GreenMan Technologies Subsidiary Signs Distributor Agreement

Establishes Presence in World's Leading Market for Compressed Natural Gas Vehicles; Test Vehicles Already on the Road


CARLISLE, IA--(Marketwire - August 3, 2010) - GreenMan Technologies, Inc. (OTCBB: GMTI), announced its APG International, Inc. subsidiary ("APGI"), has entered a distributor agreement with a private company, Engineering Kinetics Limited ("EKL"), to sell and install its diesel dual fuel technology within Pakistan. The European Natural Gas Vehicle Association reports that Pakistan is the number one natural gas vehicular country in the world with over 2 million natural gas vehicles in operation. Pakistan is also reported to be the world leader in natural gas infrastructure, with 3,000 compressed natural gas ("CNG") fueling stations in operation and another 1,000 CNG fueling stations under construction.

To support the in-country product launch, APGI has upgraded three diesel test vehicles including a light-duty Shizore delivery truck, a mid-size Nissan delivery truck, and a heavy-duty turbo-charged Chinese FAW which is equivalent to a Class 8 tractor in the United States. We believe our ability to convert this diverse representation of test vehicles demonstrates the potential for the worldwide acceptance of our dual fuel conversion technology. Additionally, in the near future, APGI intends to upgrade a bus to address the fuel savings and emissions reduction that can be realized for the large number of transit busses operating within the country. 

Lyle Jensen, CEO of GreenMan, commented, "We look forward to working with the EKL Team which includes several technicians who have supported our historical stationary dual fuel installations. Despite Pakistan's leadership position in CNG vehicles and infrastructure, no one has introduced a reliable, safe, and economical CNG technology to effectively address the performance demands of medium and heavy-duty diesel trucks. Our marketing research for the country shows that out of the hundreds of thousands of eligible commercial diesel vehicles currently in use, only a few hundred have been converted to CNG. We expect favorable performance and acceptance of our CNG test vehicles and anticipate generating initial revenue later this calendar year."

EKL was formed in 1982 to provide comprehensive design, engineering, fabrication, and construction services to a variety of industries. For more information on EKL, go to www.eklonline.com.

About GreenMan Technologies
GreenMan Technologies, through its subsidiaries, provides technological processes and unique marketing programs for alternative energy, renewable fuels and innovative recycled products. The Company's alternative energy subsidiary, American Power Group, Inc. (APG) provides a cost-effective patented dual fuel technology for diesel engines. APG's dual fuel alternative energy system is a unique external fuel delivery enhancement system that converts existing diesel engines into more efficient and environmentally friendly engines that have the flexibility to run on: 1) diesel fuel and compressed natural gas ("CNG"); 2) diesel fuel and bio-methane, or 3) 100% diesel fuel depending on the circumstances. The proprietary technology seamlessly displaces up to 70% of the normal diesel fuel consumption with CNG or bio-methane and the energized fuel balance between the two fuels is maintained with a patented control system ensuring the engines operate to Original Equipment Manufacturers' ("OEM") specified temperatures and pressures with no loss of horsepower. Installation requires no engine modification unlike the more expensive high-pressure alternative fuel systems in the market. Our Green Tech Products, Inc. subsidiary develops and markets branded products and services that provide schools and other political subdivisions viable solutions for safety, compliance, and accessibility including recycled surfacing. See additional information at: www.americanpowergroupinc.com and www.playgroundcompliance.com

"Safe Harbor" Statement: Under the Private Securities Litigation Reform Act
With the exception of the historical information contained in this news release, the matters described herein contain "forward-looking" statements that involve risks and uncertainties that may individually or collectively impact the matters herein described, including but not limited to the fact that we have sold the tire recycling operations which have historically generated substantially all our revenue and that we will be prohibited from competing in that business on a regional basis until 2013; the risk that we may not be able to increase the revenue or improve the operating results of our Green Tech Products or American Power Group divisions; the risk that we may not be able to return to sustained profitability; the risk that we may not be able to secure additional funding necessary to grow our business, on acceptable terms or at all; the risk that if we have to sell securities in order to obtain financing, the rights of our current stockholders may be adversely affected; the risk that we may not be able to increase the demand for our products and services; the risk that we may not be able to adequately protect our intellectual property; and risks of possible adverse effects of economic, governmental, seasonal and/or other factors outside the control of the Company, which are detailed from time to time in the Company's SEC reports, including the Annual Report on Form 10-K for the fiscal year ended September 30, 2009. The Company disclaims any intent or obligation to update these "forward-looking" statements.

Contact Information:

Contacts:
Chuck Coppa
CFO
Lyle Jensen
CEO
GreenMan Technologies
781-224-2411

Investor Relations Contacts:
John Nesbett
Jennifer Belodeau
Institutional Marketing Services (IMS)
203-972-9200