GMND Green Mountain Developmnet Corp (CE)

CARLSBAD, CA , an incubator of green technology companies, announced today that the company has issued a term sheet for the merger/acquisition of Ecocover California, Inc. (ECI), a startup manufacturing company of organic mulch products manufactured from recycled waste paper for agricultural, landscaping, horticultural and land management use.

Under the terms, GMND would acquire 60% of the outstanding stock of ECI upon raising $2.5MM in funding in a merger/acquisition where ECI would operate as a subsidiary of GMND. The parties are working to close the transaction by October 31, 2008.

Brehm stated, "Originally developed, tested, launched and successfully established in New Zealand, the EcoCover story is now being extended into the global market and an opportunity exists to establish an EcoCover manufacturing facility, fully equipped and commissioned, in the California market territory. Once the initial capital is raised and the first facility has been established, it is our intention to roll out multiple manufacturing facilities across California and beyond. We believe the business model of ECI and its shareholders and employees could be a strong contributing factor to the future success and growth of both ECI and GMND as a combined business entity."

About Green Mountain Development Corp

Green Mountain Development Corp, a majority owned subsidiary of U.S. Microbics, Inc., (PINKSHEETS: BUGS), is an incubator for green technology companies which provide natural solutions for the environmental challenges of growth using the management expertise and infrastructure of GMND.

About EcoCover California, Inc.

EcoCover products are internationally patented and certified organic mulch products manufactured from recycled waste paper for agricultural, landscaping, horticultural and land management use, using materials that are 100% compostable, 100% biodegradable and proven to increase water retention, reduce weed growth and plant mortality. For additional information about the EcoCover products contact Simon Gidney at 310-540-3718 or visit www.EcoCover.com.

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 startup 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. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request.

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Investors and media contact: Robert Brehm 760/918-1860, ext. 102

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