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Carbon Jungle, Inc. Announces City Agreement for Recycled Glass Project

Post Time:Oct 12,2009Classify:Industry NewsView:386

Carbon Jungle, Inc. (Symbol:
CBJG) announced today that they have reached an agreement with the
municipality of Xiao Guan Zhuang in Yangzhou, China to purchase waste glass.
With the agreement, Carbon Jungle, Inc. now has access to a
government-guaranteed supply of glass for its glass recycling operations.
"This town is a great fit for us," said David Levinson, CEO of Carbon Jungle,
Inc. "It's in one of the best areas in China to do business, and transport is
very convenient." Carbon Jungle, Inc.'s coordinating of waste glass
procurement through Chinese local government support along with the
feasibility of Carbon Jungle Inc.'s cost efficient waste glass processing
looks to guide, direct and expand a substantial portion of the Chinese market
share of glass recycling into a new sustainable solution to China's waste
glass.

Carbon Jungle, Inc. is quoted under ticker symbol CBJG. Carbon Jungle is a
management engineering company with operations in the United States and China,
that believes going green is not only the right thing to do, but the
profitable thing to do. Carbon Jungle specializes in proprietary glass
recycling, organic fertilizer, and a unique solar technology that is half the
cost of traditional systems.
Additional information can be found at

Safe Harbor Statement: This release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 27E of
the Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements. These
forward-looking statements are based on current expectations, estimates and
projections of management. Carbon Jungle, Inc. intends for these
forward-looking statements to be covered by the safe-harbor provisions for
forward-looking statements. Words such as "anticipates," "expects," "intends,"
"plans," "believes," "seeks," "estimates," or variations of such words are
intended to identify such forward-looking statements. Investors are cautioned
that forward-looking statements are inherently uncertain. Actual performance
and results may differ materially from that projected or suggested herein due
to certain risks and uncertainties including, without limitation, the success
of Carbon Jungle's efforts. All forward-looking statements in this press
release are made as of the date of this press release, and Carbon Jungle, Inc
assumes no obligation to update these forward-looking statements whether as a
result of new information, future events or otherwise, other than as required
by law.

CONTACT: Email: Ningxia Road, Floor 6, Suite G, Shanghai, China, 200063

SOURCE  Carbon Jungle, Inc

Email: Floor 6, Suite G, Shanghai, China, 200063

Source: ReutersAuthor: shangyi

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