GMND Licenses Bi-Agra Technology to C.Trade-Bard for Worldwide Manufacturing & Distribution

CARLSBAD, Calif. – December 3, 2012 - Green
Mountain Development Corp (Pinksheet:
GMND), announced today that GMND has signed a licensing agreement with C. Trade-BARD,
Inc. (CTB) for the manufacturing & international distribution of Bi-Agra™
products. CTB plans to manufacture the products in its Pennsylvania facility,
develop an international marketing strategy and distribute the products in
multiple countries. The license
agreement is for a term of fifteen years and calls for gross revenue royalty
fees for the term of the contract. Both companies look forward to the
successful deployment of the Bi-Agra™ products which have demonstrated
increased yields for many food and fuel crops.

C.Trade-BARD,
Inc. has an extensive scientific research facility and also manufacturing sites
in Pennsylvania, Georgia and Texas and currently concentrates its business
efforts on algae based products including bio-fuels. CTB provides manufacturing capacity and an
international distribution infrastructure for Bi-Agra™ products, allowing GMND to
extend the Bi-Agra™ products worldwide with high quality control, good value
and excellent customer service.

Surajit
Khanna, Founder of BARD states, “The Bi-Agra™ product is a bacteria based,
plant enhancement product and fits perfectly with our expertise in algae based
research, manufacturing and distribution of products such as Astaxanthin, spirulina and
certain bio-fuel strains. The Bi-Agra™ product utilizes a CO2 based production process
similar to other algae products that we manufacture.”

About Green Mountain Development Corp

Green Mountain
Development Corp provides project development services for capital providers
and technology operators and distributes licensed products related to the
energy, agricultural and environmental sectors.

About C. Trade-BARD, Inc.

C. Trade-Bard
manufacturers and distributes algae based products, including bio-fuels, and has an extensive scientific research facility
and also manufacturing sites in Pennsylvania, Georgia and Texas.

About C.
Trade Group

C. Trade Group, Nick Kontonicolas, President
and Affiliates have interests in energy exploration and logistics, real estate,
transportation and technology with affiliated offices in New York, Shanghai,
California, Calgary, Athens, Jinzhou, China and Abu Dhabi. Mr. Kontonicolas can be contacted at +1 917
297-5571 or at ctradeusa@juno.com

Investors and
media contact Robert Brehm at 619/488-3744 (bob@greenbizness.com) or visit the
corporate website www.GreenBizness.com
for news and updates.

The information contained in this press release
includes forward-looking statements. Forward-looking statements usually contain
the words "estimate," "anticipate," "believe,"
"expect" or similar expressions that involve risks and uncertainties.
These risks and uncertainties include the company's
status as a development stage company with uncertain profitability, need for
significant capital, uncertainty concerning market acceptance of its products,
competition, limited service and manufacturing facilities, dependence on technological
developments and protection of its intellectual property. The company's actual results could differ materially from those
discussed herein.