Green Globe International
Portal Technologies/Web Services
Green Globe International has entered into a consulting agreement with Sustainable Tourism Development International Pty Ltd. (STDI), an Australian company that has designed and developed sustainability portal technologies services related to travel and tourism, as well as the means of undertaking carbon measurement for travelers, firms and destinations and developing climate sensitive policies, strategies and actions for companies and destinations.
The sustainability portal technologies purchased from STDI are expected to be utilized by Green Globe International's Global Travel Exchange subsidiary to apply to its travel distribution technology in new business opportunities related to the Green Globe initiative. Since a significant focus of Green Globe's program will be oriented toward solutions that help countries, communities, companies and consumers respond to climate change, the purchase of intellectual property rights are directly tied to the start up of a new Global Travel Exchange initiative that will utilize certain of these intellectual properties.
Additional information on how Intellectual Properties developed by STDI specifically for Green Globe International will be utilized in portal applications will be announced by the company.