LOS ANGELES, July 6, 2010 (GLOBE NEWSWIRE) -- Green Globe International, Inc. (Pink Sheets:GGII), the worldwide owner of the Green Globe brand, today announced the release of the July 2010 edition of the company's shareholder newsletter, which features a wide-ranging interview with Doug Smith, director of Green Globe International and CEO of Village Green Global, Inc. Green Globe and Village Green Global have recently strengthened their affiliation with the appointment of Mr. Smith to the Green Globe Board of Directors and by the signing of a co-venture agreement under which Green Globe's Baseline Standard will be imbedded into Village Green's SMARTweb® environmental auditing tool.
The July 2010 Green Globe newsletter has been added to the company's website at http://www.greenglobeint.com/articles/1, and a notice of the newsletter's release will be distributed to subscribers of the company's website-based mailing list.
In his interview, Mr. Smith addresses the motivation behind the company's expansion into the U.S. market, its accomplishments since it expanded, the changes Mr. Smith has observed in the green business landscape since Village Green first began looking into the United States as a commercial market, how Village Green's products and solutions deliver cost savings for its clients, the co-venture agreement with Green Globe, and the potential financial impact for Green Globe as a result of the co-venture agreement, both in the U.S, and abroad, where the Green Globe Baseline Standard will be utilized in each SMARTweb environmental audit report.
Mr. Smith states in the interview, "The level of awareness to environmental improvements, reporting and the need for cost savings in business has increased dramatically in the U.S. over the past 2 years. Going forward, I see the U.S. markets becoming more sophisticated with the expansion of carbon based projects and the need for clear direction and understanding of environmental reporting and the ultimate need for independent certification. Village Green and Green Globe are well positioned to lead in these emerging markets globally."
Mr. Smith was a featured speaker at the TechConnect World 2010 Conferences and Expo, held from June 21-24 in Anaheim, California. The title of his talk was "Greenhouse Gas Emissions Reporting through Integrated Business Solutions." TechConnect World drew over 5,000 attendees from over 70 countries, across major industry segments and along the technology path from research to implementation in nanotechnology, clean technology, microtech, and life sciences.
The newsletter also highlights a recently announced Green Globe joint venture with Village Green and Greenopia, who utilizes an eco-analysis method to provide a local guide to green living for most major U.S. cities, and Village Green Global, Inc. Village Green and Green Globe International will provide market-leading green business services and technology solutions to the 25,000 small/medium business customers of Greenopia, so that they can maximize their sustainability.
Green Globe International Managing Director and Chief Executive Officer, Steven R. Peacock, commented, "Doug Smith's interview is the focal point of this month's newsletter as he unfolds the exciting financial story behind the Co-Venture Agreement between Green Globe and Village Green. I encourage all of our shareholders and interested parties to read Doug's comments as they unveil a strong revenue model for Green Globe going forward."
An announcement by Green Globe's branded certification program regarding a partnership with Limousine Environmental Action Partners, LLC (LEAP), which has developed the first certification program of its kind for the ground transportation/limousine industry, is also included in the newsletter. Green Globe Certification announced that it will include LEAP's certification system as part of the transport sector standard. Together, LEAP and Green Globe Certification now offer a complete sustainability solution for owners and operators of ground transport.
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. 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.