RICHMOND, B.C., Canada, Jan. 20, 2004 (PRIMEZONE) -- Globetech Ventures Corp. (the "Corporation") (OTCBB:GTVCF), has retained the services of a consultant in Geneva, Switzerland, to advise and assist it in implementing a program to broaden Globetech's retail and institutional shareholder base in Europe, and to pursue institutional financing initiatives. The Corporation will also be seeking a listing on the Frankfurt Exchange as part of this program.
The Corporation is pleased to announce the appointment of Mr. Isaac Moss to the Board of Directors. and the position of Secretary of the Corporation. For the past fifteen years Isaac Moss has provided consulting services to companies in diverse industry sectors ranging from telecommunications, forest products, industrial minerals, chemicals, resource, entertainment and leisure. Mr. Moss has international management and business operational experience having been involved at a senior level with companies both listed and private, in France, the United States, Canada and Bermuda. His experience on a multinational level of investment banking and institutional finance, corporate governance, as well as regulatory and related securities matters, will strengthen Globetech's management team.
Legal Notice Regarding Forward Looking Statements
Certain of the statements contained herein may be statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.
It is important to note that the Corporation's actual outcomes may differ materially from those contained in the forward looking statements contained in this press release. Although the Corporation believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures outlined in the Corporations public filings with the Securities and Exchange Commission.