updated 2/7/2011 12:16:41 PM ET 2011-02-07T17:16:41

NEW YORK, Feb. 7, 2011 (GLOBE NEWSWIRE) -- Green Envirotech Holdings (OTCBB:WCRM) (the "Company"), a leading plastics recovery, separation, cleaning, and recycling company, announced today it has retained the services of Strategic Tactical Asset Trading LLC ("S.T.A.T."), a provider of comprehensive investor relations services to the micro and small cap community.

"With the fast growing recycling segment where Green Envirotech is positioned to make significant contributions and to keep pace with our expanding company and shareholder base, we've engaged the expertise of the S.T.A.T. personnel group, a boutique investor relations firm that caters to growing micro-cap companies. Their keen understanding of investor relations strategies should prove advantageous as we continue to build out our business and our investor pool," commented Gary De Laurentiis, CEO of Green Envirotech Holdings, Inc. "We look forward to working alongside the S.T.A.T. group to communicate our corporate business and growth strategy with the investment community."

Eric Weldon, Manager and Founder of the S.T.A.T. group, commented, "We are equally happy to be working with and collaborating alongside Green Envirotech and its highly skilled and respected management team. The company is in a unique 'green niche field' that we believe will prosper in light of today's corporate, economic and environmental trends. Although S.T.A.T.'s formation is recent, Green Envirotech recognized our team has extensive experience in investor and public relations and broad tenures experience in corporate business. We look forward to working together to improve the company's visibility and ramp up the company's investor relations initiatives going forward."

ABOUT Green Envirotech Holdings INC.

Green Envirotech Corp. is a large scale plastics recycling and recovery company which removes and cleans contaminants from recycled automotive vehicles to produce a compounded resin product. Its unique patented process significantly reduces the amount of shredder residue going to landfills by 40 percent, which creates considerable cost savings for metal recyclers and the environment. The company has developed strategic partnerships with metal recycling companies and plans to leverage its recovery and manufacturing processes to primarily focus on automotive and durable goods applications and the production of sweet crude oil. Green Envirotech Corp. is a wholly-owned subsidiary of Green Envirotech Holdings Corp. (OTCBB:WCRM).

The Green EnviroTech Holdings Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8732

Safe Harbor Statement:

This press release contains forward-looking statements. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially, including, but not limited to our ability to: attract members; convert members into paying subscribers and retain our paying subscribers; develop or acquire new product offerings and successfully implement and expand those offerings; keep pace with rapid technological changes; maintain the strength of our existing brands and maintain and enhance those brands and our dependence upon the telecommunications infrastructure and our networking hardware and software infrastructure; identify and consummate strategic acquisitions and integrate acquired companies or assets; obtain financing on acceptable terms; and successfully implement our current long-term growth strategy. For a discussion of these and further risks and uncertainties, please see our filings with the Securities and Exchange Commission. We file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other information that we file at the SEC's public reference room at 100 F Street, N.E., Washington, D.C., 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Our public filings with the SEC also are available from commercial document retrieval services and at the Web site maintained by the SEC at  http://www.sec.gov .

CONTACT: Investor Relations of Green Envirotech Holdings Inc.
         (888) 405-3160  ext. 1
         greenenvirotechir@statcommgroup.com
         www.STATcommgroup.com

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