NEW YORK, Jan. 13, 2009 (GLOBE NEWSWIRE) -- Perf Go Green Holdings, Inc. ("Perf Go Green") (OTCBB:PGOG) (http://www.perfgogreen.com), a marketer and distributor of biodegradable plastics, today announced a distribution partnership with Wal-Mart Stores, Inc. (NYSE:WMT). Starting in March, Wal-Mart will stock and distribute Perf Go Green's 13-gallon tall kitchen trash bags and 30-gallon garage, lawn & leaf bags to over 500 Wal-Mart stores across America.
"Our agreement with Wal-Mart is another sign of the overwhelmingly enthusiastic reception retailers are giving our biodegradable plastic bags," said Perf Go Green Chairman and CEO Tony Tracy. "We're especially excited about this new partnership because Wal-Mart is well-known for its commitment to sustainability and its leadership in bringing health and wellness to mainstream consumers. Perf Go Green's earth-friendly products offer a meaningful way for consumers, companies and their employees to reduce their environmental footprint."
Perf Go Green's corporate name reflects its "Go Green" mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment. Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products were honored for their design quality and innovation. Perf Go Green's household products -- which include kitchen trash bags, garage, lawn & leaf bags, pet products and plastic drop cloths -- are now available at stores with more than 22,000 retail units and online at Amazon.com and drugstore.com. Perf Go Green also distributes a comprehensive line of commercial trash bags.
About Perf Go Green
Perf Go Green Holdings, Inc. (OTCBB:PGOG), http://www.perfgogreen.com, is engaged in the distribution and global marketing of eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products incorporate recycled plastics that are combined with an oxo-biodegradable proprietary application method to produce the film for the products. Based on environmental claims statements made by the manufacturer of the oxo-biodegradable applied to our products, when discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, we believe Perf Go Green products biodegrade within two years, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, Perf Go Green effectively removes plastic waste from the environment. In addition, Perf Go Green trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time, similar to a tissue box. Perf Go Green products are available at Walgreens, CVS, Amazon.com, Drugstore.com.
The Perf Go Green logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5503
The GoGreen Tall Kitchen Bags logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5504
Safe Harbor Statement
This press release contains 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. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.