Reibanc USA, Inc.

Reibanc USA, Inc.

April 12, 2006 10:53 ET

Reibanc USA, Inc. Hires New President

CALGARY, ALBERTA--(CCNMatthews - April 12, 2006) - Reibanc USA, Inc. (PINK SHEETS:RBAN) is pleased to announce that Cyrus Spaulding has joined the company as Director and President.

Cyrus Spaulding is a professional engineer with over 17 years experience in the oil and gas industry. Mr. Spaulding has worked on projects in Canada as well as overseas. His experience includes gas plants, hydrocarbon liquids fractionation plants, heavy oil pilot plants and heavy oil commercial plants. Mr. Spaulding has also worked with a major oil and gas company in Alberta providing forecasting and analysis on heavy oil projects. Mr. Spaulding is a graduate of Lakehead University and a registered Professional Engineer.

This news release includes forward-looking statements that reflect Reibanc USA Inc.'s current expectations about its future results, performance, prospects and opportunities. Reibanc USA, Inc. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward- looking statements are based on information currently available to Reibanc USA, Inc. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2005 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

Contact Information

  • Reibanc USA, Inc.
    David Robinson
    (403) 399-9047