GelTech's FireIce Shield CTP for Communication Tower Protection Enters Early Stages of Adoption

JUPITER, FL / ACCESSWIRE / October 31, 2017 / GelTech Solutions, Inc. GLTC, an innovator in the use of environmentally-friendly polymers for fire suppression and protection, today announced that the Company is beginning to experience increased interest and demand for its FireIce Shield CTP system and FireIce Shield gel by contractors that perform modifications for companies that own communication towers. The FireIce Shield CTP system and gel is a product created by GelTech Solutions, Inc., specifically for the communication tower industry, and is designed to protect the tower, sensitive communication equipment, wiring and the property and landscaping in close proximity to a communication tower from the heat, flame and sparks associated with welding and cutting performed during tower modification. Sabre Industries, Inc., an industry leader in utility and communication tower design, construction and modification, has issued a directive to its contractors that perform modifications to communication towers to begin using FireIce Shield CTP on hot work jobs in the Southeast United States beginning October 1, 2017 and nationwide beginning December 1, 2017, as part of a safety initiative.

"We have experienced increased interest in the use of the FireIce Shield CTP System and product by contractors as a result of our two-year collaboration with a large communication tower owner and its contractors," stated Dan Simon, GelTech's chief operating officer. "Sabre's decision to require it's contractors to use the FireIce Shield CTP System and FireIce Shield CTP gel on specific communication tower modification projects will contribute to sales growth for GelTech in this sector."

The FireIce Shield CTP system is a specialty mixing and deployment system designed to apply FireIce Shield gel on communication towers during cutting, grinding, welding and firewatch. FireIce Shield CTP gel is a proprietary formula that minimizes damage caused by welding sparks, fire and slag.

About Sabre

Sabre Industries, Inc. provides highly-engineered support structures used in electric transmission and distribution, wireless communications, renewable energy, and government infrastructure. In addition, we offer a variety of value-added services that are critical to the development, expansion and maintenance of both power delivery systems and wireless communication networks.

About GelTech Solutions, Inc.

Founded by inventor and chief technology officer Peter Cordani, GelTech Solutions is a leading provider of innovative, environmentally friendly and cost-effective products that help government agencies, industry, agriculture and the public achieve goals such as water conservation and protecting lives, homes and property from fires. GelTech's products include FireIce, a non-corrosive polymer that when hydrated produces a water-based suppressant to extinguish fires and a retardant to protect assets and property; Soil2O Dust Control products that reduce airborne particulate matter with minimal environmental impact; and GT-W14, an advanced absorbency technology to control fluid spills of all sizes, turning liquids into solid waste for easier and safer disposal. For more information on GelTech, please visit www.geltechsolutions.com.

For more information about GelTech, please visit www.GelTechSolutions.com

For more information about FireIce, please visit www.FireIce.com

For Investor Relations, please contact:

Michael Porter
Porter, LeVay & Rose
212-564-4700
michael@plrinvest.com

For media or product inquiries, please contact:

Paul Christle, Director of Media and Communications
GelTech Solutions, Inc.
800-924-4874
pchristle@geltechsolutions.com

Cautionary Note Regarding Forward Looking Statements

This memorandum contains forward-looking statements including statements regarding sales growth and anticipated benefits of Sabre's directive. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. Forward-looking statements are based on our current expectations and assumptions regarding our business and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the failure of contractors to abide by the Sabre directive and Sabre not enforcing the directive or changing the decision to have the directive, and a long delay in generating revenue from this directive. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: GelTech Solutions, Inc.