Dallas, Texas (June 27, 2011) – The StockGuru Spotlight is on GelTech Solutions, Inc. (OTCBB: GLTC), creators of FireIce, a water-enhancing fire suppressant that has the potential to change current firefighting techniques globally. The Company announced that FireIce and Chief Technology Officer Peter Cordani were recently featured on CNNMoney.com’s “Innovation Nation.” GelTech Solutions, Inc. closed on June 23, 2011, at $1.99 trading on 52K shares.
FireIce has been approved to be 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.
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.
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.
This GelTech Solutions, Inc. 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 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.
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