May 15, 2009 11:57 ET
Green Star Plug-In Electric Hybrid Successfully Completes Preliminary Test Track Trials
FRANKFORT, Ky. --(Business Wire)-- May 15, 2009
Green Star Products, Inc. (OTC: GSPI) today announced that preliminary
testing of its plug-in hybrid electric vehicle (PHEV) has been
successfully completed at the Corbin Motor Speedway in Kentucky.
This was a preliminary test for the full demonstration event scheduled
during the first week of June. However, this preliminary test did
produce some impressive on-road efficiency data as follows:
1) The test run was designed to simulate an intra-city driving delivery
truck route at the test track.
2) The run consisted of 400 laps for a total of 100 miles.
3) The test included eight 10-minute delivery stops and a short lunch
break during the 100-mile run.
4) The test vehicle was driven by 3 drivers and included 2 track test
drivers and Brooks Agnew, President of Global Green Cars.
5) The PHEV required less than 1 gallon of gasoline for its hybrid
engine during the historic run. This equates to over 100 miles per
gallon in simulated intra-city driving.
Mr. Joseph P. LaStella, President of Green Star Products, stated: “Local
media covered the event even though it was only a preliminary test. The
official verification test will be held the first week of June. However,
the practice test clearly indicates the potential fuel and energy
savings of this vehicle.”
Intra-city driving delivery vehicles are the highest polluters and least
energy efficient vehicles in use today on a per mile basis. For example,
85% of the huge U.S. Post Office fleet travels less than 13 miles per
day yet consumes 2 to 4 gallons of gasoline per day. This is equivalent
to a mileage of 3 to 6 miles per gallon. Compare this to the 100 mile
test run of the GSPI plug-in hybrid which demonstrated over 100 miles
per gallon at its preliminary test run.
Green Star Products is a technology provider and a strategic alliance
partner in the Global Green Cars' international electric automobile
consortium. Global Green Cars and its Consortium's plans include
assembly line production of electric and plug-in hybrid electric
vehicles. See press releases dated April 13 “Green Star Products
Announces Kentucky Electric Car Demonstration for Legislators and Media”
(http://www.greenstarusa.com/news/09-04-13.html),
April 16 “Green Star Kentucky Electric Car Demonstration Covered by News
Media” (http://www.greenstarusa.com/news/09-04-16b.html),
and April 29 “Green Star to Demonstrate Plug-In Hybrid Electric Vehicle”
(http://www.greenstarusa.com/news/09-04-29.html).
About GSPI
Green Star Products, Inc. (OTC: GSPI) is an environmentally friendly
company dedicated to creating innovative cost-effective products to
improve the quality of life and clean up the environment. Green Star
Products and its Consortium are involved in the production of green
sustainable goods including renewable resources like algae biodiesel and
clean-burning biofuels, cellulosic ethanol and other products, as well
as lubricants, additives and devices that reduce emissions and improve
fuel economy in vehicles, machinery and power plants. For more
information, see Green Star Products' Web site at http://www.GreenStarUSA.com,
or call Public Relations at 1-800-741-7648 and 1-800-340-9784, or fax
619-789-4743, or email info@GreenStarUSA.com.
Information about trading prices and volume can be obtained at several
Internet sites, including http://www.pinksheets.com,
http://www.bloomberg.com
and http://www.bigcharts.com
under the ticker symbol "GSPI".
Forward-looking statements in the release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Investors are cautioned that such forward-looking statements
involve risks and uncertainties, including without limitation, continued
acceptance of the company's products, increased levels of competition
for the company, new products and technological changes, the company's
dependence on third-party suppliers, and other risks detailed from time
to time in the company's periodic filings with the Securities and
Exchange Commission.
Green Star Products, Inc.
Joseph LaStella, President
800-741-7648
800-340-9784
619-864-4010
619-789-4743
(fax)
info@GreenStarUSA.com