SOURCE: Green Mountain Development Corp

Green Mountain Development Corp

March 21, 2011 10:45 ET

Green Mountain Development Announces Strategic Plan for Next Phase Development

CARLSBAD, CA--(Marketwire - March 21, 2011) - Robert Brehm, CEO of Green Mountain Development Corp (PINKSHEETS: GMND), announced today that the company will seek an East Coast presence for the further development and implementation of its licensed product lines and new business opportunities. The company has decided that making strategic joint ventures and acquisitions in sectors such as gas and oil exploration and logistics, and alternative fuel technology will characterize the company's business focus for the next twelve months. The Company anticipates the details of the first phase of its East Coast program to be announced within the next several weeks.

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

Investors and media contact Robert Brehm at 619/488-3744 or see www.GreenBizness.com.

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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