Green Bridge Industries, Inc. in Final Stages of Signing Licensing Agreement With Wowgreen International, LLC

^{Published on 2009-12-23 13:15:10 - Market Wire}
 

Green Bridge Industries, Inc. in Final Stages of Signing Licensing Agreement

Green Bridge Industries, Inc. in Final Stages of Signing Licensing Agreement With Wowgreen International, LLC

SARANAC, Mich., Dec. 23 /PRNewswire-FirstCall/ -- Green Bridge Industries, Inc. (Pink Sheets: GRBG) is pleased to announce that the Company is in the final stages of signing a licensing agreement with Wowgreen International, LLC. Through this agreement the Company plans to produce and distribute Wowgreen's non-enzyme based, 2nd generation products. Wowgreen currently has twelve safe, effective, all-natural cleaning products which include laundry detergent, dishwasher detergent, and hand dish soap, amongst others. In addition, due to the holidays, Wowgreen International, LLC plans on finalizing the acquisition of the Company the first week of January, 2010.

Wowgreen International, LLC is the provider of safe, green household cleaners that are sold and distributed to consumers through a channel of independent distributors. The company's mission is to free the world of toxic chemicals, one household at a time. Wowgreen's products are manufactured from a proprietary blend of surfactants that provide a safe, effective and all natural cleaning solution for every household need.

"We are excited about the immediate sales potential the addition of this product brings to the Company," stated William White, Chairman and CEO of Green Bridge Industries, Inc.

The Company recently announced that Wowgreen International, LLC had signed a binding letter of intent with Green Bridge Industries to acquire majority control of the Company for an undisclosed amount, which is to be paid in a combination of cash and stock over time.

For more information about Wowgreen International, LLC, please visit: [ www.wowgreen.net ].

About Green Bridge Industries, Inc.:

Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: [ www.greenbridgeindustries.com ].

Safe Harbor Act:

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

 Contacts: Green Bridge Industries, Inc. www.greenbridgeindustries.com Investor Relations 407-389-5900 

SOURCE Green Bridge Industries, Inc.