MIAMI, FLORIDA--(Marketwire - May 1, 2012) - Great Wall Builders Ltd., (OTCBB:GWBU), is pleased to announce the election of three (3) new members of its Board of Directors; Mssrs. Daniele Brazzi, Dominico Chiovitti and Jay Almeida. The following provides a brief description of the incoming Directors prior business experiences.
Mr. Daniele Brazzi, Chairman of the Board
Mr. Brazzi is 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 products in the medical sector; including 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 past 10 years, Mr. Brazzi has been involved in the research and development of combustion engine technologies, specifically in the reduction of engine emissions. His most recent experience has led him to develop the Start Fuel Efficiency and Emissions Device (FEED), which boasts more than 800 installations worldwide. The Start FEED unit is the only combustion engine emission reduction technology available which received the approval of the Italian Minister of Transport and passed strict government tests for effectiveness and safety.
Dr. Jay Almeida, Board Member
After a successful career in the banking industry, Mr. Almeida moved to the USA in 1989. Since 1990, Mr. Almeida has served as the President and CEO of PHN Group. PHN Group is an international business group of 5 companies involved with foreign trade (importation, exportation, business representations, international business consulting, trade finance, and security technology) in all Latin America, Caribbean and European countries. In 1999, he was nominated as Ambassador of Commerce of Florida for all Latin America and Caribbean countries. He is currently President & CEO of the Rotory Club of Miami and the International Business Council (IBC) of Florida.
Mr. Almeida graduated from the University of Chicago with a degree in economics. In addition, he graduated as an engineer from Universidad Santa Ursula, Rio de Janeiro, Brazil. Mr. Almeida also has a Master degree in Marketing from Universidad de Chile, Santiago, Chile and a PhD in Engineering Economics from Bonn University, Germany. Mr. Almeida is fluent in English, Spanish and Portuguese.
Mr. Dominico Chiovitti, Board Member
From 1967 to 1992, Mr. Chiovitti was a Senior Chemist and supervisor of the Petro Canada Laboratory in Montreal, Canada. During his career, Mr. Chiovetti controlled and researched several new products, specifically Vanadium Pentoxyde derived from fly ash. Mr. Chiovetti was responsible in the design and development of a method to control CO & CO2 levels for industrial gas discharges into the environment, while collaborating with the Center of Emissions Control.
Mr. Chiovitti is a member of the Order of Chemists since 1979 and graduated from the University of Montreal with a Bachelor of Science in Chemistry in 1967.
About Great Wall Builders, Ltd.
Great Wall Builders, Ltd. (operating as "Start Technologies Corp.") owns the exclusive manufacturing and distribution rights to the Start Fuel Efficiency and Emissions Device (FEED) unit, a patent-pending fuel-conditioning technology that reduces polluting emissions and increases mileage. The Company is in the process of commercializing the Start FEED unit, a new automotive aftermarket device that enhances engine performance by causing fuel to combust more efficiently and completely. The technology uses a high-voltage electric current to break long-chain hydrocarbon molecules into shorter, lighter more volatile molecules. The patent-pending device produces a number of important benefits, including lower emissions, reduced fuel consumption and improved engine performance. The technology works on all closed-combustion engines, including those used in cars, trucks, buses, trains and heavy equipment. For more information please visit www.StartTechnologiesCorp.com.
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.