General Environmental Management Inc. (GEM) (OTCBB: GEVI), a company specializing in the treatment and disposal of non-hazardous wastewater, today announced its financial results for the three months ended March 31, 2010. The company reported first-quarter GAAP (generally accepted accounting principles) earnings per share (EPS) at $0.30. For the first time in Company history, GEM has recorded a quarterly net income. Total net income for the quarter was calculated at $4,477,955.

Revenues for the first quarter are strictly from the Southern California Waste Water (SCWW) subsidiary, due to the discontinuation of all other segments of the GEM hazardous waste business during the first quarter of 2010. Revenues topped $1.46 million, up 28% from $1.14 million for the same time period in 2009. The new company direction to a primarily non-hazardous wastewater treatment driven business model provides the foundation to build a strong enterprise.

First quarter gross profits for 2010 were $172,769, down from $272,437 reported for the same time period in 2009. This reduction in 2010 gross profits is primarily attributed to a $150,000 one-time remediation expense to improve the facility in Santa Paula. Future quarterly results will not have recurring expenses from the facility’s improvements. Monetary gain on the sale of the GEM Delaware facility and its subsidiaries equaled $8.687 million.

GEM operating expenses includes a non-cash charge in the first quarter totaling $380,000 related to the issuance of S-8 shares for business development. The current weighted average shares of common stock outstanding, basic, and diluted is 15,057,653.

Chief Executive Officer of GEM Timothy Koziol stated, “We are pleased with the results shown in our first quarter. For the first time in the Company’s inception we have positive net income. I firmly believe that the decision to pursue the non-hazardous wastewater strategy has been a wise one and look forward to building and developing our business model. While our financial statements only include the revenue through SCWW as footnotes, we expect that our 2^nd quarter results will be more clearly defined as the non-hazardous wastewater treatment becomes our sole revenue source.”

See our disclaimer page; no position in the stock of GEVI.

See our Disclaimer Page; no position in the stock of GEVI

General Environmental Management Inc. (GEM) (OTCBB:GEVI), a company specializing in the treatment and disposal of non-hazardous wastewater, announced today the release of a company overview as presented by General Environmental Management, Inc. CEO Timothy J. Koziol. The “State of the Union” style communiqué serves to provide current and prospective shareholders with a complete picture of where the company currently stands in its revised business model to expand from an environmental services only company to an enterprise that begins with the treatment and disposal of non-hazardous wastewater at its subsidiary, Southern California Waste Water (SCWW), and expands to include a full spectrum of environmental services.

Chief Executive Officer of GEM Timothy J. Koziol began the communiqué by stating, “Over the recent months, General Environmental Management has changed direction, company vision, and company profitability. As we evolve into our new business model, we recognize the importance of keeping our shareholders up-to-date. It is with this intention that I present this communiqué to you today.”

“Since 2002, GEM has been providing a premium level of environmental solutions to clients in the Western Region of the United States. While our direction has changed from hazardous waste services to the treatment and disposal of non-hazardous wastewater, we remain vigilant and focused on building shareholder value. Our previous business model focused primarily on environmental services and the management of hazardous waste. Our proprietary software solution, GEMWare, was designed to give GEM and its clients the data needed to efficiently manage regulated waste streams from start to final treatment and disposal.”

“While this business model suited us for a time, and provided the framework to build General Environmental Management, we believed that higher profitability lay in non-hazardous wastewater treatment. Water stands as the 3^rd largest industry behind power generation and oil and gas. According to the US Bureau of Labor Statistics, the water and wastewater industry experienced 4%, 2%, and 8% growth in the 1990, 2001, and 2007 recessions respectively. GEM’s Board of Directors decided the Company should change its focus from a purely services based company to an enterprise with a foundation in a fixed based treatment and disposal facility, like SCWW.”

Mr. Koziol continues, “SCWW, a non-hazardous wastewater treatment facility in Santa Paula, California, was our platform. We acquired them and began plans to grow the business organically and develop state-of-the-art systems for operations, sales, compliance, finance, and human resources at SCWW which can then be deployed at other acquired facilities. Our expert staff created a turn-key system sculpted from GEM’s expertise to streamline processes and provide dynamic full spectrum environmental services. Ultimately, GEM aims to establish a nationwide network of wastewater treatment facilities over the next few years, seeking out acquisitions and reformulating them to the GEM standards.”

“Margins from the treatment of hazardous waste were between 5%-10%, mainly due to the costs involved in the final disposal stage at permitted facilities operated by outside sources. Non-hazardous wastewater treatment margins at SCWW by contrast are over 30%. Taking ownership of the final processing plant at SCWW has proven to be the key in securing maximum profitability. Our change of focus has resulted in margins up to eight times greater than those maintained by our hazardous waste services only model. We are excited about our business strategy to push greater volume with a scalability that permits us to grow at a solid pace.”

Koziol added, “The domestic water industry is approximately $120 billion in size, with the global market currently calculated at over $400 billion. The industry is growing each year with increasing demands from industry, government and consumers. In 2009, SCWW gross revenues totaled $6,205,903 with an EBITDA of $1,751,333. In 2010 we expect to see continued growth at SCWW.”

Mr. Timothy Koziol concluded the communiqué, “The new systems we are developing and deploying at SCWW are turn-key, completely scalable and provide a platform for future growth. Our new business model is also more in tune with the economic landscape of today. The sign of any good company is the ability to not only survive in an economic downturn, but to thrive. As stated previously, we believe that 2010-2011 will be years of enormous growth for GEM.”

General Environmental Management (OTCBB: GEVI) announces today that it has signed an exclusive marketing agreement with Earthsonics for down hole stimulation of oil and gas production using a combination of PetroMax and sonic stimulation.

