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| September 6, 2005 - Trading Symbol: ROTB.OB |
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Rotoblock Corp. Moves Headquarters From Canada to California,
Names New President, CFO |
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Company Recruits Management, Retains
Engineering Team to Accelerate Commercialization of Patented
Oscillating Piston Engine |
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| SANTA ROSA, Calif., Sept. 6, 2005
Rotoblock Corporation (OTC BB:ROTB.OB - News) announced today
the addition of key personnel and relocation of its corporate
headquarters as part of its efforts to accelerate
commercialization of its oscillating piston engine. Rotoblock
has moved its headquarters from Vancouver, British Columbia, to
Santa Rosa, California, and has named Matthias Heinze as
President and Tom Howard as CFO. |
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| Rotoblock says the relocation from
Vancouver, British Columbia, to California is a natural
evolution for the development of the engine technology. The
mechanical portion is close to completion and more financial and
human resources are being assigned to the project. Testing is
underway on Rotoblock's second generation Oscillating Piston
Engine with results to be announced. At the same time, the
Company has accelerated its efforts to complete the engineering,
manufacturing and marketing of the patented engine technology. |
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| To assist
in these efforts, Rotoblock is repositioning its talent and
adding to its management team. Matthias Heinze has been
named as President of the Company to fill the post left by
former President and CEO Peter H. Scholl. Thomas M. Howard
has been named as Chief Financial Officer to fill the
vacancy left by former Chief Financial Officer Lance Waymen. |
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| The
founding engineering team of Peter Scholl and Wilfred L. Chipman have signed consultant agreements to stay on with
the Company to assist with engineering, new product
development and completion of the engine. Mr. Scholl is an
accomplished engineer, designer and management professional
in a variety of complex fields in Canada and the U.S.,
including rotary and fixed wing aircraft, oil field
equipment, heavy equipment, water purification and
industrial facility management. Mr. Chipman is an electrical
engineer, educated at University of British Columbia in
Vancouver, Canada with extensive experience in product
development, electrical and electronic engineering and
manufacturing management. Among his many accomplishments,
Chipman designed and manufactured the first commercial color
video games in Canada. |
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| New Rotoblock President Matthias Heinze has an extensive
understanding of the oscillating piston engine and its
applications. Mr. Heinze is currently a Director of
Technology for TUV, a major U.S.-German corporation. For the
past 20 years he has been responsible for the growth of the
quality, medical, product safety and telecommunications for
the Industrial Machinery and Pressure Equipment divisions at
TUV. Mr. Heinze has over 20 years of experience in the
safety industry and holds Engineering Degrees from FH
Hamburg and FH Jena in Germany. |
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| Newly
appointed CFO Thomas Howard has owned and operated the
accounting firm Thomas M. Howard Certified Public Accountant
for the past 13 years. He has been the CEO of a public
company before, has been a CPA for the past 17 years and has
consulted with many public and private companies as CFO for
the past 15 years. |
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About Rotoblock Corporation
Rotoblock is solely focused on
the continued development and improvement of the Oscillating
Piston Engine to the state where its mechanical, ecological and
economic viability leads to the profitable licensing of the
manufacturer's rights to a proprietary patented design or a
partnership for its manufacture. The company was incorporated in
Nevada, is headquartered in Santa Rosa, California and has its
operating labs in Vancouver, Canada. The Company has full rights
to the patents of the original Oscillating Piston Engine and
believes the Rotoblock Oscillating Piston Engine has particular
and useful applications in developing countries such as China
and India and will be including these areas in the marketing and
commercialization phase of this engine. Visit Rotoblock's
corporate website for details about the company, technology, and
regulatory filings. The address is:
http://www.rotoblock.com. |
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Safe Harbour For Forward-Looking Statements
Except for statements of historical fact, the information
presented herein constitutes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include general economic and business
conditions, the ability to acquire and develop specific
projects, the ability to fund operations and changes in consumer
and business consumption habits and other factors over which
Rotoblock Corporation has little or no control.
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Rotoblock Corporation
Investor Relations
(877) 511-0110 |
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