SOURCE: Green Mountain Development Corp

Green Mountain Development Corp

March 28, 2011 10:00 ET

Green Mountain Development Announces Joint Venture Relationship With C. Trade Group for New Business Projects

CARLSBAD, CA--(Marketwire - March 28, 2011) - Robert Brehm, CEO of Green Mountain Development Corp (PINKSHEETS: GMND), announced today that the company has finalized a joint venture relationship with C. Trade Group for the development of new business projects. In addition C. Trade CEO, Nick Kontonicolas has been appointed to the Board of Directors of Green Mountain. Together the companies will develop new business opportunities and establish East Coast operations for Green Mountain as previously announced.

Bob Brehm commented, "Mr. Kontonicolas and I have had several successful ventures in the past and we both look forward to enhancing Green Mountain Development and its affiliates by introducing new business opportunities in the energy, logistics and environmental sectors. We have identified several significant business projects that are currently being finalized and we hope to announce them in the near future after certain legal and logistical steps have been completed."

About C. Trade Group
C. Trade Group and affiliates have interests in energy exploration and logistics, real estate, transportation and technology with affiliated offices in New York, Shanghai, California, Calgary, Athens, Jinzhou, China and Abu Dhabi. 

About Green Mountain Development Corp
Green Mountain Development Corp has licensed products and services related to the energy and environmental sectors. 

Please feel free to visit our corporate website www.GreenBizness.com for more news and updates.

The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a development stage company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.

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