SOURCE: Petrolium Oil Alliance, Inc.
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November 14, 2008 07:54 ET
Petrolium Oil Alliance Inc. Announces New Board of Directors to PetrOil Inc. Formerly CybeRecord Inc.
DUBAI, UAE--(Marketwire - November 14, 2008) - Petrolium Oil Alliance Inc, as the majority
shareholder of PetrOil Inc. formerly CybeRecord, Inc. (PINKSHEETS: CYRD),
announces the appointment of a new board of directors to CybeRecord, Inc.
(PINKSHEETS: CYRD), by Action taken on July 16th 2008. The new board
members are: Mr. Munther Daher -- a veteran executive director of
multinational companies with 20 years experience. Justice Jamal Alassaf --
brings over 14 years of law experience, serving the past 5 years as a
Justice in the Hashemite Kingdom of Jordan. Mr. Ibrahim Gad -- a Senior
Vice President with international experience who has held posts as officer
and director. Mr. Alfred Victor Brewster -- an executive director with
several IBC companies for the past 15 years. Mr. Conrad Nikolas -- a
veteran in exploration and drilling of the Oil and Gas industry in the
Middle East and Africa for the past 17 years.
During a CybeRecord, Inc. Board of Directors meeting held on July 22nd 2008
the resignations of Mr. Michael Morris as President and Ms. Young Kim as
Secretary and Director were accepted by the board. At which time the board
held elections and unanimously appointed Munther Daher as President and
Ibrahim Gad as Corporate Secretary/Treasurer.
Petrolium Oil Alliance Inc., is an IBC with its representation office in
Dubai, U.A.E. specializing in oil distribution and other related petroleum,
gas and energy industries.
Legal Notice Regarding Forward-Looking Statements:
The above news release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on assumptions that management believes are reasonable
based on currently available information, and include statements regarding
the intent, belief or current expectations of the Company and its
management. Prospective investors are cautioned that any such forward-
looking statements are not guarantees of future performances, and are
subject to a wide range of business risks, external factors and
uncertainties. Actual results may differ materially from those indicated by
such forward-looking statements. The Company assumes no obligation to
update the information contained in this press release, whether as a result
of new information, future events, or otherwise.