GreenCell Inc. Has Developed a New Ceramic Seal System for Automotive Oxygen Sensors and Fuel Cells


PENN YAN, N.Y., March 1, 2012 (GLOBE NEWSWIRE) -- GreenCell Inc. (OTCBB:GCLL) has developed a new ceramic seal system for automotive oxygen sensors and fuel cells. The new composite seal is flexible and can be rapidly cut to shape for any high temperature seal application and can withstand temperatures to 1200C. The first commercial application will be as an intermediary seal between automotive ceramic sensors and the metallic housing they are sealed in.  Fuel cell application will immediately follow.

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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company's ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the Company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



            

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