Green Globe International, Inc. (OTC: GGII) today announced that it is taking the first steps to effect a change in the name of the public company to reflect its expanded focus and environmental certification programs operated at the subsidiary level.

A Board resolution detailing the name change will be submitted to the Division of Corporations in Delaware, where the company incorporated, as well as a Certificate of Amendment and any additional required documentation. Once the company receives the stamped copy of the Certificate of Amendment from the state, all documentation, including an Issuer Company-Related Action Notification Form, will be submitted to Financial Industry Regulatory Authority (FINRA), which regulates securities firms doing business in the United States. The company also expects to request a symbol change to reflect its new name.

The name change is being undertaken to more accurately reflect the company’s current focus, specifically the repositioning and assignment of its licensing agreements with its two certification licensees to its subsidiary, Green Globe Limited, a UK corporation and the owner of the trademark rights to the Green Globe name and logo, as well as the anticipated acquisition of Planet Positive International, LLC, the owner of the Planet Positive environmental accreditation program.

“We are moving forward with the planned name change, which will result in a re-branded public company with 88% ownership in Green Globe Ltd and the contemplated acquisition of Planet Positive Invenational, both entities with existing revenues,” said Green Globe International Managing Director and CEO Steven R. Peacock. “This structure will allow the public company to provide support for the growth of each of the brands that will not compete with like products in the same markets. This will broaden the range of the public company’s products and services globally and bring increased revenues and greater shareholder value.”

The company has entered into a Letter of Intent with Planet Positive International, LLC, which outlines an anticipated acquisition of 100% of the issued and outstanding capital of Planet Positive International in a share exchange transaction. Planet Positive is an international environmental certification for businesses, products, buildings, events and people. Detailed information on Planet Positive International, its management team and current clients can be found at http://www.beplanetpositive.com/.

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About Green Globe International, Inc.

Green Globe International, Inc., through its 88% majority ownership in Green Globe, Ltd., a UK corporation, is the owner of the Green Globe brand, the recognized leader of sustainability certification and benchmarking programs. The company is structured as a holding company and expects to continue to acquire environmentally oriented companies that add value to the public company and its shareholders. For more information please visit www.greenglobeint.com.

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 all forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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