Green Innovations Ltd. Signs Exclusive Canadian Distribution
Agreement
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:
- Biodegradable diapers of 100% bamboo pulp
- Female Sanitary Pads made from bamboo pulp
- Panty Liners made from bamboo pulp
- TCF free bamboo pulp based plates and cups
- Produce platters and absorbents made from bamboo pulp
- Nursing pads made from bamboo pulp
- Under arm absorbing pads made from bamboo pulp
- Dryer sheet pads made from bamboo viscous fiber
- Diverse 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.