MATAWAN, NJ -- 11/04/09 --
I GREEN INNOVATIONS, Inc. (OTCBB: IVOT),
announced today its wholly owned subsidiary B Green Innovations, Inc. has
signed a distribution agreement with Whirlpool Corporation (NYSE: WHR) to
sell "VibeAway(TM)" anti-vibration pad made from 100% recycled pads made
from scrap tires. Whirlpool Corporation will distribute the "VibeAway(TM)"
to customers nationwide seeking an environmentally responsible solution.
The distribution agreement is a terrific opportunity for B Green
Innovations, Inc. to distribute products with a great brand on a national
basis. We believe that our "Green" product offering, matched with great
service and the strong consumer appeal of the Whirlpool brand will enable
us to build market share and provide a meaningful source of revenue and
profit.
The demand for environmentally responsible acoustical products has
increased significantly in the past few years. The VibeAway(TM) is a
welcome addition to growing lists of products we offer to our customers
which focus on reducing the environmental impact of each project.
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.
About Whirlpool:
Whirlpool Corporation today is the world's leading manufacturer and
marketer of major home appliances. Whirlpool realizes annual sales of
approximately $19 billion, has 70,000 employees and maintains 69
manufacturing and technology research centers around the world. We market
Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht
and other major brand names to consumers in nearly every country around the
world.
Certain information included in this press release from I Green
Innovations, Inc., 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 please visit:
http://www.bgreeninnovations.com/
Contact:
Dolores Serafin
732-441-7700