SOURCE: Green Bridge Industries, Inc.

Green Bridge Industries, Inc.

March 14, 2011 10:01 ET

Green Bridge Industries, Inc. Substantially Reduces Authorized Common Shares

SARANAC, MI--(Marketwire - March 14, 2011) - Green Bridge Industries, Inc. (PINKSHEETS: GRBG) is pleased to announce that the Company's Board of Directors has approved a reduction in the number of authorized Common Shares from 2 billion to 500 million Common Shares. The Board of Directors believe the current share price is not in line with the value of the Company and that the reduction of authorized shares will help improve the share price and increase the overall value of the Company.

The Company believes that the overall value of Green Bridge Industries has a tremendous upside and wishes to reflect that value in its stock price. The reduction was filed with the Nevada Secretary of State. Green Bridge intends to raise additional growth capital to achieve a share price worthy of a move to a higher trading arena.

"The Board of Directors decided that a reduction in the number of authorized shares would have a positive effect on both our share price and shareholder confidence," stated William White, CEO of Green Bridge Industries, Inc. "We believe our shareholders will be more comfortable with a number of authorized shares that is reflective of our current outstanding."

In Further News, Green Bridge has recently announced the development of a new line of (even greener) products called EZ Pak™. EZ Paks™ are concentrated packets which use a water soluble film to drastically reduce waste and lower our carbon footprint. Green Bridge Industries will be distributing these cleaners through its newly formed Green Bridge Products division, which will specialize in Wholesale Distribution.

About Green Bridge Industries, Inc.:

Green Bridge Industries is a Green Products & Technologies company. Since the Company's inception, it has grown and thrived in the area of green cleaners. Green Bridge Industries has plans to upgrade its current products as well as introduce new product lines. The first of these is its new EZ PAK™ product line, a dissolvable packet aimed at lowering our carbon footprint while still offering superior cleaning performance as compared to traditional, toxic cleaners. The Company is also actively looking towards joint venture partnerships and acquisitions in the alternative energy sector. For more information on Green Bridge Industries, visit:

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.

Contact Information