our website at [http://www.GreenTech-Solutions.com]. For investment information and performance data, please visit http://www.GreenTech-Solutions.com/investors.html.

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.
John Shearer, 408-432-7285
President and CEO
info@greentech-solutions.com

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