Green Globe International, Inc. Announces Intention to Expand International Territories Licensed to Certification Partner
August 04 2010 - 9:58AM
Green Globe International, Inc. (Pink Sheets:GGII), the worldwide
owner of the Green Globe brand, today announced its intention to
expand the non-exclusive license for its certification partner,
Green Globe Certification, which is represented in over 83
countries, to include additional territories around the world.
"Since we first granted Green Globe Certification its license to
represent the brand through its certification program in specified
territories around the world, it has made significant progress in
advancing the brand in those regions," said Steven R. Peacock,
Managing Director and Chief Executive Officer of Green Globe
International. "For a variety of reasons, we now believe it is
the time to modify Green Globe Certification's non-exclusive
license to include additional areas. We expect to have the
modified agreement in place very shortly and will announce the
specifics at that time.
"Green Globe International's core focus is to expand the use of
the Green Globe brand in revenue generating sustainability
applications around the world, and this planned modification is
consistent with that focus. All of our licensees must maintain
their adherence to the Green Globe Standards, which are among the
most respected sustainability standards in use
today. Licensees must also meet certain performance standards
with respect to the advancement of the brand, and we believe that
this is another area in which Green Globe Certification has made
progress since entering into its licensing agreement.
"This modification is a tribute to the hard work of the Green
Globe Certification team, and we look forward to the additional
expansion of this certification program in markets worldwide," Mr.
Peacock added.
Green Globe International has recently commented on several new
milestones reached by Green Globe Certification, including the
first hotel in the country of Oman to be certified. For
additional information on Green Globe and its programs, please
visit www.greenglobeint.com.
The Green Globe brand and program, which traces its roots back
to the United Nations Rio de Janeiro Earth Summit in 1992, where
182 Heads of State endorsed the Agenda 21 principles of Sustainable
Development, has primarily been used in the travel and tourism
industry but is now being expanded to include a growing number of
environmentally responsible businesses in a variety of market
sectors. The Green Globe brand is an ideal symbol for the world's
increasing awareness of environmental responsibility and response
to global climate change.
The company encourages all shareholders and others interested in
following the progress of the Green Globe brand to subscribe to
receive email alerts whenever new information is made
public. To subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc.
Green Globe International, Inc. is the worldwide owner of the
Green Globe brand, which includes the leading sustainability
certification and benchmarking programs, carbon footprint
calculation and offset programs, and a broad range of consulting
services. Green Globe International has been
admitted as an affiliate member of the United Nations World Tourism
Organization. The World Travel & Tourism Council (WTTC),
the business leaders' forum for the travel and tourism industry, is
a 5% common stock owner of Green Globe International. For more
information on the company and its programs, please visit
www.greenglobeint.com.
The Green Globe International, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6582
For information on Green Globe Certification, please visit
www.greenglobe.com. To see sustainable travel options, please
visit www.greenglobe.travel.
Green Globe services in the Asia Pacific are distributed,
managed and sold exclusively by Green Globe Asia Pacific (GGAP)
through EC3 Global. If you would like further information on
GGAP, please visit www.greenglobe.org.
Safe Harbor Statement
This release contains forward-looking statements with respect to
the results of operations and business of Green Globe
International, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
CONTACT: Green Globe International, Inc.
Public Relations and Communications
888-528-0883
corporate@greenglobeint.com
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