Breaking News

Tweet TWEET

Green Innovations Ltd. Signs Exclusive Canadian Distribution Agreement

    Green Innovations Ltd. Signs Exclusive Canadian Distribution Agreement

PR Newswire

MIAMI, Dec. 4, 2012

MIAMI, Dec. 4, 2012 /PRNewswire/ -- Green Innovations Ltd. (OTCQB: GNIN)
(OTCBB: GNIN) ("Green Innovations" or the "Company") is pleased to announce
that its wholly-owned subsidiary, Green Hygienics, Inc. ("Green Hygienics"),
has executed an exclusive distribution agreement (the "Agreement") with Avanti
Distribution ("Avanti"), a Quebec, Canada based company. Under terms of the
Agreement, Avanti will be the sole distributor of various Green Hygienics 100%
tree-free bamboo-based products and traditional non-green products in the
Canadian market.

"Expanding our distribution network into new territories is a significant
component of our aggressive growth strategy and overall corporate mission,"
stated Mr. Bruce Harmon, CEO of Green Innovations. "Joining forces with
Avanti Distribution should accelerate the roll-out of our complete line of
Green Hygienics products across Canada and potentially introduce the entire
country to our 100% tree-free bamboo-based products."

The Agreement specifically lists the following products available for initial
distribution, although additional products can be added at any time by mutual
consent:

  oBiodegradable diapers of 100% bamboo pulp
  oFemale Sanitary Pads made from bamboo pulp
  oPanty Liners made from bamboo pulp
  oTCF free bamboo pulp based plates and cups
  oProduce platters and absorbents made from bamboo pulp
  oNursing pads made from bamboo pulp
  oUnder arm absorbing pads made from bamboo pulp
  oDryer sheet pads made from bamboo viscous fiber
  oDiverse stationary 100% tree-free

Avanti Distribution is a Quebec, Canada based company focused on introducing
new products in the traditional marketplace and in the vending industry in
Canada and United States through local, regional and national distributors.
Avanti has relevant experience and achieved successful results in R&D and new
product launches in the United Kingdom (ASDA), Canada (Loblaws, Sobeys, Metro,
Safeway, vending companies), USA (Kraft and major vending companies such as
Canteen USA, ACV Vending, VendaAmerica, Compass Group, Vending Service), and
Mexico (Gamesa-Frito Lay, Bimbo Marinela).

About Green Innovations Ltd.

Green Innovations Ltd., through its wholly-owned subsidiary Green Hygienics,
Inc., is the exclusive licensed North American distributor of American
Hygienics Corporation's 100% tree-free bamboo-based product line, including
personal care and paper-based goods. The Company provides consumers the
opportunity to enjoy high-quality and performance eco-friendly goods from
dedicated experts that have been producing bamboo products for over a decade,
along with the cost-benefit of local raw material manufacturing, and the
satisfaction of knowing that by using these products they are doing their part
to reduce their carbon footprint and to continue the movement towards a more
healthy and sustainable planet.

For further information regarding Green Innovations Ltd., contact:

Green Innovations Investor Relations
(866) 947-5567 (Toll-free)
E-mail: investor@greeninnovationsltd.com
Website: www.greeninnovationsltd.com

Forward-Looking Statements

This press release contains "forward-looking statements". Statements in this
press release which are not purely historical are forward-looking statements
and include any statements regarding beliefs, plans, expectations or
intentions regarding the future, and specifically references to rolling out
the Company's product lines in Canada and distributing them throughout the
entire country The reader can identify these forward-looking statements by
forward-looking words such as "may," "will," "expect," "potential,"
"anticipate," "forecast," "believe," "estimate," "project," "plan," "continue"
or similar words. The reader should read statements that contain these words
carefully because they discuss future expectations, contain projections of
future results of operations or of financial condition, or state other
forward-looking information. Forward-looking statements include, but are not
limited to, statements regarding potential products, customers, revenues,
expansion efforts, and future plans and objectives of Green Innovations Ltd.
("Green Innovations"). The risk factors listed in our disclosure documents
and the cautionary language in this press release/website provide examples of
risks, uncertainties and events that may cause actual results to differ
materially from the expectations and projections described by Green
Innovations in its forward-looking statements. Actual results relating to,
among other things, product launch, sales, customer acceptance and market
share could differ materially from those currently anticipated in such
statements. Factors affecting forward-looking statements include: consumer
preferences, competition from more established brands, ability to develop
market share; changes in the operating costs; changes in economic conditions,
foreign exchange and other financial markets; changes of the interest rates on
borrowings; hedging activities that Green Innovations develops or produces;
changes in the investments levels; litigation; legislation; environmental,
judicial, regulatory, political and competitive developments in areas in which
Green Innovations operates; technological, mechanical and operational
difficulties encountered in connection with Green Innovations' development
activities; and labor relation matters and costs. The reader should refer to
the risk disclosures set out in the periodic reports and other disclosure
documents filed by Green Innovations from time to time with the Securities and
Exchange Commission and other regulatory authorities.

SOURCE Green Innovations Ltd.

Website: http://www.greeninnovationsltd.com
 
Press spacebar to pause and continue. Press esc to stop.