LOS ANGELES, Aug. 16, 2010 (GLOBE NEWSWIRE) -- Green Globe International, Inc. (Pink Sheets:GGII), the worldwide owner of the Green Globe brand, has posted the company's consolidated financial information for the period ended June 30, 2010, at the OTC Markets website at www.otcmarkets.com. ; Green Globe has chosen the OTC Markets platform to disclose its financial information and by filing the quarterly report, the company will maintain its information disclosure status on the site.
The report includes a summary of the company's revenues and assets, including its ownership of the Green Globe brand, its investment in Village Green Global, Inc. and its participation in the partnership with Village Green and Greenopia to certify businesses in 20 U.S. cities.
Revenue streams that the company has outlined in recent months include environmental reporting, due to Green Globe's co-venture agreement with Village Green Global, Inc.; Green Globe certification services, through the company's ongoing licensing arrangement with Green Globe Certification; the Green Globe Index sustainability assessment program; and additional consulting and services delivered under the Green Globe brand.
"We are pleased to have the report from our last completed quarter posted to the OTC Markets website," said Steven R. Peacock, Managing Director and Chief Executive Officer of Green Globe International, Inc. "While the revenue streams that we have been focused on in the last quarter are not significantly represented in the report for this period, we do expect that they will begin to manifest themselves in the coming quarters."
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.
The company encourages all shareholders and others interested in following the progress of the Green Globe brand 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., through its 88% majority ownership in Green Globe, Ltd., a UK corporation, is the worldwide owner of the Green Globe brand, the recognized leader of sustainability certification and benchmarking programs, carbon footprint calculation and offset programs, and a broad range of consulting services. Green Globe International is an affiliate member of the United Nations World Tourism Organization and the World Travel & Tourism Council (WTTC), the business leaders' forum for the travel and tourism industry, is a major shareholder of Green Globe International. For more information on the company and its programs, please visit www.greenglobeint.com or call 888-528-0883.
The Green Globe International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6582
For information on Green Globe Certification, please visit www.greenglobe.com. To see sustainable travel options, please visit www.greenglobe.travel.
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.