Green Globe International Inc (GGII)

[di4]

Green Globe International, Inc. Announces New License Agreement with Green Globe Asia Pacific
May 11, 2009 10:32:00 AM


Email Story Discuss on ZenoBank

View Additional Profiles

MURRIETA, Calif., May 11 /PRNewswire-FirstCall/ -- Green Globe International, Inc. (OTC Bulletin Board: GGLBE) announced today that Green Globe International, Inc. and Green Globe Limited, the worldwide owner of the Green Globe brand, have signed a new license agreement with Green Globe Asia Pacific (GGAP), a wholly owned subsidiary of EC3 Global.


The agreement provides GGAP a license to provide certification services under the Green Globe brand to the travel and tourism industry on an exclusive basis in the Asia Pacific region (excluding mainland China) and non-exclusive basis in countries outside that region and in mainland China.


GGAP has agreed to pay Green Globe Limited a license fee for the use of the Green Globe brand.


Bradley Cox, Chief Operating Officer of Green Globe International Inc., said, "As the green economy grows and the certification of sustainability becomes imperative for businesses and communities, this new agreement provides both organizations with an excellent foundation to carry out our important work in our designated territories."


Stewart Moore, CEO for EC3 Global, stated, "EC3 Global and GGAP are looking forward to continuing to provide customers worldwide with Green Globe certification underpinned by Earthcheck(TM) benchmarking, the world's leading environmental benchmarking and carbon measurement program covering 27 sectors within the travel and tourism sector. The Earthcheck(TM) benchmarking and certification process is exclusive to EC3 Global and GGAP."


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.


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 Green Globe International, Inc.

Green Globe International, Inc. is a major shareholder of Green Globe Limited, a British company that owns the Green Globe brand. 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.


About Green Globe Asia Pacific

Green Globe Asia Pacific Pty Ltd, is a wholly owned subsidiary of EC3 Global. EC3 Global is an internationally recognized environmental advisory group which is charged with the diffusion of research and technologies created by the Sustainable Tourism Cooperative Research Centre (STCRC), the world's largest dedicated, not for profit, research centre specializing in sustainable tourism. In taking leading edge university research and technology to global markets, EC3 Global has generated clients in over 60 countries worldwide, representing a broad scale of operations from specialist and boutique operations to global enterprises. Common clients' objectives include improving sustainable practices, supporting CSR & Triple Bottom Line strategies and addressing Climate Change. Please visit www.greenglobe.org for further information


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.



SOURCE Green Globe International, Inc.



----------------------------------------------
A. Beyer of Green Globe International
Inc.
[phone]
[e-mail]; or A. Russ of Green Globe Asia Pacific Pty Ltd
[phone]
[e-mail]