SOURCE: Green Globe International, Inc.

May 19, 2008 10:01 ET

Green Globe International, Inc. Announces Additional Management Meetings With Tourism Leaders in the Caribbean

In Trinidad, the Company Advances the Anticipated Implementation of a Green Globe Sustainability and Carbon Neutrality Program for the Region

MURRIETA, CA--(Marketwire - May 19, 2008) - Green Globe International, Inc. (OTCBB: GGLB), which owns the Green Globe brand, the premier international brand for sustainable travel, tourism and related businesses, today announced that Chief Operating Officer Bradley Cox met with Caribbean tourism officials at the 12th Annual Caribbean Hotel and Tourism Investment Conference (CHTIC) held from May 6-8 in Port-of-Spain, Trinidad to discuss an anticipated agreement for Green Globe to provide sustainability and carbon neutrality solutions for the Caribbean region.

The meetings included leaders from the Caribbean Hotel Association (CHA) and its not-for-profit subsidiary, the Caribbean Alliance for Sustainable Tourism (CAST), which was established in 1997 by members of the CHA to promote responsible environmental and social management of natural and heritage resources respectively within the hotel and tourism sector. CAST has assisted in managing the rollout of Green Globe benchmarking and certification program in the region. Destinations within the Caribbean region have more Green Globe Certified tourism operators than any other region to date.

The purpose of Mr. Cox's meetings was to prepare for an anticipated Memorandum of Understanding for Green Globe International to deliver sustainability and carbon neutrality solutions for the Caribbean region. The plan will provide for the development of a communications strategy, a carbon offset strategy and a sustainability strategy, which will be supported by Green Globe International. Mr. Cox was invited to meet with Caribbean tourism officials at the conference in Trinidad after his presentation at the recent Caribbean Conference on Sustainable Tourism in the Turks and Caicos.

Deirdre Shurland, Director of CAST, commented, "While Green Globe has been a high profile brand in the Caribbean, there are now competitors seeking entry into the region, and in our meetings with Mr. Cox, we were able to discuss our next steps in implementing the sustainability and carbon neutrality plan for the Caribbean."

"We are now seeking to form the best organizational structure under which we can bring together government leaders, policy directors, and investors to capitalize on the good work that has been done and to take the lead in helping with a new initiative for monitoring energy usage and other carbon reducing strategies for the Caribbean," Ms. Shurland added.

Mr. Cox stated, "It is obvious from our perspective that Green Globe resonates in the Caribbean region and our next step is to bring together the appropriate government representative of each of the Caribbean nations that will participate in the Green Globe sustainability and carbon neutrality initiative."

"We have targeted a specific signing date for the Memorandum of Understanding that falls within the next 30 days, and in that relatively short timeframe, we will work with our associates at CHA, CAST and other official representatives of Caribbean nations to move this plan forward," added Mr. Cox.

Green Globe has been accepted as the premier brand for sustainability in the Caribbean tourism industry and is recognized by its member nations as the single brand with which consumers most readily connect.

The World Travel and Tourism Council (WTTC) established Green Globe in 1993 as a response to the United Nations Rio de Janeiro Earth Summit, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development.

Green Globe International (www.greenglobeint.com) encourages all shareholders and others interested in following the progress of the company to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.

About Green Globe International, Inc.

Green Globe International, Inc. is the majority owner of Green Globe, Ltd., a British company that owns the Green Globe brand, the premier international brand for sustainable travel, tourism and related green businesses. The company also holds a majority interest in Global Travel Exchange, Inc., whose Voyager Network travel distribution platform provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. For more information, please visit www.greenglobeint.com.

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of Green Globe International, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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