JUPITER, Fla., June 23, 2011 (GLOBE NEWSWIRE) -- GelTech Solutions, Inc. (OTCBB:GLTC), creators of FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques globally, today announced that FireIce and Chief Technology Officer, Peter Cordani were recently featured on CNN Money.com's 'Innovation Nation'.
To view the CNN Money.com article and video, please follow link:
Joseph Ingarra, President of GelTech stated, "We are excited at the national and international attention FireIce has received since being approved on the U.S. Forest Service Qualified Products List. There is a definite interest by the fire industry for FireIce as officials are always looking to find more effective ways to combat fires. We have been working on the ground with local and government officials at many of the fires receiving national attention. We are very excited with the prospects for the second half of the year and the heart of the fire season."
GelTech will be updating investors in a press release the week of July 11th with specific details involving each of the company's vertical markets.
About GelTech Solutions:
GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires.
FireIce® is a patent pending fire suppressant used for direct attack of fires as well as a medium term retardant for structure protection. FireIce can be used in all types of apparatus; fire extinguishers, pumper trucks, aerial units for wildfires and home defense units for personal home protection.
About CNN Money.com:
CNNMoney.com is the online home of Fortune and Money, and serves as CNN.com's exclusive business site. According to Neilsen/NetRatings 1H07 data, 10.8 million unique visitors are attracted per month. CNNMoney.com is a division of Time Warner, Inc., the world's largest media company, and is available online or through Internet enabled mobile devices at CNNMoney.com.
For more information on GelTech, please visit: http://www.GelTechSolutions.com
To learn more about FireIce, please visit: http:// www.fireice.com
Join our growing FireIce fan base at: http:// www.facebook.com/FireIce911
Become a fan of our new homeowner solution at: http://www.facebook.com/FireIceHDU
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements regarding the prospects for the second half of the year. Forward-looking statements can also be identified by words such as "targets," "expects," "believes," "anticipates," "intends," "may," "will," "plan," "continue," "forecast," "remains," "would," "should," and similar expressions. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance and results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include competition from current vendors and the reluctance to change.
Further information on our risk factors is contained in our filings with the Securities and Exchange Commission, including our final prospectus dated November 29, 2010. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.
CONTACT: Investor Contact: Ross DiMaggio DRC Partners, LLC (609) 718-0777