MIAMI, April 8, 2013 /PRNewswire/ -- 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 entered into negotiations with American Hygienics Corporation ("AHC") for an expansion of its current North American exclusive licensing agreement to include the potential distribution of AHC eco-branded and patented products in various other strategic worldwide locations.
"Following our recent acquisition of the Clearly Herbal brand trademarks, the expansion of our relationship with AHC would be a logical next step for us to grow our new brand and distribution on a more international basis," stated Bruce Harmon, CEO of Green Innovations. "This proposed expansion with AHC is a continuation of the ongoing growth mandate set forth by our Board of Directors and industry expert Strategic Advisors. We are confident that, with their experienced input and support, we will be able to take full advantage of this fantastic opportunity to grow our brands into additional high-growth markets beyond North America."
Founded in 2001, American Hygienics Corporation was established as one of the first foreign-owned exclusive wet wipes manufacturers in China and now operates a state of the art FDA accepted facility in Shanghai. Through an agreement with AHC, Green Hygienics Inc. is currently 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 expects that negotiations between the parties will continue for several weeks prior to finalization of any potential agreements and signing of formal documents. Further details regarding any potential transactions are expected to be discussed in future press releases.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.
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