WARSAW, Poland, Aug. 16, 2013 (GLOBE NEWSWIRE) -- Press Ventures Inc. (OTCQB:PVEN) ("Press Ventures" or the "Company"), is pleased to announce that it has appointed Mr. Edward Denkiewicz as its new CEO and director. Mr. Denkiewicz has extensive experience in building and infrastructure development throughout Europe and Asia. He has also been involved in multiple diplomatic assignments in Moscow, Shanghai, and Poland.
Prior to joining Press Ventures as CEO, Mr. Denkiewicz worked for eight years with Novomatic Group where he was in charge of business development for the China and Asia region. During this time, Mr. Denkiewicz opened the first operating casino in mainland China. Novomatic Group is now one of the largest integrated gaming companies in the world operating over 215,000 gaming machines in more than 1,400 casinos, electronic casinos, and sports betting outlets worldwide.
Mr. Denkiewicz has also been involved in infrastructure development projects in Poland, as well as commercial construction companies in Europe and Asia. During his work with construction companies, he became interested in air quality, bio-safety, and the technology employed by builders to ensure clean air and to protect against airborne bacteria and viruses. Consequently, as the CEO of Press Ventures, Mr. Denkiewicz is expecting to refocus the Company's business to providing bio-safety solutions to builders and operators of commercial, residential, and agricultural buildings.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, references to novel technologies and methods, our business and product development plans and projections, or market information. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products or technologies and operating as a development stage company, our ability to retain important members of our management team and attract other qualified personnel, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, our ability to develop and commercialize products based on our technology platform, and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov .
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