Green Parts International, Inc. Announces Corporate Update
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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