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Geotec, Inc. Establishes New Laboratory Operations
Tuesday, June 17, 2008 5:30 AM


Geotec, Inc. (PINKSHEETS: GETC) announcedtoday that it has contracted to open a new 2100 square foot laboratory inDelray Beach, Florida for facilitating the anticipated commercializationof Geotec's bio-refining processes.

The laboratory will be utilized to support the agreements with TTITechnologies Inc., StoneGate Partners, and GreenCoal, LLC. Thelaboratory will produce proteins and enzymes, as well as testing andquality control of hydrocarbons. This will facilitate the acquisition ofcoal sites and initiation of the bio-refining process for the sale ofcoal hydrocarbons in the United States.


The Geotec laboratory will also be involved in the technology design,operation and certification of the hydrocarbon bio-refinery facilitiesinvolved in tax credits under Section 45 of the Internal Revenue Code.


The laboratory will be used to process Asphaltite (from Geotec'sArgentine mines) for bio-diesel/jet fuel and marine bio-diesel in abio-refining program. Geotec's enzyme/protein systems will be used inthe transesterification of ethanol into bio-fuels and bio-crude,environmental remediation, preliminary stages of carbon sequestration andits process to decontaminate gases containing impurities.


This laboratory will help Geotec develop its "GeoRich" family ofbio-friendly fuels. With the laboratory research, Geotec believes thatit will have a competitive advantage by utilizing its own feedstock fuelsto operate its mining, bio-refining facilities and ground and marineshipment of "GeoRich Fuels."


About Geotec, Inc.


Geotec, Inc. (PINKSHEETS: GETC) is a Green Energy Technology Company withoperations in the United States and Argentina. It utilizes proteins andenzyme technology to chemically convert hydrocarbons to commerciallyproduce higher-value coal. The technologies are used on hydrocarbons,such as coal or oil, to reduce heavy metals and other contaminants suchas sulfur, arsenic and mercury. It can correct pollution in the air,water or soils. In addition, the Company owns process technologies thatcan remediate hydrocarbon-contaminated soils. The Company's assets inArgentina are comprised of the mineral rights in seven Asphaltite(high-volatile hydrocarbon material) mines.


Safe Harbor


Statements in this release, which relate to other than strictlyhistorical facts, including statements about the Company's plans andstrategies, as well as management's expectations about new and existingproducts and services, technologies and opportunities, market growth,demand for new and existing products and services, are forward-lookingstatements. The words "believe," "expect," "anticipate," "estimate,""project," "intend" and similar expression identify forward-lookingstatements that can speak only as of the date hereof. This press releasecontains certain forward-looking statements regarding Geotec, itsbusiness prospects and results of operations that are subject to certainrisks and uncertainties posed by many factors and events that could causeGeotec's actual business, prospects and results of operations to differmaterially from those that may be anticipated by such forward-lookingstatements. The Company assumes no obligation to notify of any changes,other than material events as required by the Securities and ExchangeCommission. Readers are urged to carefully review and consider thevarious disclosures made by Geotec in this new release and other reportsfiled with the Securities and Exchange Commission that attempt to adviseinterested parties of the risks and factors that may affect Geotec'sbusiness.

Contact:
Point Communications Group
Richard Kaneb
(888)-429-6210
http://www.geo-tec.net

(Source: Market Wire )


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