MIAMI, FL -- (Marketwired) -- 07/08/13 -- 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"), has received eleven (11) purchase orders from Grocery Outlet, Inc. ("Grocery Outlet"), the largest extreme-value grocery retailer in the United States. Grocery Outlet locations include nearly 200 independently operated stores in Arizona, California, Idaho, Nevada, Oregon, Washington and Pennsylvania. This most recent Grocery Outlet purchase of "Sensational" branded bath tissue is valued in excess of $200,000, making it the largest single purchase of Green Hygienics product to date.
"Grocery Outlet has built a reputation as America's #1 extreme-value retailer by offering their customers the highest quality brand name products at the best possible prices," stated Philip Rundle, CEO. "We are very pleased that they have chosen to increase their purchase of Sensational branded bath tissue with such a significant order and remain committed to providing the best products and customer service available."
Headquartered in Berkeley, California, Grocery Outlet has been a tradition for bargain seeking customers since 1946. The company's reputation as a deep-discount store began when the late Jim Read began purchasing military surplus back in the 1940s and sold it at huge discounts. Today, Grocery Outlet is a third-generation family run business, recognized as the nation's largest extreme-value grocery retailer. Grocery Outlet offers many brand name products at up to 50% off conventional retail prices, including groceries, frozen, deli & refrigerated, produce, fresh meat, general merchandise -- seasonal products, housewares, toys, and gifts -- health & beauty, and a most impressive selection of beer & wine.
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 marketplace for paper-based goods is in excess of $29 billion annually in the United States. 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.
This press release contains "forward-looking statements." Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, and specifically references to future potential purchase orders from Grocery Outlet, Inc. The reader can identify these forward-looking statements by forward-looking words such as "may," "will," "expect," "potential," "anticipate," "forecast," "believe," "estimate," "project," "plan," "continue" or similar words. The reader should read statements that contain these words carefully because they discuss future expectations, contain projections of future results of operations or of financial condition, or state other forward-looking information. Forward-looking statements include, but are not limited to, statements regarding potential products, customers, revenues, expansion efforts, and future plans and objectives of Green Innovations Ltd. ("Green Innovations"). The risk factors listed in our disclosure documents and the cautionary language on this website provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations and projections described by Green Innovations in its forward-looking statements. Actual results relating to, among other things, product launch, sales, customer acceptance and market share could differ materially from those currently anticipated in such statements. Factors affecting forward-looking statements include: consumer preferences, competition from more established brands, ability to develop market share; changes in the operating costs; changes in economic conditions, foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities that Green Innovations develops or produces; changes in the investments levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Green Innovations operates; technological, mechanical and operational difficulties encountered in connection with Green Innovations' development activities; and labor relation matters and costs. The reader should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Green Innovations from time to time with the Securities and Exchange Commission and other regulatory authorities.
For further information regarding Green Innovations Ltd., contact:
Green Innovations Investor Relations
(866) 947-5567 (Toll-free)
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