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Totally Green Reports First Quarter 2013 Results


June 14, 2013 - Toronto

Totally Green Inc. (PINKSHEETS: TLGN) ("TG" or the "Company"), an innovator in organic food waste processing and diversion, reported results for the quarter and year ended March 31, 2013.

Total revenue was $247,453 for the quarter ended March 31, 2013, compared to $146,284 for the quarter ended March 31, 2012. The increase in revenue is a result of the sale of 5 ORCA machines under the previous "Unit Sales" model. These sales were contracted before the Company switched to a "Service as a Solution" model, in which the Company's revenue is based on monthly service fees and not sales. ORCA service fees were $54,855 for the first quarter, compared to $19,600 in the fourth quarter of last year.

Q1 2013 Operational Highlights

We installed 12 units during the quarter as we took shipment of the recently improved ORCA machines and we signed 17 new customers to trials.

The Company has continued to focus on the Toronto market as we refine our processes to serve customers under the Service as a Solution model before expanding across North America.

Management Commentary

"I am confident that we now have the infrastructure in place that is required to enable the growth of our business model into other cities," said Shawn Dym, CEO of Totally Green. "We expect to build on the momentum we have created in Toronto, and launch in a major U.S. market by the end of Q2."

"We continue to be pleased with our new operating model, with ORCA service fees up 180% over last quarter. We feel this is a strong sign of customers being receptive to our offering, and we continue to expect robust growth of ORCA service fees as we expand into new markets."

About Totally Green
Totally Green, Inc. develops and markets the company's ORCA Green™ Machine. The ORCA (Organic Refuse Conversion Alternative) machine allows for rapid composting of most organic material in institutional and commercial end-user applications, after which the liquid compost is disposed of through the ordinary sewer system. The machine creates meaningful cost savings for customers while diverting food waste from landfills and reducing methane gas production. For more information, please visit www.totallygreen.com.

Important Cautions Regarding Forward-Looking Statements
This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, the uncertainty of market trends, the competition faced from other current and future technologies and the uncertainties of competitive pressures we face. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements.




TOTALLY GREEN INC.
BALANCE SHEETS

December 31,
March 31, 2013 2012
Unaudited Audited
---------------- ----------------

ASSETS

CURRENT ASSETS
Cash & Cash Equivalents 148,330 733,411
Temporary Investments - Restricted 25,000 25,000
Trade Accounts Receivable, net 195,981 60,723
Deposits 35,250 -
Accounts Receivable - Other 40,255 4,754
Prepaid Expenses 6,046 16,166
Inventory 14,948 16,894

---------------- ----------------
Total Current Assets 465,810 856,948
---------------- ----------------


PROPERTY & EQUIPMENT

Property and Equipment 566,496 426,204

---------------- ----------------
Property and Equipment, net 566,496 426,204
---------------- ----------------



---------------- ----------------
TOTAL ASSETS $ 1,032,306 $ 1,283,152
================ ================


Jan - Mar 31,
2013 December 31,2012
Unaudited Audited
---------------- ----------------

LIABILITIES AND EQUITY

Current Liabilities
Accounts Payable 206,794 167,740
Other Liabilities 45,150 40,817

---------------- ----------------
Total Current Liabilities 251,944 208,557
---------------- ----------------

---------------- ----------------
Total Liabilities 251,944 208,557
---------------- ----------------

EQUITY
Common Stock - $0.001 Par Value,
750,000,000 shares authorized
13,825,727 and 13,825,727 shares issued
and outstanding at December 31, 2012 13,825 13,825
Preferred Stock:
Series C - $0.001 Par Value 50,000
sharesauthorized, issued and
outstanding 50 50
Series E - $0.001 Par Value 12,000
sharesauthorized, issued and
outstanding 12 12
Series F - $0.001 Par Value 7,000
sharesauthorized, issued and
outstanding 7 7
Additional Paid in Capital:
Common Stock 6,308,633 6,308,633
Preferred Stock - Series C 4,499,950 4,499,950
Preferred Stock - Series E 700,603 700,603
Preferred Stock - Series F 233,535 233,535
---------------- ----------------
Total Paid in Capital 11,756,615 11,756,615

Retained Earnings ( Deficit) -10,976,253 - 10,682,020

---------------- ----------------
Total Equity 780,362 1,074,595
---------------- ----------------

TOTAL LIABILITIES and EQUITY $ 1,032,306 $ 1,283,152
================ ================



TOTALLY GREEN INC.
STATEMENT OF OPERATIONS

Jan - Mar 2013 Jan - Mar 2012
(Unaudited) (Unaudited)
--------------- ---------------



Net Sales 192,598 146,284

ORCA Service Fees 54,855 -

--------------- ---------------

Total Sales 247,453 146,284

Cost of Goods Sold 112,583 87,890
--------------- ---------------

Gross Profit 134,870 58,394

Other Income 5,816 -

Operating Expenses

Selling, general and administrative
expenses 436,116 525,228

--------------- ---------------
Total Operating Expenses 436,116 525,228
--------------- ---------------

Operating Loss - 295,430 - 466,834
--------------- ---------------

Other Incomes /(Expenses)
Other Income 1,197 132,398
Interest Expense - - 25,801

--------------- ---------------
Total Other Income / (Expense) 1,197 106,597
--------------- ---------------


Net Loss Attributable to Common Stockholders -$ 294,233 -$ 360,237
=============== ===============

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Shawn Dym
Chief Executive Officer
Totally Green, Inc.
Tel 416-221-9066

MarketWire

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