Feb. 13, 2013
/PRNewswire/ -- Green Innovations Ltd. (OTCQB: GNIN) (OTCBB: GNIN) ("Green Innovations" or the "Company") and its wholly-owned subsidiary, Green Hygienics, Inc. ("Green Hygienics") are pleased to announce that, due to better than anticipated initial response from wholesalers, distributors, and consumers, the Company has quickly surpassed
in sales and purchase orders. This achievement has met and exceeded certain milestones as defined in the Company's licensing agreement with American Hygienics Corporation (AHC) and was completed within just the first three months of operations whereas the agreement provided a full year for compliance.
"Initial response from wholesalers and distributors of our 100% bamboo and traditional paper products has been extremely positive and it appears that we are gaining product acceptance and momentum faster than we could have previously anticipated," stated Mr.
, National Sales Manager of Green Hygienics. "The Company and its distribution partners plan to continue to build upon this momentum as we introduce many more Green Hygienics products to more and more retailers each week."
Under terms of a Licencing Agreement between Green Hygienics Inc. (GHI) and American Hygienics Corporation (AHC), GHI has a North American exclusive arrangement with AHC for the distribution of certain AHC bamboo products for a period of five (5) years. This agreement will automatically renew for a minimum for five (5) additional years based on certain revenue and product mix conditions being met.
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.