BOLOGNA, ITALY--(Marketwire - Sept. 17, 2012) - Great Wall Builders Ltd. (OTCQB:GWBU) (or "the Company"), operating as "Start Technologies Europe s.r.o.", is pleased to announce the appointment of Mr. Fabio Gobbo to the Board of Directors.
Mr. Fabio Gobbo, Board Member and Vice President.
A native Italian, now residing from many years in Vienna, Austria, Mr. Gobbo is the owner and manager of DECO Development & Cooperation KEG (Vienna) a company focused on the environmental sector. Prior to this, he was also manager of Energia System Technik GmbH a company specializing in the energy-saving sector that for the optimization of power consumption. Mr. Gobbo has extensive experience in international trade and finance in the European Union as well as with Eastern Bloc countries.
"We welcome Mr. Gobbo to the team. He is an excellent addition to the Board, and I look forward to working closely with him," comments Mr. Daniele Brazzi, CEO and President of GWBU. "He brings extensive international experience, as well as management acumen, to the Company that we believe will assist us in growing the business and our shareholder value."
About Great Wall Builders
Great Wall Builders (OTCQB:GWBU), operating as "Start Technologies Europe s.r.o." ("Start Technologies"), owns the exclusive manufacturing and distribution rights to the patent Start Fuel Efficiency and Emission Device (FEED), an aftermarket device for internal combustion engines that enhances performance by causing fuel to combust more efficiently and completely. For more information, please visit www.StartTechnologiesCorp.com.
This press release may contain forward-looking statements with respect to business conducted by Start Technologies Europe s.r.o. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Such forward-looking statements include those that express plan, anticipation, intent, contingency, goals, targets, or future developments and/or otherwise are not statements of historical fact. The words "potentially", "anticipate", "could", "calls for", and similar expressions also identify forward-looking statements. The Company does not undertake to update any forward-looking statements. Factors that could affect actual results include, without limitation, risks associated with: the Company's ability to successfully obtain patents for its technology and the adequacy of such patents; the introduction of competitive technology; the Company's ability to develop, manufacture, license, or sell its products or product candidates; the Company's ability to enter into and successfully execute any license and collaborative agreements; the adequacy of the Company's capital resources and cash flow projections, the Company's ability to obtain sufficient financing to maintain the Company's planned operations, or the risk of bankruptcy; other risks that may be described under Certain Risks and Uncertainties Related to the Company's Business, as contained in the forthcoming Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.