Tire Recycler Stands Behind Growth Strategy

RENO, Nev., Jan. 7, 2004 -- AXcess News (www.theaxcess.net) announced today that they have released a story on GreenMan Technologies, Inc. (AMEX:GRN) following the company's year end earnings release in which Bob Davis, GreenMan Tech. President, defended the Company's disappointing year end results.

GreenMan Technologies, Inc. had recently been featured in a special weeklong series of articles on a broad mix of environmental companies titled "The Value of Green." The series covered Bennett Environmental, PDG Environmental, Capital Environmental Resource, GreenMan Technologies, Inc. (AMEX:GRN) and Itronics, Inc. (BULLETIN BOARD: ITRO) .

In today's story on GreenMan Tech., AXcess News laid out the history of the tire recycler's year, comparing its setbacks to other tire recyclers who experienced shortfalls in cash and environmental cleanup problems associated with improper storage. In today's story, AXcess News pointed to Davis' comments on the company's acquisition and merger strategy as still being its course of direction for 2004, hinting at future profitability.

AXcess News will be releasing follow up stories on all of the companies featured in its environmental series, The Value of Green.

The Value of Green, an inside look into a variety of environmental stocks presented as a series of news articles found only in AXcess News online. To read these and other small cap business news you won't find anywhere else go to http://www.theaxcess.net/.

About AXcess News

Dubbed the "Yahoo! of small cap business news" by Gordon Borrell, one of America's leading media and research gurus, AXcess News is fast becoming a known commodity for both the serious investor and people in general looking for informed articles and insightful columns that appeal to a broad spectrum of readers.

This release was issued on behalf of the above organization by Send2Press(TM), a unit of Neotrope(R). http://www.send2press.com/