NASSAU, Bahamas, Dec. 2, 2010 /PRNewswire/ -- Global Environmental Energy Corp., (DE: GLI ; OTC Bulletin Board: GEECF www.geecf.ru –) confirmed today that its Thai based manufacturing vendor, World Green Energy is expected to deliver the first 100% Thai manufactured Biosphere to True Green Energy (DE:TGG) in Manila in Q1 2011.
The first new 6MW per hour Biosphere system to come off the Bangkok production line will be shipped Today to True Green Energy Group Philippines, TGEG Canada Limited is a public company, " ISIN Number CA8724191066, CUSIP number 872419106, trading on the Deutsche Borse AG under stock symbol TGG.
A second system is in manufacture for supply to local clients in Bangkok in March 2011. This new Thai manufacturing capacity adds to Globals existing manufacturing capacity for Biospheres and is expected to play a significant role in supplying Biosphere systems for delivery to Africa in 2011.
Biosphere systems operate on municipal solid waste, industrial, commercial or agricultural waste streams to provide environmental cleanup, renewable electricity, clean water and sanitary health care.
Global is a fully integrated energy company whose interests include electrical power generation and waste management technologies. Global holds an exclusive licensing agreement with the inventors, developers and owners of the patented Biosphere Process™ System. Global manufactures Biospheres under contract in several countries.
Biosphere Development Corp., markets Biospheres on license in Asia and the Americas North & South. Sahara Petroleum Exploration Corp., markets Biospheres on license in Europe, Russia, and the former CIS and Africa, Australia. Global receives revenues from operational Biospheres through Royalty and Fee agreements with its licensees and their sublicenses which provide for 25 year revenue streams payable to Global on every operational Biosphere. Global is currently seeking to attain a full exchange listing for its securities.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.
Contact: Global +852 8125 4866 PO Box AP-59223 0452 Nassau Bahamas firstname.lastname@example.org
SOURCE Global Environmental Energy Corporation