Green Star Products' TVT Lubricant Now Being Distributed to Nine Provinces in China
BAKERSFIELD, Calif.--Dec. 1, 20038, 2003--Green Star Products, Inc. (OTC:GSPI) announced that it had received its largest order for TVT Lubricant Product from China on September 8, 2003. On October 20, 2003, GSPI delivered to the Long Beach Harbor enough TVT product (bulk delivery) to fill over 100,000 bottles of TVT in China. This product is now being distributed to nine provinces in China through a distributor network.The success of GSPI's TVT products in China can be attributed to its two Vice-Presidents in charge of GSPI's Asian Lubricant Division. Dr. Jackson Chen is a chemical engineer and a PhD in petroleum chemistry who for 20 years has been in management of Lubricant Divisions for various petroleum companies including Unocal, Ethyl Petroleum Additive Co., US Lubricant Co and Wynn Oil Co. Mr. Michael Hu was previously the management director of SCE, which was the exclusive distributor for Wynn Oil Co. and US Lubricants Co. products in China. Mr. Hu has worked as a project engineer for Uyimura Co., a Japanese chemical company, for 4 years. Mr. Hu recently headed EZ Long Life Co., which is involved in numerous trading activities in Asia.
Dr, Chen and Mr. Hu established the initial market for GSPI's TVT products in 2002 and they are responsible for the steady increase in GSPI's market share of its lubricant products in China.
GSPI is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment.
GSPI is involved in the production of renewable clean-burning biodiesel and other products like lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see GSPI's Web site at http://www.GreenStarUSA.com or call Investor Relations at 619-409-8977, or fax 661-825-8064, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites including 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.