SOURCE: I Green Innovations

November 04, 2009 08:56 ET

B Green Innovations, Inc. Signs Distribution Agreement With Whirlpool Corporation; Whirlpool to Sell "VibeAway™" Anti-Vibration Pad Made From 100% Recycled Pads Made From Scrap Tires

Whirlpool Corporation Is the World's Leading Manufacturer and Marketer of Major Home Appliances, With Annual Sales of Approximately $19 Billion; "Recycling the Planet One Tire at a Time"

MATAWAN, NJ--(Marketwire - November 4, 2009) - I GREEN INNOVATIONS, Inc. (OTCBB: IVOT), announced today its wholly owned subsidiary B Green Innovations, Inc. has signed a distribution agreement with Whirlpool Corporation (NYSE: WHR) to sell "VibeAway™" anti-vibration pad made from 100% recycled pads made from scrap tires. Whirlpool Corporation will distribute the "VibeAway™" to customers nationwide seeking an environmentally responsible solution.

The distribution agreement is a terrific opportunity for B Green Innovations, Inc. to distribute products with a great brand on a national basis. We believe that our "Green" product offering, matched with great service and the strong consumer appeal of the Whirlpool brand will enable us to build market share and provide a meaningful source of revenue and profit.

The demand for environmentally responsible acoustical products has increased significantly in the past few years. The VibeAway™ is a welcome addition to growing lists of products we offer to our customers which focus on reducing the environmental impact of each project.

About B Green Innovations:

The B Green Innovations, Inc. ("B Green"), a wholly owned subsidiary of I Green, "Go Green" mission from its inception, is to create a "Green" company for the development of solutions to eliminate waste from the world's environment. B Green offers consumers a realistic and necessary solution to the problem of waste around the world. We believe that to truly have an impact on the planet, one must be committed to the environment and seek out environmentally friendly products.

About Whirlpool:

Whirlpool Corporation today is the world's leading manufacturer and marketer of major home appliances. Whirlpool realizes annual sales of approximately $19 billion, has 70,000 employees and maintains 69 manufacturing and technology research centers around the world. We market Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world.

Certain information included in this press release from I Green Innovations, Inc., may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

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Contact Information

  • Contact:
    Dolores Serafin