MIAMI, March 11, 2013 - Green Innovations Ltd. (OTCQB: GNIN) (OTCBB: GNIN) ("Green Innovations" or the "Company") is pleased to announce that its wholly-owned subsidiary, Green Hygienics, Inc. ("Green Hygienics" or "GHI"), has received a preferential services offer from CMA CGM Group, the world's third largest international container shipping group. As the result of face-to-face meetings with CMA CGM representatives in China, GHI has negotiated preferential rates for transporting merchandise from China to North America. This arrangement is effective immediately and is expected to dramatically reduce the cost of international shipping for all GHI products.
"We are very excited that our new arrangement with CGA GMA will provide us with substantial savings of up to 40% of the cost of transporting our goods to North America," stated Bruce Harmon , CEO of Green Innovations Ltd. "This cost reduction can go directly to our bottom line and will definitely give us an extra edge on the competition, particularly as our sales volumes are expected to increase over time."
Founded in 1978, CMA CGM Group is the world's third largest container shipping group and number one in France. CMA CGM is headquartered in Marseille, France with its North American headquarters located in Norfolk, Virginia. CMA CGM operates on over 170 shipping lines out of over 650 offices and agencies in more than 150 countries. Based on the listening skills, expertise and total commitment of its 17,000 staff members worldwide, CMA CGM offers efficient services and innovative products such as, for example, shipping lines dedicated to certain markets, eco-friendly bamboo-floor containers and information technology tools like the eco-calculator.
About Green Innovations Ltd.
Green Innovations Ltd., through its wholly-owned subsidiary Green Hygienics, Inc., is the exclusive licensed North American distributor of American Hygienics Corporation's 100% tree-free bamboo-based product line, including personal care and paper-based goods. The Company provides consumers the opportunity to enjoy high-quality and performance eco-friendly goods from dedicated experts that have been producing bamboo products for over a decade, along with the cost-benefit of local raw material manufacturing, and the satisfaction of knowing that by using these products they are doing their part to reduce their carbon footprint and to continue the movement towards a more healthy and sustainable planet.
For further information regarding Green Innovations Ltd., contact:
Green Innovations Investor Relations
(866) 947-5567 (Toll-free)
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SOURCE Green Innovations Ltd.