Monday, July 30, 2012

GelTech Solutions, Inc. (GLTC) is “One to Watch”

GelTech Solutions is a company on the forefront of water additive materials science with cutting-edge, environmentally friendly products, like their nontoxic FireIce®, firefighting/protectant gel, and the revolutionary soil remediation/dust suppression conditioner, Soil2O™.

FireIce is a paradigm-shattering firefighting tool that not only bypasses any need for the environmentally harmful chemicals (stabilizers and surfactants among others) typically found in alternatives, but actually binds water molecules together, forming a fire protectant shield. This gel shield snuffs out the flame, denying oxygen access to the flammable surface with a nice thick coating, while simultaneously dropping the temperature of the heat source rapidly. Cheaper and easier to use than the competition, with a squeaky-clean environmental profile, FireIce can be easily stored until ready to use.

You may have seen the creator of FireIce, Peter Cordani, on television/online, going at his own hand with a 2,000 degree blowtorch, confident that the FireIce gel coating his hand completely protects him from injury. This incredibly powerful substance has seen great success fighting wildfires in New Mexico recently and the US Forest Service’s tactical approach to fighting the nation’s wildfires was called into question by John Stossel on his show on FOX Business Network, for failure to comprehensively adopt FireIce (despite having approved its use on the ground and in the air), as the product is widely accepted to be the most effective fire suppressant/retardant on the market today.

The company has even packaged the product into a simple kit targeted at the homeowner. The FireIce Home Defense Unit™ brings the same protection from temperatures as high as 2k degrees Fahrenheit that is available to fire departments, Single Engine Airtanker pilots fighting the large wildfires in the southwestern United States, and the company’s network of GelTech Solution Distributors (mostly firefighting equipment suppliers), to the homeowner. An easy to use, portable, and high powered sprayer, together with two buckets (1,250 sq. ft each of wall/roof coverage) of FireIce, can safeguard a structure for up to 24 hours.

The same material engineering brilliance that produced FireIce also led to GelTech’s other major offering, Soil2O™, a natural polymer used for saving huge amounts of water (typically halves water/irrigation requirements) on lawn care, in backyard gardening, and in agricultural production. Infusing the soil and allowing for retention of as much as 400 times the polymer’s weight in water (keeping it where it needs to be and releasing 95% of that water back to the root mass on plant demand), Soil2O uses the same water molecule binding properties found in FireIce to also create optimal soil cohesion. Soil2O helps eliminate runoff and can be spread for controlling dust on construction sites, on road work, in fields, and anywhere else dust is a hazard.

The company recently reported signing a massive, 10-year exclusive distribution agreement valued at some $87.9M (minimum purchase level of $6M in year one) with XingFang Group Ltd. to sell FireIce in the PRC, giving GLTC a huge window to the larger Asian marketplace as well.

For more information on GelTech Solutions, Inc., please visit the company’s website at: www.GelTechSolutions.com

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