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Greens Worldwide Incorporated News

Greens Worldwide Incorporated Files Suit Against Former Officers and Other Defendants

ORLANDO, Fla., Feb. 19 PRNewswire-FirstCall — Greens Worldwide Incorporated (Pink Sheets: GRWW) announces that it, together with its wholly owned subsidiary, American Challenge Golf Tour, Inc., has filed a lawsuit in the Circuit Court of the Ninth Judicial District in and for Orange County, Florida, against the following defendants: Ron Beaman, former President of the American Challenge Golf Tour, Inc., a wholly owned subsidiary of Greens Worldwide; William Conwell, former CEO of Greens Worldwide; and Roy Watson, the former CFO of Greens Worldwide, International Players Tour and AREN, LLC. The complaint alleges conversion and breach of fiduciary duty against defendants Beaman and Conwell, and breach of fiduciary duty against defendant Watson. The complaint further alleges conspiracy on the part of defendants International Players Tour and AREN, LLC.

"When I returned last August as CEO, one of my stated objectives was to pursue the recovery of assets of the Company where appropriate, which, when realized, will contribute to re-building value for our shareholders, and this is the first step toward that particular objective," stated R. Thomas Kidd, CEO, Greens Worldwide.

About Greens Worldwide Incorporated

Greens Worldwide Incorporated (Pink Sheets: GRWW) owns the US Pro Golf Tour, Inc. (http://www.usprogolftour.com), the American Challenge Golf Tour, Inc. (http://www.acgtour.com) and the New England Pro Golf Tour, currently dormant but planned for re-launch in 2009.

Forward-Looking Statements

The statements contained in this news release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Forward-looking statements, such as our intent to develop a system of regional development tours, litigation to recover assets, deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission.

CONTACT Mark Edwards 423 314 6216

SOURCE Greens Worldwide Incorporated

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