Carbon Green Inc.
OTC Bulletin Board : CGNI

Carbon Green Inc.

February 11, 2010 14:00 ET

Carbon Green Inc. Announces New Chief Operating Officer for Subsidiary

BRATISLAVA, SLOVAK REPUBLIC--(Marketwire - Feb. 11, 2010) - Carbon Green Inc. ( (the "Company" or "Carbon Green") (OTCBB:CGNI) an innovative tire recycling company, is pleased to announce that on January 28, 2010, David William Thursfield agreed to serve as the Chief Operating Officer of the Company's wholly owned subsidiary, Greenwood Commerce Limited, effective as of January 15, 2010.

About Carbon Green

Carbon Green Inc. is the world's first company to economically recycle 100% of a used tire back into valuable end products. This revolutionary technology will change how governments and industry handle the disposal of the over ten billion tires stockpiled around the world. 

Carbon Green owns a protected proprietary technology that is able to convert the by‐products of tire pyrolysis into recovered steel, a #2 diesel equivalent oil which can also be employed to generate green electricity in many countries, a nano‐particle compound known as Carbon Green™ which is a tire industry‐tested and accepted competitive substitute for commercial carbon black and, a clean‐burning gas that can be used to provide power to the Company's processing plant and/or sold for carbon credits, leaving no waste and a positive environmental contribution. For more information please visit our website at

On behalf of the Board of Directors,


John T. Novak, President and CEO

Notice Regarding Forward Looking Statements

This press release contains projections and forward looking statements, as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and can include, without limitation, statements based on current expectations involving a number of risks and uncertainties and which are not guarantees of future performance of the Company. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information including adverse market conditions and the inability of the tire pyrolysis plant to commence commercial production. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice.

Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the Company's annual report on Form 10-K, its quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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