SOURCE: Green Innovations Ltd.

Green Innovations Ltd.

October 28, 2014 08:00 ET

Green Innovations Signs, Wins Initial Order From 250-Store ShopRite; Wakefern's Subsidiary ShopRite to Boost GNIN's NE US Footprint

CAPE CORAL, FL--(Marketwired - Oct 28, 2014) - Green Innovations Ltd. (OTCQB: GNIN) (OTCBB: GNIN) today announced that it has signed ShopRite supermarkets, and received its first purchase order, for its line of natural consumer paper products. New Jersey-based ShopRite has over 250 supermarkets in the northeast US, and is the largest retailer-owned cooperative in the US and the largest employer in New Jersey.

ShopRite is a subsidiary of New Jersey-based Wakefern Food Corporation. Wakefern and ShopRite together employ more than 50,000 people throughout New Jersey, New York, Connecticut, Pennsylvania, Delaware and Maryland. Founded in Keasbey, New Jersey in 1946, Wakefern also owns and operates PriceRite, a supermarket chain in the northeast US with over 50 stores.

The Company's products, through its Green Hygienics brand, are authorized for distribution throughout all of ShopRite supermarkets in New Jersey, New York, Connecticut, Pennsylvania, Delaware and Maryland markets (www.shoprite.com).

"ShopRite is a terrific retail partner with a large and loyal member-customer base, which will greatly expand our footprint in the northeast US," said Jeff Thurgood, GNIN CEO. "Adding ShopRite to our growing network of retailers, and building a relationship with Wakefern, provides an expansive distribution platform for the Green Hygienics product line -- starting with our ever popular Clearly Herbal® Baby Wipes."

About Green Innovations Ltd.
Green Innovations Ltd., through its wholly-owned subsidiary, Green Hygienics, Inc. (http://www.greenhygienics.com), is the exclusive licensed North American distributor of American Hygienics Corporation's 100% tree-free bamboo-based product line, including personal care and paper-based goods. The marketplace for tissue paper products, diapers, wet wipes, feminine care products, and adult care products, is in excess of $29 billion annually in the United States.

The Company is committed to providing consumers with quality products that are designed and manufactured to the highest standards in FDA-accepted manufacturing facilities without compromising product performance. Green Innovations is a member of the International Green Energy Council (IGEC) and dedicated to ensuring a more healthy and sustainable planet. Green Hygienics represents the following brands:
Sensational® Bamboo, Clearly Herbal®, Noov®, Premium Formulations®, and Sensa®.

Safe Harbor Statement
This press release contains "forward-looking statements." Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, and specifically references to future potential purchase sales. The reader can identify these forward-looking statements by forward-looking words such as "may," "will," "expect," "potential," "anticipate," "forecast," "believe," "estimate," "project," "plan," "continue" or similar words. The reader should read statements that contain these words carefully because they discuss future expectations, contain projections of future results of operations or of financial condition, or state other forward-looking information. Forward-looking statements include, but are not limited to, statements regarding potential products, customers, revenues, expansion efforts, and future plans and objectives of Green Innovations Ltd. ("Green Innovations"). The risk factors listed in our disclosure documents and the cautionary language on this website provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations and projections described by Green Innovations in its forward-looking statements. Actual results relating to, among other things, product launch, sales, customer acceptance and market share could differ materially from those currently anticipated in such statements. Factors affecting forward-looking statements include: consumer preferences, competition from more established brands, ability to develop market share; changes in the operating costs; changes in economic conditions, foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities that Green Innovations develops or produces; changes in the investments levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Green Innovations operates; technological, mechanical and operational difficulties encountered in connection with Green Innovations' development activities; and labor relation matters and costs. The reader should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Green Innovations from time to time with the Securities and Exchange Commission and other regulatory authorities.

Contact Information

  • At the Company
    Green Innovations Ltd.
    239.829.4372
    investor@greeninnovationsltd.com

    Investor Relations
    Mirador Consulting, LLC
    Frank Benedetto or Paul Lovito
    (561) 989-3600