Green Parts International, Inc. Announces Corporate Update

Mon Aug 18, 2008 11:00pm EDT
 
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LAS VEGAS--(Business Wire)--
Green Parts International, Inc. (Pink Sheets:GNPT) announced today
a current update on the company's progress. According to Asif
Balagamwala, President and CEO, "Greenparts is on target to exceed our
revenue and income goals. Greenparts is heavily back-logged with
orders of large quantities. In addition, improvements of our company's
operations are expected to produce one of our best months with numbers
that exemplify our ability to execute in the business plan."
Greenparts is expected to announce the details of their financial
progress in the upcoming weeks.

   There is a growing demand for recycled scrap metal, especially
domestically, making scrap metal a worldwide commodity. Green Parts
continues to execute their plan of becoming a global supplier of
salvage materials in the form of auto parts, auto salvage or other
scrap metals needed in the marketplace.

   Green Parts International is located in Atlanta, Ga. For more
information about Green Parts International, visit their website at
www.greenparts.com or www.princetonresearch.com for investment
relations and the latest research report.

   Forward Looking Statement

   The contents of this Press Release may be deemed to include
forward-looking statements within the meaning of United States
securities laws and the Private Securities Litigation Reform Act of
1995. Forward-looking statements are only predictions and you should
not rely on them. Actual results might differ materially from those
projected in any such forward-looking statements. Forward looking
statements involve known and unknown risks, uncertainties and other
factors that may cause our or our industry's actual results, levels of
activity, performance or achievements to be materially different from
any future results, levels of activity, performance or achievements
expressed or implied by the forward-looking statements. We cannot
guarantee future results, levels of activity, performance or
achievements. In evaluating forward-looking statements you should
consider various factors including risks inherent in the scrap metal
business sector.

Green Parts International, Inc.
Asif Balagam, President, 404-589-8000

Copyright Business Wire 2008

 

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