RANCHO SANTA MARGARITA, Calif., Sept. 4, 2012 -- Green Bridge Industries, Inc. (OTC PK: GRBG) announced today that it has entered into a Letter of Intent with Ionlite, Inc., a California Corporation (http://www.ionlite.com), with offices in Valencia, California, which is involved in the development, manufacture and distribution of small Ionic Air Purifier products for the household, workplace, and automobiles.
Mike Roth, President of Green Bridge Industries, said, "This a promising opportunity for GRBG to take on a new partner and the great products that Ionlite offers. The potential merger allows us to add an extremely marketable and low cost product line that will hopefully bring success and significant revenues to the company, GRBG. We expect to reach an agreement soon with Ionlite."
Bill Kinsey, President of Ionlite, added, "We welcome the opportunity to join forces with Green Bridge Industries, which we hope will enhance the sales growth of both companies. We are looking forward to forming a productive and rewarding relationship with GRBG."
About Green Bridge Industries, Inc.
Green Bridge Industries, Inc. helps market and distribute, non-toxic cleaning products for both consumer and commercial use. We are looking to expand our product lines in other areas as well as other businesses geared towards "green" energy and environmentally-safe solutions.
Contact – GRBG
22431 Antonio Parkway #B160-649
Rancho Santa Margarita, Ca 92688
About Ionlite, Inc.
Ionlite, Inc. has developed a proven product line that cleans and purifies the air. Utilizing negative ion technology particles such as pollen, dust, smoke, pet dander, dead skin and any particulates resulting from air pollution are removed leaving fresh air to breathe. Bacteria such as E. coli and odors are also eliminated. Ionlite has developed products for the home, office and travelers so you can take fresh air wherever you go. There is also a "Pet Odor Eliminator" product line that addresses the lucrative pet market.
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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.
SOURCE Green Bridge Industries, Inc.