GMND Licenses Bi-Agra Technology to C.Trade-Bard for Worldwide Manufacturing & Distribution

CARLSBAD, Calif. – December 3, 2012 - Green Mountain Development Corp (Pinksheet: GMND), announced today that GMND has signed a licensing agreement with C. Trade-BARD, Inc. (CTB) for the manufacturing & international distribution of Bi-Agra™ products. CTB plans to manufacture the products in its Pennsylvania facility, develop an international marketing strategy and distribute the products in multiple countries.  The license agreement is for a term of fifteen years and calls for gross revenue royalty fees for the term of the contract. Both companies look forward to the successful deployment of the Bi-Agra™ products which have demonstrated increased yields for many food and fuel crops.

C.Trade-BARD, Inc. has an extensive scientific research facility and also manufacturing sites in Pennsylvania, Georgia and Texas and currently concentrates its business efforts on algae based products including bio-fuels.  CTB provides manufacturing capacity and an international distribution infrastructure for Bi-Agra™ products, allowing GMND to extend the Bi-Agra™ products worldwide with high quality control, good value and excellent customer service.

Surajit Khanna, Founder of BARD states, “The Bi-Agra™ product is a bacteria based, plant enhancement product and fits perfectly with our expertise in algae based research, manufacturing and distribution of products such as Astaxanthin, spirulina and certain bio-fuel strains. The Bi-Agra™ product utilizes a CO2 based production process similar to other algae products that we manufacture.”

About Green Mountain Development Corp

Green Mountain Development Corp provides project development services for capital providers and technology operators and distributes licensed products related to the energy, agricultural and environmental sectors. 

About C. Trade-BARD, Inc.

C. Trade-Bard manufacturers and distributes algae based products, including bio-fuels, and has an extensive scientific research facility and also manufacturing sites in Pennsylvania, Georgia and Texas.

About C. Trade Group

C. Trade Group, Nick Kontonicolas, President and Affiliates have interests in energy exploration and logistics, real estate, transportation and technology with affiliated offices in New York, Shanghai, California, Calgary, Athens, Jinzhou, China and Abu Dhabi.  Mr. Kontonicolas can be contacted at +1 917 297-5571 or at [email protected]  

Investors and media contact Robert Brehm at 619/488-3744 ([email protected]) or visit the corporate website www.GreenBizness.com for news and updates.

The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a development stage company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.