JUPITER, FL--(MARKET WIRE)--Sep 29, 2008 -- GelTech Solutions, Inc. (OTC BB:GLTC.OB - News) announces today that it has entered into a one-year unsecured Revolving Line of Credit Agreement permitting GelTech to borrow up to $1 million for working capital.

The line of credit was obtained to have the funds available to support expected revenue growth without any dilution to shareholders. The loan carries a 10% per annum interest rate on the principal amount of the advances and matures on September 29, 2009.

Michael Cordani, CEO, GelTech Solutions, stated, "We have been aggressively pursuing a number of significant customers and we want to make sure we are prepared should any of them choose to place a large order."

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About GelTech:

GelTech Solutions' creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires and other dangers. GelTech's dedication to finding global answers to common problems touches its current products and its development pipeline of new and promising innovations.

GelTech markets and sells innovative proprietary products including:

* FireIce®, a patented powder fire suppressant that extinguishes fires, including wildfires; and

* RootGel(TM), a solution to today's drought challenges. RootGel(TM) is a moisture-retentive soil conditioner that decreases the need for water. RootGel(TM) is ideal for golf courses, lawns, tree and sod farms, and nurseries.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including expected revenue growth and anticipated large orders from customers. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include whether customers perceive that GelTech's products offer benefits and cost savings not available from competitors' products, continuation of wildfires in Western states and elsewhere and continuation of drought conditions. Further information on GelTech's products and risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-KSB for the year ended June 30, 2008 to be filed on September 29, 2008. GelTech does not undertake any duty nor does it intend to update the results of these forward-looking statements.

For more information on GelTech Solutions, Inc. please visit http://www.geltechsolutions.com.

     Investor Relations:
     Gerald Kieft or Ryan Audin
     Wall Street Resources, Inc.
     Phone: 772-219-7525
     GeltechIR@WallStreetResources.net
     http://www.wallstreetresources.net/