SCOTTSDALE, Ariz., April 27, 2011 (GLOBE NEWSWIRE) --
Green Planet Group, Inc (OTCBB:GNPG) announced that its wholly owned subsidiary
Xentx Lubricants began its first fleet-wide installation of its Xentx Diesel
Fuel Additive. This revolutionary product is primarily a "combustion
enhancer" that improves diesel fuel combustion, resulting in improved fuel
economy while reducing harmful emissions.
The Company began testing Xentx Diesel Fuel Additive in
May 2010 on the diesel fuel-only buses, and the results were so impressive that
the school system has implemented the Xentx fuel efficiency program. This
program, which requires monthly shipments of the additive, is the first
fleet-wide installation in the Company's history.
The second phase of the test is ongoing, and the Xentx
fuel additive has been mixed with bio-diesel fuel and the results are
encouraging.
These bus engines have improved in efficiency and
emissions have been reduced. In addition, maintenance costs and downtime have
also been reduced. The overall annual savings of this program will exceed $2
million.
"The continued success of this program verifies the
positive impact of our Xentx technologies," stated Edmond L Lonergan
President/CEO. "The U.S. currently has approximately 700,000 school buses,
96% of which use diesel fuel, so our potential market is enormous, therefore,
we expect that this success will help us sell other school bus fleets and meet
our revenue goal of $70 million this fiscal year."
About Green Planet Group
Green Planet Group, Inc. (OTCBB:GNPG) is based in
Scottsdale, Arizona, and engages in ongoing research and development to create
products and services that enhance our environment. The Company's revenues are
currently derived from the production and distribution of fuel-based energy
conservation and clean-air products, as well as through the placement of
members of the growing ranks of the unemployed into meaningful "green
collar" careers. For additional information, please visit www.greenplanetgroup.com.
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