Green Globe International, Inc. Announces Preliminary Agreement With Green Seal,...

Green Globe International, Inc. Announces Preliminary Agreement With Green
Seal, Inc.

MURRIETA, Calif., June 29 /PRNewswire-FirstCall/ -- Green Globe International,
Inc. (Pink Sheets: GGII), the worldwide owner of the Green Globe brand, today
announced a preliminary agreement in the form of a Memorandum of Understanding
with Green Seal, Inc., the premier independent eco-label in the United States,
under which the two brands will explore opportunities to collaborate to
promote sustainability on a global scale.

Green Seal has been developing environmental standards since 1989. These
environmental standards include requirements to reduce, to the extent
technologically and economically feasible, the environmental and health
impacts associated with services and the manufacture, use, and end-of-life or
life cycle of products. Set on a category-by-category basis, Green Seal's
environmental standards focus on significant opportunities to reduce a product
or service's environmental impact.

Green Seal has standards for cleaning products and services, building
products, lodging properties, paper products, and many other categories. Green
Seal is also actively developing new standards.

Green Seal has played an important role in helping to shape policy at the
national and international levels and the market transformation towards the
purchase and use of more sustainable products and services.

The purpose of the Memorandum of Understanding is to express the mutual
interests of Green Globe International and Green Seal in sustainability
certification and to outline potential areas of collaboration. Comparing
standards and certification systems; mutual recognition; and collaboration and
partnership opportunities will be explored with the goal of fulfilling the
missions of each organization.

"We are very pleased to have reached this preliminary agreement with Green
Seal, which has a long and distinguished history in green certifications,
particularly in the U.S. market," stated Green Globe International CEO and
Managing Director Steven R. Peacock. "The potential for collaboration between
Green Globe and Green Seal appears to be significant, and we look forward to
fully exploring these opportunities and others that are presented as our
relationship moves forward."

Green Seal President and CEO Arthur Weissman, Ph.D. said, "The Green Globe
program has established itself in markets around the world, particularly in
the international tourism and hospitality industries. We are currently
exploring a number of potential projects where Green Globe and Green Seal can
work together to deliver our respective environmental certifications to a
variety of businesses in the United States."

The Green Globe brand and program, which traces its roots back to the United
Nations Rio de Janeiro Earth Summit in 1992, where 182 Heads of State endorsed
the Agenda 21 principles of Sustainable Development, has primarily been used
in the travel and tourism industry but is now being expanded to include a
growing number of environmentally responsible businesses in a variety of
market sectors. The Green Globe brand is an ideal symbol for the world's
increasing awareness of environmental responsibility and response to global
climate change.

Green Globe International encourages all shareholders and others interested in
following the progress of the company to subscribe to receive email alerts
whenever new information is made public. To subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.

About Green Globe International, Inc.
Green Globe International, Inc. is the worldwide owner of the Green Globe
brand, which includes the leading sustainability certification and
benchmarking programs, carbon footprint calculation and offset programs, and a
broad range of consulting services. Green Globe International has been
admitted as an affiliate member of the United Nations World Tourism
Organization. The World Travel & Tourism Council (WTTC), the business
leaders' forum for the travel and tourism industry, is a 5% common stock owner
of Green Globe International. For more information on the company and its
programs, please visit www.greenglobeint.com or call +1 310-984-6807.

Green Globe services in the Asia Pacific are distributed, managed and sold
exclusively by Green Globe Asia Pacific (GGAP) through EC3 Global. If you
would like further information on GGAP, please visit www.greenglobe.org.

About Green Seal, Inc.
Green Seal was established in 1989 as an independent non-profit organization.
As a 3rd-party ecolabel, Green Seal uses science-based standards and the power
of the marketplace to create a more sustainable world. Green Seal is dedicated
to safeguarding the health of people and environment by promoting the
manufacture, purchase, and use of environmentally responsible products and
services. For more information on Green Seal, visit www.greenseal.org or call
1(202)872-6400.

Safe Harbor Statement
This release contains forward-looking statements with respect to the results
of operations and business of Green Globe International, Inc., which involves
risks and uncertainties. The Company's actual future results could materially
differ from those discussed. The Company intends that such statements about
the Company's future expectations, including future revenues and earnings, and
all other forward-looking statements be subject to the "Safe Harbors"
provision of the Private Securities Litigation Reform Act of 1995.

SOURCE Green Globe International, Inc.

Investor Relations, Green Globe International, Inc., +1-310-984-6807, Ext. 4,
investors@greenglobeint.com; or Linda H. Chipperfield, V.P. of Marketing &
Outreach of Green Seal, Inc., +1-202-872-6400, lchipperfield@greenseal.org