Green Innovations Ltd. Receives Milestone Wholesale Order for Nationwide Distribution across Canada
MIAMI, Dec. 21, 2012 /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"), has received an initial wholesale purchase order from Avanti Distribution ("Avanti"), the Company's exclusive Canadian distributor. The wholesale purchase order for high quality baby wipes originated from one of Canada's largest retailers with well over 500 locations across the country.
"We are very excited that Avanti has secured nationwide distribution for our baby wipe products through one of Canada's most recognizable and dynamic retailers," stated Bruce Harmon, CEO of Green Innovations. "It is our hope that this is the foundation of a growing relationship and expanding distribution channel for our complete wide range of eco-friendly and price efficient products that allow retailers and consumers to greatly reduce the intensity of their global carbon footprint without sacrificing quality or safety."
In addition to several different baby wipe products, Avanti also intends to distribute a wide variety of other eco-friendly personal care and paper-based products offered by Green Hygienics, including bamboo-based biodegradable diapers, female sanitary products, nursing pads, single-use plates/cups/produce platters, dryer sheets, and 100% tree-free stationary.
"Global demand for eco-friendly 100% tree-free products is expected to continue to grow rapidly over the next few years and we feel that Green Hygienics and Avanti are uniquely positioned to meet that potential demand in Canada," stated Avanti Distribution's Jean-Michel Fitamant. "Based on our experience in the Canadian marketplace, we expect that this single product order represents only the first of many orders from our national, regional, and local retailer clients that will eventually carry several Green Hygienics sourced products. We look forward to working closely with our established clients to increase awareness and sales of green Hygienics products across the country."
Further Green Hygienics product distribution related announcements are expected as purchase orders and agreements are completed.
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.
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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 from the Company and Avanti regarding the intent to distribute more of the Company's products and for future orders and distributions to the same retail chain involved in the current transaction. The user 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 user 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 user 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.