Great Wall Builders Ltd.
OTCBB : GWBU

April 24, 2012 15:43 ET

Great Wall Builders Ltd. Introduces New President

MIAMI, FLORIDA--(Marketwire - April 24, 2012) - Great Wall Builders Ltd., (OTCBB:GWBU) (the "Company" or "Great Wall"), is pleased to provide this introduction regarding its incoming President and CEO, Mr. Daniele Brazzi.

Mr. Brazzi has an innovative inventor with an extensive background in general electronics, electrical engineering, and applied electronics. Over the span of his career, he has collaborated in new technology development with many prestigious automotive electronics brands, such as Sony, Kenwood, Clarion and Alpine. Previously, he also developed bio-resonance technology used for the treatment of pathogens, eye scanners to detect early disease in the human body, and has participated in the development of precise orthopaedic equipment for the Rizzoli Orthopedic Institute of Bologna.

Over the last 12 years, Mr. Brazzi has been advancing experiments to improve the combustion process in closed combustion engines. This research resulted in a unique theory in emissions reduction, ultimately leading to the development of the patent-pending Start Device.

The Start Device is an innovative automotive aftermarket device that lowers emissions, reduces fuel consumption, and improves overall combustion engine performance. Mr. Brazzi will lead Great Wall in the ongoing development and commercialization of the Start Device. Further additions to the Great Wall team are expected to be made in the near future.

Safe Harbor

This press release may contain forward-looking statements with respect to business conducted by Great Wall Builders, Ltd. 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.

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