Great Wall Builders (GWBU) Completes Successful Testing With Cuticonsai Italy
June 27 2012 - 6:51AM
Marketwired
Great Wall Builders Ltd. (OTCBB:GWBU) (or "the Company"), operating
as "Start Technologies Europe s.r.o.", is pleased to report the
successful completion of field testing by Cuticonsai Group of
Italy.
Cuticonsai conducted field tests on the Start Fuel Efficiency
and Efficiency Device (FEED) technology which resulted in increased
operating profits by achieving an average 8% fuel savings and meets
strict European Low Emission Zone (LEZ) requirements.
Cuticonsai provides transportation services for commercial
goods, construction material and waste management services with a
fleet of over 600 trucks in Italy. Cuticonsai has ordered an
additional 100 Start FEED units at a cost of 1,125 Euro per unit,
for its fleet roll-out to be delivered in the next 4 weeks.
Cuticonsai is a member of the "National League of Cooperatives
and Mutual" (or "Legacoop") the oldest Italian cooperative
organization. Since 1886, Legacoop has worked to promote the
development, cooperation, solidarity and economic relations of its
members. Legacoop is active in industry sectors including
distribution, construction, agro-food, services, manufacturing, and
the association has given rise to major companies operating in
insurance, finance and credit. Legacoop assists and protects the
cooperative with developing economic strategies and policies and
adheres to the ACI, International Cooperative Alliance. The Company
agreement is with Cuticonsai, not Legacoop and any future
agreements, if any, will be negotiated with members of Legacoop
individually.
The association is 1,500 members strong, representing 144,880
employees and over 2,900,000 companies, who generate a total yearly
turnover of 28.75 billion Euro. There are over 1,500,000
transportation trucks in the associations representing almost one
third of a total of 3.9 million trucks circulating in Italy.
"Working with Cuticonsai and the national Legacoop group is an
important first-step entering the Italian trucking industry and
proving our technology to the global market." States Mr. Daniele
Brazzi, CEO and President of GWBU. "We look forward to reporting on
our strong and continued business development activities over the
coming days and weeks."
About The Start Fuel Efficiency and Emissions Device (FEED)
The Start Fuel Efficiency and Emissions Device (FEED) is a
patent-pending, fuel-conditioning technology that reduces fuel
consumption and polluting emissions, while increasing engine
horsepower. The Start FEED technology discharges a high-voltage
electric current at a specified frequency and wavelength into fuel
at ambient temperatures prior to its entry into the engine. Using a
patent-pending technology, this high-voltage electric current
breaks long-chain hydrocarbon molecules into shorter, lighter more
volatile molecules.
This process is known as "cracking" in the petroleum refinery
industry, where it is used to convert feedstock oil into gasoline,
diesel and other products, including butanes, propane, propylene,
ethane and methane. When conventional gas and diesel fuels are
reconditioned by the Start FEED unit, they become more flammable
and burn more completely in the combustion chamber. The technology
can be applied to a variety of different types of engines, both
diesel and gasoline powered, heavy equipment as well as consumer
vehicles.
About Cuticonsai Group
For more information on Cuticonsai please visit,
http://cuticonsai.it/.
About National League of Cooperatives and Mutual
("Legacoop")
For more information on National League of Cooperatives and
Mutual ("Legacoop") please visit, http://www.legacoop.it/.
About Great Wall Builders
Great Wall Builders (OTCBB:GWBU), operating as "Start
Technologies Europe s.r.o." ("Start Technologies"), owns the
exclusive manufacturing and distribution rights to the
patent-pending Start Fuel Efficiency and Emission Device (FEED), an
aftermarket device for internal combustion engines that enhances
performance by causing fuel to combust more efficiently and
completely. For more information, please visit
www.StartTechnologiesCorp.com.
Safe Harbor
This press release may contain forward-looking statements with
respect to business conducted by Start Technologies Europe s.r.o.
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.
Contacts: For investor relations please contact: Champions
Financial 1 (813)
996-5658bobchristian@championsfinancial.combrittchristian@championsfinancial.com