Press Release - - Green Globe International, Inc.Strategic Partnership Agreement

Source: Green Globe International, Inc.

Green Globe International, Inc. Announces Strategic Partnership Agreement with Ship & Shore Environmental, Inc.

Issued Tuesday, April 21, 10:08 am ET

MURRIETA, CA--(PR NEWSWIRE)--Apr. 21, 2009--Green Globe International, Inc. (OTCBB: GGLBE), the worldwide owner of the Green Globe brand, today announced a strategic partnership agreement with Ship & Shore Environmental, Inc., which provides customized environmental solutions to green businesses in a variety of industries, to collaborate on projectsinvolving the Green Globe brand and its sustainability programs.
To see lists of customers and industries served by Ship & Shore Environmental, Inc., please visit http://www.shipandshore.com/customers.html.

Green Globe International Chief Operating Officer Bradley Cox said, “This is a timely partnership given the U.S. administration’s official declaration on the imminent dangers of greenhouse gases (GHG) and the government’s mobilization to drastically reduce these emissions.

“Ship and Shore’s Green Energy Industrial Solutions will provide Green Globe clients with expertise on making significant reductions in GHG emissions, while lowering energy consumption. Furthermore, Green Globe clients who choose to reduce GHG may qualify for significant financial subsidies and, in some cases, be able to produce credits under current carbon trading regimes,” he added.

Green Globe International will work with Ship & Shore Environmental and businesses referred by the company to introduce Green Globe’s web-based Index and Certification tools. These industry leading online tools rank and certify the sustainability of business as well as measure their environmental performance over time.

In addition, Green Globe International will seek to recommend Ship & Shore Environmental’s technologies to reduce greenhouse gases and carry out surveys to estimate energy savings to existing and future customers looking to achieve efficiency gains. Ship & Shore Environmental Inc. also offers technical expertise that may be delivered as consultancies under green business programs planned for U.S. cities as well as international tourism destinations.

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.

Current Green Globe programs managed by the company and its affiliates include the world leading certification program (www.greenglobecertification.com) and the Green Globe Index tool, which allows clients to calculate their CO2e footprint, the financial cost of that CO2e, and to track their performance of energy and water consumption and non-recyclable waste production.

Green Globe International encourages all shareholders and others interested in following the progress of the company to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.

About Ship & Shore Environmental, Inc.
Ship & Shore Environmental, Inc. is a multi-disciplined engineering firm with mechanical, structural, chemical, and electrical engineers that have in-depth process knowledge and expertise. This foundation allows them to custom design superior, innovative, efficient and reliable systems for their clients, which provide solutions to environmental issues. Due to economic demands on businesses to reduce operational costs while meeting the ever-increasing environmental restrictions, Ship & Shore Environmental has utilized its knowledge and experience to develop a line of products and services to meet these needs. Capitalizing on their experience while helping clients implement a variety of energy reduction strategies that may include alternative energy sources not only provides a positive payback to a clients bottom line, but also reduces carbon footprint, i.e. greenhouse gases emissions.

The market and environmental demands have been the driving force behind formation of Ship & Shore Environmental, Inc.’s new business venture known as “Green Energy Industrial Solutions.” Their primary focus is to facilitate comprehensive study and application of innovative designs for both industrial and commercial operations that result in “green solutions.” These cutting edge energy technologies are implemented by our project managers who work closely with our engineers, fabricators, technicians and installers, providing the customer with one source of contact from design to fulfillment.

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 program, 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, 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 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.

Contacts:

For Green Globe International, Inc.
A. Beyer
Tel: +1 951 677 8073
investors@greenglobeint.com

 

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