NEW YORK, NY--(Marketwire -02/08/12)- GreenCell, Inc. (OTC.BB: GCLL.OB - News) has announced they began parallel development on a type of automotive sensor that is non-precious metal based and developed upon their proprietary UltraTemp-C product.
GreenCell already has developed a high temperature seal coat which is stable to 1400°C and can be masked around the sensor element. Proprietary electrode technology is already developed to replace platinum and subsidiary SenCer has ink production facilities at its disposal.
According to Markets and Markets, revenue for the automotive sensor market is expected to grow from $14.5 billion in 2011 to $20.70 billion in 2016 at a CAGR of 7.4% from 2011 to 2016.
Other active stocks are North Springs resources (OTC.BB: NSRS.OB - News) Ecoland International (OTC.BB: ECIT.OB - News) and PulteGroup, Inc (NYSE: PHM - News)
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
There are no comments yet