GreenMan Renewable Fuel and Alternative Energy’s primary objective is to pursue licenses, joint-ventures, and long-term contracts focused on the commercialization of existing and late-stage development products and processes in green-based technologies including renewable fuels, alternative energy and recycled products.

Lyle Jensen, president and CEO of GreenMan Technologies, said: There has been significant global investment made over the past several years in the area of renewable fuels, alternative energy and clean-tech technologies and we do not see this momentum slowing down.