LOS ANGELES, May 26, 2010 (GLOBE NEWSWIRE) -- Green Globe International, Inc. (Pink Sheets:GGII), the worldwide owner of the Green Globe brand, today announced a corporate advisory services agreement with FiscallyGreenSM, a division of Stonefield Josephson, Inc. FiscallyGreenSM advises companies as they navigate through rapidly changing federal, state and local environmental regulations while applying strategic processes designed to benefit the wellbeing of our planet and ensure the preservation of their finances. The agreement encompasses, but is not limited to, accounting, strategic planning, mergers & acquisitions and capital formation services that Stonefield Josephson may provide.
Stonefield Josephson is an internationally recognized certified public accounting firm, and through FiscallyGreenSM, offers expert solutions to assist any company with the complexities and opportunities of the American Recovery and Reinvestment Act of 2009. FiscallyGreenSM consults in a variety of specialized areas including, tax equity transactions and financing, new SEC Climate Change Disclosure policies, and sustainability auditing and consulting. These unique services make it possible for all companies to capitalize on these gainful opportunities.FiscallyGreenSM is the answer to connecting people, planet and profit.
More information on FiscallyGreenSM can be found at www.sjaccounting.com/FiscallyGreen.
"Stonefield Josephson is an extremely well-regarded firm and its FiscallyGreenSM program values the same core ideals contained in the Green Globe sustainability standards," said Steven R. Peacock, CEO and Managing Director of Green Globe International. "We believe that there are a variety of areas of potential collaboration with Stonefield Josephson, and we look forward to exploring all of these opportunities under the scope of the corporate advisory services agreement."
Jeff Garrison, Director of FiscallyGreenSM, commented, "I believe our clients' financial strength is the foundation necessary to create social benefits such as jobs, workplaces that foster learning and creativity, community service, and sustainable programs that help our planet. Our relationship with Green Globe allows both parties to use our combined expertise and experience to offer all companies a vital sustainability element while enhancing profitability."
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 Stonefield Josephson, Inc.
Stonefield Josephson (www.sjaccounting.com) is a leading California-based certified public accounting firm founded in 1975. The full-service firm services public and privately held clients throughout the United States and international from their offices in Los Angeles, Orange County, San Diego, San Francisco, Walnut Creek and Hong Kong.
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 programs, 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 and its programs, please visit www.greenglobeint.com.
For information on Green Globe Certification, please visit www.greenglobe.com. To see sustainable travel options, please visit www.greenglobe.travel.
Green Globe services in the Asia Pacific are distributed, managed and sold exclusively by Green Globe Asia Pacific (GGAP) through EC3 Global. If you would like further information on GGAP, please visit www.greenglobe.org.
The Green Globe International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6582
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.