Genoil Inc.
TSX VENTURE : GNO
OTC Bulletin Board : GNOLF

Genoil Inc.

November 02, 2005 06:00 ET

Genoil Selected to Present at Energy Venture Fair VI Conference

CALGARY, ALBERTA--(CCNMatthews - Nov. 2, 2005) - Genoil Inc. (TSX VENTURE:GNO) (OTCBB:GNOLF) was selected as representing the most exciting, emerging energy-based technology and service companies to present to an illustrious faculty of leading corporate and strategic buyers from the energy technology community at the Energy Venture Fair VI. The Genoil presentation is on Wednesday November 2 at 3:55pm and on Thursday November 3rd at 8am at the Hilton Boston Back Bay Hotel in Boston, Massachusetts.

The Energy Venture Fair has become North America's premier and best networking event for investors, entrepreneurs and established energy companies interested in the cutting-edge of tomorrow's energy technologies and businesses. Further details on the Energy Venture Fair, including the detailed agenda are available on the conference website at http://www.energyventurefair.com. Genoil will be represented by its Chairman & CEO Mr. David Lifschultz, and its Vice President of Corporate Finance Candice Beaumont.

Genoil is a technology development company providing solutions to the oil and gas industry through the use of proprietary technologies. The Genoil Hydroconversion Upgrader can economically convert heavy crude oil into more valuable light refined products such as motor gasoline and diesel fuel, while significantly reducing the sulphur content in the oil. Genoil's shares are listed on the TSX Venture Exchange under the symbol GNO, as well as on the OTC Bulletin Board under GNOLF. For more information on Genoil visit www.genoil.net.

ADVISORY: Certain information regarding the company, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated. The company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contemplated by the forward-looking statements.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand, and the company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential risk factors that could affect the company's financial results can be found in the company's Reports filed with the Securities and Exchange Commission.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Genoil Inc.
    David Lifschultz
    Chairman and CEO
    (914) 393-5800
    Website: www.genoil.net