Green Star Products 2012 Business Outlook
January 12 2012 - 9:30AM
Marketwired
Today, Mr. Joseph LaStella, President of Green Star Products, Inc.
(PINKSHEETS: GSPI), announced the Company's progress for 2011 and
the outlook for the New Year.
Mr. LaStella stated: "Like many other companies, Green Star has
been affected by adverse global economic conditions. Therefore,
early in 2011 Green Star announced a new business strategy to
create greater revenue for the company."
To this end, Green Star expanded its existing product line and
engineering capabilities. GSPI formed relationships with high tech
companies to represent their closely related green technologies in
many foreign countries including China.
In 2011, GSPI concentrated on providing new product testing and
certifications in the USA and globally, building a stronger
foundation for GSPI to move into global markets in 2012.
The premier debut of the Italian Gun Grease (IGG) lubricant line
of products (manufactured by Green Star Products) will be showcased
on January 17, 2012, at the Sands Expo and Convention Center in Las
Vegas at the Shot Show. There will be several different
distribution companies displaying our products. Eco Solutions Group
(www.ecosolutionsgroup.com) distributes IGG products in the USA and
several foreign countries.
The Sands Expo show is the world's premier exposition and most
comprehensive trade show for all professionals involved with the
shooting sports, hunting and law enforcement industries. The show
attracts buyers from all 50 states and more than 100 countries.
The new product lines developed by Green Star for and with Eco
Solutions Group include specialty performance enhancing weapons
lubricants for the outdoor, shooting and tactical markets. There
are currently formulas for Original, Black Powder, Tactical and a
true grease product (called True Grease). Reel Slick, a fishing
reel product, will be released shortly. The IGG line has a special
HD lens cleaner called ClearView for scopes and optics which is
produced by Universal Cleaner and Protectant company (19% owned by
Green Star).
In 2012, our coatings product line and other TVT products are
being tested around the world and we expect orders very soon.
Green Star has also been asked to submit proposals for
alternative energy technologies by several international companies
in the areas of biofuels and algae production for biodiesel and
energy related technologies.
We believe this new year will be a very successful one for
GSPI.
Forward-looking statements in the release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including without limitation, continued acceptance of the company's
products, increased levels of competition, new products and
technological changes, dependence on third-party suppliers, and
other risks detailed from time to time in the company's periodic
filings.
CONTACT: Joseph LaStella President Green Star Products, Inc.
800-741-7648 800-340-9784 619-789-4743 (fax)
info@GreenStarUSA.com
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