Green Innovations Secures Reduced Cost Shipping Arrangement with CMA CGM Group

MIAMI, March 11, 2013 /PRNewswire/ -- 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" or "GHI"), has received a preferential services offer from CMA CGM Group, the world's third largest international container shipping group.  As the result of face-to-face meetings with CMA CGM representatives in China, GHI has negotiated preferential rates for transporting merchandise from China to North America.  This arrangement is effective immediately and is expected to dramatically reduce the cost of international shipping for all GHI products.

"We are very excited that our new arrangement with CGA GMA will provide us with substantial savings of up to 40% of the cost of transporting our goods to North America," stated Bruce Harmon, CEO of Green Innovations Ltd.  "This cost reduction can go directly to our bottom line and will definitely give us an extra edge on the competition, particularly as our sales volumes are expected to increase over time."

Founded in 1978, CMA CGM Group is the world's third largest container shipping group and number one in France.  CMA CGM is headquartered in Marseille, France with its North American headquarters located in Norfolk, Virginia.  CMA CGM operates on over 170 shipping lines out of over 650 offices and agencies in more than 150 countries.  Based on the listening skills, expertise and total commitment of its 17,000 staff members worldwide, CMA CGM offers efficient services and innovative products such as, for example, shipping lines dedicated to certain markets, eco-friendly bamboo-floor containers and information technology tools like the eco-calculator.

About Green Innovations Ltd.

Green Innovations Ltd., through its wholly-owned subsidiary Green Hygienics, Inc., 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 Company provides consumers the opportunity to enjoy high-quality and performance eco-friendly goods from dedicated experts that have been producing bamboo products for over a decade, along with the cost-benefit of local raw material manufacturing, and the satisfaction of knowing that by using these products they are doing their part to reduce their carbon footprint and to continue the movement towards a more healthy and sustainable planet. 

For further information regarding Green Innovations Ltd., contact:
Green Innovations Investor Relations
(866) 947-5567 (Toll-free)
E-mail: [email protected]
Website: www.greeninnovationsltd.com

Disclaimer

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 cost reductions and increasing sales volumes.  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.

SOURCE Green Innovations Ltd.

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