MIAMI, FLORIDA--(Marketwire - June 4, 2012) - Great Wall Builders, Ltd. (GWBU - News) is pleased to report on the initial pilot test results from two (2) independent tests conducted in Trinidad and Tobago using the Company's patent-pending Start Fuel Efficiency and Emission Device (FEED) units.
The first test was conducted by Trinidad and Tobago's Public Transport Service Corporation ("PTSC") on two (2) different buses. The first bus showed an improvement in mileage of 46.5%, while the second vehicle showed an increase of 17.96%. Although still a significant improvement, the PTSC noted that the second bus was a much older vehicle than the first, and in need of minor mechanical repairs. They further advised that they expected even greater improvement in fuel economy once the second bus engine was repaired and tuned.
The second test with the Ministry of Works and Transport Environmental Health and Safety Unit, was conducted on a Kia Sorrento with a 2.9 liter gasoline engine. Fuel mileage was assessed at a low RPM (approximately 800RPM) and higher RPM (approximately 2,000RPM).
At the lower RPM, the Start FEED unit produced an increase in mileage of 63.64%, while at the higher RPM an improvement of 38.57% was recorded.
"We are extremely pleased with the results. They clearly demonstrate the effectiveness of our technology in creating significant fuel savings, especially important with today's climbing fuel prices," said President and Chief Executive Officer Mr. Daniele Brazzi. "This is an exciting opening for the Company in the Caribbean markets which face distinctive challenges in fuel refinement. We are looking forward to providing our shareholders with more exciting news in the days and weeks ahead."
About Great Wall Builders, Ltd.
Great Wall Builders, Ltd. (operating as "Start Technologies Europe I.G." or "Start Technologies") owns the exclusive manufacturing and distribution rights to the 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. 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 can be applied to a variety of different types of engines, both diesel and gasoline powered, heavy equipment as well as consumer vehicles. For more information, 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.