“This agreement represents a significant stride forward in the company’s effort to bring new technology to the energy market,” said GEM’s CEO, Timothy J. Koziol. “Furthermore, it extends our service to the oil and gas industry to encompass the whole production process from well site to waste disposal.”

Doug Edwards, GEM’s Chief Strategy Officer, explained the process, “Sonic stimulation is a process that takes low frequency sound

energy and combines it with our PetroMax solution to increase the flow rate from existing production wells.”

“Sonication stimulates the PetroMax chemical and process to detach hydrocarbon molecules from the depth of the earth, enabling them to be recovered by well pumps. The technology borrows from advances made by the US Navy to make reality from what had previously been only hoped for,” continued Edwards.

“Our first commercial applications will take place this month in Illinois and then in Texas. We also have a California well site that will be stimulated this summer,” added Edwards.

The business model includes a monthly lease rate for the sonication equipment and a fee for the PetroMax solution or a sharing in the increased production revenue. Tests supervised by the Department of Energy show that the Earthsonics process can stimulate production by up to 25% per well.

The marketing agreement gives GEM exclusive rights to use the sonication process in California and non-exclusive rights throughout the United States.

“This is the first commercial application combining these new technologies,” notes Koziol. “If it performs as hoped, GEM will be at the forefront in using new technology in the oil and gas exploration industry.”

Earlier this year, GEM acquired marketing rights to PetroMax, a patented series of water-based chemicals and various application processes that are combined to shear hydrocarbons from surfaces to which they are tightly attached. PetroMax is now used for oil tank clean outs through GEM’s Santa Paula facility, Southern California Waste Water.

“I have witnessed the thickest of oily sludge in tank bottoms become instantly fluidized,” said Edwards. “We are very excited at the prospect that we will be able to replicate down hole what we are accomplishing today in tank bottom cleanouts.”

See our disclaimer page; no position in the stock of GEVI

General Environment Management Inc. (OTCBB: GEVI) primarily engages in the treatment and disposal of non-hazardous waste service solutions.  Based on a plan devised last year in response to economic changes, the company recently announced a new business model designed to drive profitability and generate higher margins.

The transition centers on expansion from an environmental services only company to an enterprise that begins with the treatment and disposal of non-hazardous wastewater at its subsidiary, Southern California Waste Water (SCWW), and expands to include a full spectrum of environmental services for its clients. The Company aims to establish a nationwide network of environmental facilities.

The company’s first plan of action was to sell its mobile treatment services business and its hazardous waste services business. GEM then completed the acquisition of Southern California Waste Water (SCWW), a non-hazardous wastewater treatment facility based in Santa Paula, Calif.

GEM’s primary focus now centers on SCWW, which it plans to strengthen through organic growth and through the development of “state-of-the-art systems” that can be integrated at other acquired facilities.

Bill Mitzel, president and chief operating officer of GEM, said that SCWW provides greater margins than the previous business model offered, generating margins up to eight times greater than GEM’s hazardous waste services model. Mitzel also highlighted the importance of the company’s acquisition of SCWW and its capabilities in the industry.

“In the environmental sector all regulated waste must be ultimately treated and disposed of properly at permitted facilities. Because of this, the final treatment and disposal facilities generally have greater stability in their revenues streams and higher margins. SCWW is a tremendous asset because of its ability to treat and dispose of non-hazardous wastewater. We are excited about our business strategy to push greater volume through SCWW and develop the kind of systems we created previously for efficiency, increased revenue, greater margins and scalability,” Mitzel stated in the press release.

SWCC forecasts 2010 revenues from servicing oil and gas producers to grow more than 75 percent over 2009. GEM attributes this expectation and growth to a solid marketing presence, rising oil prices, vertical integration of exclusive licensed and environmental services, and enhanced processing capabilities.

Tim Koziol, CEO of GEM, said SWCC’s projections for the upcoming year prove its resilience to the economic troubles in the state of California.

“While California continues to suffer from the recent recession, SCWW’s business model of diversification and integration within the wastewater business sectors has enabled the company to not only weather the storm, but to emerge stronger than ever. Still, as California’s business outlook improves, we anticipate additional growth in domestic waste and general industry sectors,” Koziol stated.

See our disclaimer page; no position in the stock of GEVI

General Environmental Management Inc. (GEM) (OTCBB: GEVI) announced today that its subsidiary, Southern California Waste Water (SCWW), anticipates that this year’s revenue from servicing oil and gas producers will increase 75% over 2009.

Tim Koziol, CEO of GEM, said, “We are pleased that this sector of SCWW’s base business continues to grow. GEM is committed to providing the resources necessary to maximize SCWW’s opportunities in the Southern California marketplace.”

“SCWW services the oil and gas industry, domestic waste generators, and general industry,” said Doug Edwards, GEM Chief Strategy Officer and SCWW CEO. “We were initially established by several oil companies to service their needs and for almost 40 years that is all we did. Then for a period of a decade we abandoned that market in favor of domestic waste and general industry. In the past three years we have re-invested earnings to expand our capabilities to service all three sectors. The result has been very satisfying as both big and small oil operators increasingly find SCWW as the best solution to their non-hazardous wastewater disposal needs.”

Edwards explains, “The growth can be attributed to several factors, including a strong marketing presence, the rise in oil prices, vertical integration through the exclusive licensed use of PetroMax and environmental services, and improved processing capacities that enable trucks to be serviced quickly and safely. We have plans that will further extend our growth in the energy sector which we plan to announce this summer.”

Mr Koziol also added, “While California continues to suffer from the recent recession, SCWW’s business model of diversification and integration within the wastewater business sectors has enabled the company to not only weather the storm, but to emerge stronger than ever. Still, as California’s business outlook improves, we anticipate additional growth in domestic waste and general industry sectors.”

See disclaimer page; We have not position in GEVI.