Green Innovations Subsidiary Has Executed a Supply & Distributorship Agreement With Laboratoire M2, Inc. for Concentrated Dis...
January 15 2014 - 8:00AM
Marketwired
Green Innovations Subsidiary Has Executed a Supply and
Distributorship Agreement With Laboratoire M2, Inc. for
Concentrated Disinfectant Solution
Green Hygienics, Inc. Will Utilize Disinfectant Solution for
Development of the First 100% EPA Approved Proprietary Natural
Disinfectant Wipe
CAPE CORAL, FL--(Marketwired - Jan 15, 2014) - 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 a Supply
and Distributorship Agreement with Laboratoire M2, Inc. ("M2
Labs"), a leading biosafety laboratory, to utilize their
proprietary concentrated disinfectant solution (Thymox® Technology,
www.thymox.com) to develop the first 100% EPA approved proprietary
natural disinfectant wipe. Additionally, the distributorship
will include their proprietary 100% EPA approved natural liquid
surface cleaner.
"Preliminary results achieved in performance tests conducted
with the active botanical compounds in this proprietary natural
disinfectant indicate a very positive fit with our biodegradable
and bamboo fiber technology materials," stated Philip Rundle, CEO
of Green Innovations. "We are confident that the final product
testing will be conclusive by combining their EPA approved active
in our wipes for potential resale to the general consumer and
healthcare sectors."
The potential of this EPA approved natural disinfectant product
additive combined with our materials will make our proprietary
wipes the only 100% natural disinfectant biodegradable wipe that
with kill claims on bacteria under 3 minutes making it "hospital
grade" therefore a breakthrough in the industry.
About Green Innovations Ltd.
Green Innovations Ltd., through its wholly-owned subsidiary,
Green Hygienics, Inc. (http://www.greenhygienics.com), 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 marketplace for tissue
paper products, diapers, wet wipes, feminine care products, and
adult care products, is in excess of $29 billion annually in the
United States. The Company is committed to providing consumers with
quality products that are designed and manufactured to the highest
standards in FDA-accepted manufacturing facilities without
compromising product performance. Green Innovations is a member of
the International Green Energy Council (IGEC) and dedicated to
ensuring a more healthy and sustainable planet.
Safe Harbor Statement 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
future potential purchase sales. 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 on this 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.
Investor Contact: Mike Bowdoin RedChip Companies, Inc. Tel:
+1-800-733-2447, ext. 110 mike@redchip.com
http://www.redchip.com