updated 2/7/2011 1:46:19 PM ET 2011-02-07T18:46:19

NEW YORK, Feb. 7, 2011 (GLOBE NEWSWIRE) -- Greene Concepts, Inc. (Pink Sheets:LKEN) Board of Directors is pleased to announce that its Board of Directors has approved a 5% Restricted Common Stock Dividend for all shareholders of record as of 60 days from the date of February 7, 2011 (Official Record Date is April 7, 2011) and a payable date of April 22, 2011.

Shareholders of record will receive a restricted common stock dividend equivalent to 5% of their recorded shareholdings with fractional shares rounded up in favor of the shareholder. The shares will be restricted for a period of 1 year and will be eligible for free trading on the anniversary date. Shareholders will receive dividend no later than May 1, 2011.

"We're thrilled to extend a dividend to shareholders of LKEN," states Greene Concepts CEO, Lenny Greene. "We feel the company is on the cusp of significant growth due to the opportunities in online, retail and direct marketing sales platforms, and it's imperative that we recognize and reward long-term shareholders as part of our growth strategy. I believe this will only strengthen the market integrity of our company's stock as we launch our nationwide Direct Response Television Marketing campaign and initiatives in our newly formed subsidiary, INKWAY USA."

AccuBrite, Inc creator of FreeInk4Life™ has developed a family of 25 "Do It Yourself Ink Cartridge Refilling Systems." All refilling tools, accessories, filling stations, interactive CD-Rom instruction manual, 24/7 customer service / tech support and license to unlimited FREE ink refills are included with our kits within the FreeInk4Life™ family of products. Consumers can now save thousands of dollars annually without replacing their inkjet cartridges using ABI's top of the line refill kits.

Greene Concepts Inc is an ink technology Manufacturing and Distribution Company headquartered in Fresno, CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies and to bring the world the best inks at the lowest prices so consumers and business can save time, save money, print more and print better.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be 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, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

CONTACT:  The Nuemark Group 
          (www.nuemarkgroup.com)
          559 426-LKEN (5536)
          LKEN@NuemarkGroup.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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