PENN YAN, N.Y., Nov. 2, 2011 (GLOBE NEWSWIRE) -- GreenCell, Incorporated (OTCBB:GCLL.OB) today announced that it has entered the world of nano-technology through a purchase of particle grinding technology that can produce pure materials in the nano-particle scale range. This technology is a match to GreenCell's capability of measuring particles through this small laser particle analysis and surface area analysis. The ability to produce technical grade ceramics with engineered properties on the nano-scale is important in achieving the right mix of targeted properties to igniters, sensors and fuel cell components.
Dan Valladao, "We are excited to continue expanding our technology base which will ensure our products are of the utmost quality."
About GreenCell, Incorporated
GreenCell is engaged in a joint venture with SenCer Inc. to develop, commercialize and market SenCer's UltraTempTM ceramic composite materials for Home and Transportation applications. GreenCell has identified multiple industries with significant commercial applications with potential revolutionary results. Some of the many applications for this technology are SOFC Fuel Cells, Igniters, Braking, Oxygen Sensors, and Ceramic Heaters.
Safe Harbor Statement
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.