NEW YORK, Feb. 7, 2011 (GLOBE NEWSWIRE) -- Green Envirotech Holdings (OTCBB:WCRM) (the "Company"), a leading plastics recovery, separation, cleaning, and recycling company, announced today it has retained the services of Strategic Tactical Asset Trading LLC ("S.T.A.T."), a provider of comprehensive investor relations services to the micro and small cap community.
"With the fast growing recycling segment where Green Envirotech is positioned to make significant contributions and to keep pace with our expanding company and shareholder base, we've engaged the expertise of the S.T.A.T. personnel group, a boutique investor relations firm that caters to growing micro-cap companies. Their keen understanding of investor relations strategies should prove advantageous as we continue to build out our business and our investor pool," commented Gary De Laurentiis, CEO of Green Envirotech Holdings, Inc. "We look forward to working alongside the S.T.A.T. group to communicate our corporate business and growth strategy with the investment community."
Eric Weldon, Manager and Founder of the S.T.A.T. group, commented, "We are equally happy to be working with and collaborating alongside Green Envirotech and its highly skilled and respected management team. The company is in a unique 'green niche field' that we believe will prosper in light of today's corporate, economic and environmental trends. Although S.T.A.T.'s formation is recent, Green Envirotech recognized our team has extensive experience in investor and public relations and broad tenures experience in corporate business. We look forward to working together to improve the company's visibility and ramp up the company's investor relations initiatives going forward."
ABOUT Green Envirotech Holdings INC.
Green Envirotech Corp. is a large scale plastics recycling and recovery company which removes and cleans contaminants from recycled automotive vehicles to produce a compounded resin product. Its unique patented process significantly reduces the amount of shredder residue going to landfills by 40 percent, which creates considerable cost savings for metal recyclers and the environment. The company has developed strategic partnerships with metal recycling companies and plans to leverage its recovery and manufacturing processes to primarily focus on automotive and durable goods applications and the production of sweet crude oil. Green Envirotech Corp. is a wholly-owned subsidiary of Green Envirotech Holdings Corp. (OTCBB:WCRM).
The Green EnviroTech Holdings Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8732
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