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Letter of Intent with Optim Consult - Two Carbon Companies Forge a Union

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Chicago, IL – September 1, 2010 – Global Green Carbon Corporation (“Global Green Carbon” or the “Company”) announced today that it has signed a Letter of Intent to acquire Optim Consult (“Optim”). Optim is a carbon emission reduction and carbon asset service provider for the global carbon market. Global Green Carbon is a world-wide project developer of carbon financed forestry initiatives. 

Optim was incorporated in 2007 in Bogotá, Colombia with the mission of generating carbon businesses in Latin America. Optim dominates the carbon arena with a portfolio of over 30 carbon emission reduction projects in both the compliance and voluntary markets spanning the following sectors:

• Forestry and REDD
• Landfill gas
• Biomass to Power
• Hydropower
• Composting
• Waste water treatment
• Oil associated gas
• Transport

“We at Global Green Carbon are very excited by our pending acquisition”, commented Christopher Werner, Chief Executive Officer.  “Our melded respective strengths in the carbon industry provides a solid platform for growth and positions us as key players as the global carbon markets mature.”

OPTIM was founded by Sr. Juan Andrés López and Dr. Eduardo Uribe. Before founding OPTIM, Juan López was a Senior Environmental Specialist at the World Bank. In that capacity he managed projects to mitigate climate change while addressing local development and environmental needs. Eduardo Uribe is an Agronomist with a doctorate in Soils Sciences. He has held several government posts in Colombia as Director of Environmental Policy at the National Planning Department, Deputy Minister of the Environment, and Director of the Environmental Agency of the city of Bogotá.

In signing the Letter of Intent, Juan Andres Lopez, President of Optim Consult commented, “We are very optimistic about this pending union.  Our broad scope of carbon emission reduction experience and their expertise and depth in international forestry and financing will ensure that both companies are strengthened as the markets evolve.”

About:

Global Green Carbon Corporation (GGC) is a world-wide project developer of carbon financed LULUCF (Land Use, Land Use Change and Forestry) initiatives. Global Green Carbon’s unique integrated land management strategy not only addresses one of the primary causes of global warming, but also rehabilitates degraded ecosystems, conserves bio-diversity, regenerates dwindling water resources and provides employment for forest communities.  For more information, visit www.globalgreencarbon.com.

Optim Consult (Optim) is a carbon emission reduction and carbon asset service provider for the global carbon market. Optim’s consultancy and brokerage services provide comprehensive expertise in generating and managing carbon assets over a full spectrum of industries.  For more information, visit www.optimconsult.com

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