SOURCE: I Green Innovations

September 15, 2009 06:01 ET

iVoice Technology, Inc., d/b/a I Green Innovations, Inc. Files Information Statement to Change the Name of the Corporation to B Green Innovations, Inc. and Will File an Amendment to the Certificate of Incorporation, and Change Trading Symbol

Prior to Changing Its Corporate Name to B Green Innovations the Company Will Also Transfer Assets and Liabilities of B Green Innovations, Inc. Into iVoice Technology

MATAWAN, NJ--(Marketwire - September 15, 2009) - iVoice Technology, Inc. d/b/a I Green Innovations, Inc. (OTCBB: IVOT) announced today that it had filed an Information Statement to change the name of the corporation to B Green Innovations, Inc. by filing an amendment to the certificate of incorporation, and change trading symbol. Prior to changing its corporate name to B Green Innovations, Inc., iVoice Technology will merge its wholly owned subsidiary, B Green Innovations, Inc., into itself and thereafter, will adopt the former name of its wholly owned subsidiary, B Green Innovations, Inc.

By combining the companies together we can review various strategic alternatives and are negotiating with several potential candidates about a transaction that would enable B Green to expand its revenue and asset base. B Green is interested in acquisition candidates or product lines in the "Green" space that provide excellent growth potential, are in a viable and stable market segment, and employ a current management team committed to the organization's long-term success.

Jerry Mahoney, President and CEO of iVoice Technology, remarked, "With our rapidly increasing manufacturing capacities, ever increasing distribution of our products, our previously announced stock buy-back program, the Company being debt free and the potential in the market for 'Green' opportunities, we believe the Company is in a great position to deliver on its prospects."

About B Green Innovations:

The B Green Innovations, Inc. ("B Green"), a wholly owned subsidiary of I Green, "Go Green" mission from its inception, is to create a "Green" company for the development of solutions to eliminate waste from the world's environment. B Green offers consumers a realistic and necessary solution to the problem of waste around the world. We believe that to truly have an impact on the planet, one must be committed to the environment and seek out environmentally-friendly products.

Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

For more information on I Green Innovations, please visit

http://www.bgreeninnovations.com/

Contact Information

  • Contact:
    Dolores Serafin
    732-696-9333