GreenMan Technologies, Inc. has signed an exclusive license agreement with Iowa-based American Power Group, Inc. (APG) for the worldwide commercialization of APG’s patented dual fuel alternative energy technology that converts existing diesel engines to run on: diesel fuel and compressed natural gas; diesel fuel and bio-methane; or 100% on diesel fuel. Additional dual fuel system combinations are under development and will also be covered under the terms of this deal. (Source: Marketwire, June 22, 2009)
Contact: Lyle Jensen, CEO, GreenMan Technologies, (781) 224-2411, www.greenman.biz.