SOURCE: Green Globe International, Inc.

May 12, 2008 10:00 ET

Green Globe International, Inc. Issues May 2008 Newsletter Highlighting Worldwide Expansion of the Green Globe Program and New Initiative in the Caribbean Region

MURRIETA, CA--(Marketwire - May 12, 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 released the May 2008 edition of its investor newsletter, featuring expansion of the Green Globe program in international markets and a new anticipated agreement for the Caribbean region.

As owner of the Green Globe brand, Green Globe International is increasing worldwide awareness of the brand and its application both within the global travel and tourism industry and in additional markets.

The May 2008 newsletter can be viewed on the Green Globe website at http://www.greenglobeint.com/articles/1, and a notice will be distributed to subscribers to the company's website-based mailing list.

Included in the newest Green Globe International newsletter is an article that reviews an agreement between tourism officials from 8 Caribbean nations and Green Globe International to deliver sustainability and carbon neutrality solutions for the region. The parties have agreed to work toward a Memorandum of Understanding that 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. Destinations within the Caribbean region have more Green Globe certified tourism operators than any other region to date.

The newsletter also reviews the sponsorships of industry media coverage of several major tourism events by Green Globe International, including the PATA CEO Challenge held in Bangkok, Thailand and the Global Travel and Tourism Summit presented by the World Travel and Tourism Council (WTTC) held in Dubai, United Arab Emirates.

Also included in the May 2008 newsletter is the introduction of Maria Figueiredo as regional sales manager for UK/Europe. Ms. Figueiredo was appointed to represent Green Globe International and assist with the marketing of the company's sustainability and carbon neutrality solutions in the region. Green Globe International expects to announce its first new customers and projects in the UK/European market before the end of May.

Green Globe International has welcomed new customers to the Green Globe program and in the newsletter reviews two recent announcements regarding hotels and the Green Globe brand. The newsletter recounts a recent announcement that by 2010, 400 of Novotel properties across 61 countries will have been certified under the Green Globe benchmarking and certification program. Novotel is a brand of Accor hotels, which operates in nearly 100 countries with 170,000 employees. Green Globe also congratulated Chisun Grand Akasaka, managed by Solare Hotels and Resorts Co. Ltd., on becoming the first hotel in Japan to be benchmarked under the Green Globe benchmarking and certification program for sustainable tourism.

"The May 2008 newsletter provides a representative cross-section of the types of announcements that shareholders should expect from Green Globe International in upcoming months," commented Steven R. Peacock, chief executive officer of the company. "It contains a mix of our promotion of the Green Globe brand through sponsorships in the tourism industry; new large-scale business initiatives created by Green Globe International; a key addition to the Green Globe International team with the hiring of Maria Figueiredo as regional sales manager for UK/Europe; and increasing awareness of new Green Globe customers in specific market niches, with the announcement that the Novotel hotel brand will have 400 of their properties across 61 countries certified under the Green Globe benchmarking and certification program."

"As stated in my CEO Greeting, we expect, in the next several weeks, to begin identifying the anticipated revenues from each particular Green Globe program. This should be of particular interest to Green Globe International shareholders, and we look forward to providing these very important details as soon as possible," Mr. Peacock added.

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.

Contact Information

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