SOURCE: Green Bridge Industries, Inc.

September 16, 2010 08:47 ET

Green Bridge Industries, Inc. Signs Finalized Agreement to Sell Zap Industries, Inc. and Green Bridge Institute, LLC

Company Has Sold Its Two Subsidiaries for $150,000 While Maintaining Exclusive Production and Commercial Sales Rights

RIDGEWOOD, NJ--(Marketwire - September 16, 2010) -  Green Bridge Industries, Inc. (PINKSHEETS: GRBG) announces that the Company has sold Zap Industries, Inc. and Green Bridge Institute, LLC., to Green Bridge Technologies International, Inc. (PINKSHEETS: GRBT) in exchange for $150,000 collateralized by a Convertible Note. The transaction will allow the Company to focus on the I&I market segment while still enjoying revenues from production of the ZAP™ Brand Retail products.

"By selling these two subsidiaries it will free up the Company to dedicate all of its resources towards strengthening our presence in the Industrial and Institutional market segments," stated David Gubb, CEO of Green Bridge Industries, Inc. "This agreement will hold our position as the exclusive product supplier for all ZAP Brand products as well as give us access to Green Bridge Technologies contacts as their exclusive provider for Commercial Sales and Distribution. We will benefit from their Retail Sales as well as our I&I expertise."

As part of the agreement William White will move over to Green Bridge Technologies International, Inc., to serve as the President of both ZAP Industries, Inc., and the Green Bridge Institute, LLC. He experience in Retail Sales and Distribution will be a valuable asset to Green Bridge Technologies and the new position will allow him to continue the work he has done on the ZAP™ Brand product line.

About Green Bridge Industries, Inc.:

Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: www.greenbridgeindustries.com.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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