Green Planet Group Acquires "Revolutionary" Technology

Green Planet Group, Inc GNPG announced today that it has completed the negotiations to acquire Global Energy International, LLC and the formal closing of this acquisition is expected before June 30, 2011. Global Energy has developed an in-vehicle hydrogen generator that will improve fuel economy by at least twenty (20) percent. Global Energy has been researching and developing a new method of using the excess power from a vehicle's alternator to separate water into its basic components of hydrogen and oxygen. The hydrogen gas is then routed into the air intake manifold and then into the combustion chamber. Although other companies are working on similar technology, none have achieved the efficiency of Global Energy. The immediate impact is an improvement in fuel economy of at least 20% and a reduction of approximately 60% in harmful emissions. "This hydrogen technology supplements over current Xentx products by adding a new dimension to Green Planet's efforts to become the World Leader in improving fuel efficiency and reducing harmful emissions," stated Edmond Lonergan, President/CEO. "Coupled with Xentx Extreme Engine Treatment, total fuel economy will be increased by approximately 26%. Field tests will begin within 10 days to confirm our performance projections."