Gurata Gold, Inc.
PINK SHEETS : GUGO

May 18, 2010 09:00 ET

Gurata Gold, Inc. Will Change Its Name and Direction, Adds Paul Artzer as VP of R&D and Acquires Rights to Artzer Z-Panel

CARLSBAD, CALIFORNIA--(Marketwire - May 18, 2010) - Gurata Gold, Inc. (OTCQB:GUGO)(PINK SHEETS:GUGO) President, Charles T. Slay announced today a new direction for the company and the signing of an agreement with Paul J. Artzer, inventor of the Artzer Z-Panel™, to acquire the worldwide exclusive rights to manufacture and distribute the Artzer Z-Panel™.

In his remarks, Mr. Slay explained that the company would, in the near future, do business as Forza Environmental Building Products, and has applied to officially change the company name and trading symbol. The company intends to provide environmentally sound, energy-efficient materials for safe, sustainable shelter to disaster replacement housing projects around the world.

"Paul Artzer invented and continues to improve the Artzer Z-Panel™, recognized around the world as the industry standard in structural concrete insulated panels. These panels are earthquake resistant, resistant to hurricane and cyclonic force winds, fire resistant, resistant to water and mold damage, and termite proof. In appointing Mr. Artzer to his new post as Vice President of Research and Development and acquiring the exclusive rights to the Artzer Z-Panel™, Gurata d/b/a Forza Environmental Building Products is positioning itself to become the leader in disaster replacement and resistant housing materials. As the recent earthquakes in Haiti, China, Chile, and Turkey, to name just the largest, have demonstrated, the need for such specialized materials is constant and growing. The devastation left in the wake of Hurricane Katrina along the Gulf Coast of the United States is a good example of the variety and magnitude of the market. Those hundreds of thousands of homes and other buildings have yet to be replaced; in part due to the lack of reliable and proven wind and flood resistant materials required to prevent a reoccurrence the next time the Gulf is hit by a major storm," stated Mr. Slay.

Mr. Slay also announced today that Gurata Gold, Inc. shares are now being quoted on the OTCQB™ Marketplace, a new market tier for OTC-traded U.S. companies that are registered and fully reporting to the Securities and Exchange Commission (SEC) or a U.S. banking or insurance regulator.

About Gurata Gold, Inc.

Gurata Gold, Inc. is a public company whose common stock is quoted on the OTCQB exchange in the United States under the symbol GUGO. Gurata d/b/a Forza Environmental Building Products will provide environmentally sound, energy-efficient materials for safe, sustainable shelter to disaster replacement housing projects around the world. Further information on the Artzer Z-Panel™ can be found at www.forzaenvironmental.com.

About OTCQB

"The OTCQB was created as the middle tier of the OTC market to better distinguish OTC-traded companies that have made the substantial commitment to investor disclosure by being registered and reporting with a U.S. regulator," said R. Cromwell Coulson, President and CEO of Pink OTC Markets Inc. "By segmenting the OTC marketplace, we believe that issuers will be motivated to provide the highest level of disclosure and compliance that they are capable of supplying, which will ultimately lead to more efficient capital allocation by investors."

Forward Looking Statements

This press release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this current report which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to the characteristics and features of the Artzer Z-Panel™ system, that such products will provide environmentally sound, energy-efficient materials for safe, sustainable shelter to disaster replacement housing projects around the world, or that Gurata d/b/a Forza Environmental Building Products may become the leader in disaster replacement and resistant housing materials. 

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty of financial estimates and projections, the competitive and regulatory environment for early stage companies in the construction industry, stock market conditions, unforeseen technical difficulties and our ongoing ability to operate a business and obtain financing. These forward-looking statements are made as of the date of this current report, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that our beliefs, plans, expectations and intentions contained in this current report are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for our most recent fiscal year, our quarterly reports on Form 10-Q and our other periodic reports filed from time-to-time with the Securities and Exchange Commission pursuant to the Securities Exchange Act.

Contact Information

  • Gurata Gold, Inc.
    Allen L. Long, Senior Vice President of Marketing
    and Corporate Communications
    1-760-666-2366