JUPITER, Fla., Oct. 5, 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, is pleased to announce that Templeton & Company has been retained to perform an independent and objective business diagnostic review of the Company.
Templeton & Company is a professional services firm providing comprehensive business solutions to help its clients discover and realize their vision for success. The firm will assist GelTech to evaluate the revenue and cost associated with penetrating markets and accomplishing key business objectives with its innovative products.
The business diagnostic review will assist management in evaluating and prioritizing the Company's strategic and tactical issues and opportunities. The evaluation of strategic elements will consider the relationship of the mission and vision, organizational structure, information systems and rewards. The tactical evaluation will focus on marketing, production, personnel and finance. The objective is immediate value creation.
Michael Cordani, Chief Executive Officer, GelTech Solutions, stated, "We are pleased to be working with Templeton & Company for our business diagnostic review. Their team brings a wealth of knowledge and industry wisdom to the table. We feel that their analytic report will be of great benefit as we look to coordinate and focus GelTech's efforts not only in the U.S. but abroad as well."
About GelTech Solutions, Inc.
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(R) 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.
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.
Soil2O™'s dust control products and solutions stop all types of particulate matter from entering the air and water, solving even the most stubborn dust control problems. Soil2O™'s proven dust control products and solutions work on: aggregate pits, road construction sites, unpaved roadways, shoulders, and trails, coal, mineral, ore and limestone storage piles, gravel runways, heavy traffic roads, landfills, helipads and construction sites.
About Templeton & Company:
Founded in 1990, Templeton & Company is a professional services firm providing comprehensive business solutions to help its clients discover and realize their vision for success. Located in West Palm Beach, Fla., and Fort Lauderdale, Fla., the firm provides consulting services to businesses in multiple industries with a focus on audit, accounting, business valuations, and tax. Templeton & Company is also an independent alliance member with the BDO Seidman Alliance, a global network of leading CPA firms.
For more information about Templeton, its people, services, experience, and alliances, visit www.templetonco.com
For more information on GelTech, please visit: www.globenewswire.com/newsroom/ctr%3Fd=200732%26l=9%26a=http%253A%252F%252Fwww.GelTechSolutions.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252F_ylt%253DAuHOGp0ePm4FQhUDb0hXLJuliRkC%252FSIG%253D1150v51h1%252F%252A%252Ahttp%25253A%252Fwww.GelTechSolutions.com%252F">http://www.GelTechSolutions.com
To learn more about FireIce, please visit: http://www.fireice.com
To learn more about Soil2O, please visit: http://www.soil2o.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