EAPI Entertainment, Inc. announces new President and CEO
EAPI Entertainment, Inc. announces new President and CEO
EAPI Entertainment, Inc. (Name to be changed to Organic Recycling Technologies, Inc.)
Listed: OTC BB Trading Symbol: EPEI
BURNABY, BC, Jan. 31 /PRNewswire/ -- EAPI Entertainment, Inc. (The "Company") (OTC BB: EPEI) is pleased to announce that Ralph Petruzzo has joined the Company and been appointed as President and CEO.
Ralph Petruzzo has over 20 years of experience in waste management and organic and solid waste technologies and brings with him a group of dedicated and knowledgeable individuals combining decades and decades of experience in the waste management and recycling industry. Mr. Petruzzo and this entire group's skill and expertise combined together will propel the Company forward to success. Mr. Petruzzo has operated numerous successful waste management and recycling companies in the United States. Mr. Petruzzo knows the majority of the owners and operators of the transfer stations in the New York Area. Mr. Petruzzo has the hands on experience and know how in the waste management and recycling industry. Mr. Petruzzo has worked directly and indirectly with most major waste companies in North America. Mr. Petruzzo has researched hundreds of recycling, municipal wastewater and solid waste technologies, operated waste hauling, transfer stations and soil businesses, has been involved with land and property development and operated private recycling technology companies. In addition to his vast experience Mr. Petruzzo has a global network of contacts with people experienced with public companies in countless industries and businesses including waste management and organic recycling. Mr. Petruzzo has built and established the network, contacts, wherewithal and the leadership skills required to be the visionary needed to lead this public Company to success.
"I am the new President and CEO of Organic Recycling Technologies Inc." Mr. Petruzzo stated. "I have been in the industry for over 2 decades and have seen waste disposal and recycling fees rise to highs and drop to lows. In today's stable market this volatility no longer exists and prices have steadily risen on this solid foundation. The opportunity to move ahead is now. I have the vision, network and leadership and bring with me a dedicated group to achieve the maximum return for the shareholders."
Peter Gardner has resigned as President and CEO of the Company on January 28, 2005. Mr. Gardner remains a director and is looking forward to working with Mr. Petruzzo.
About Organic Recycling Technologies Inc.
The Board of Directors approved the Company to change its name on January 21, 2005 to Organic Recycling Technologies, Inc. This change gives the Company the direction and establishes a clear message for all of its business efforts in Organic Recycling Technologies. The Company is incorporating the best technologies in the waste and recycling industries, so it has the best solutions today and tomorrow. The Company is in the process of completing all required filings for the name change and will provide updates on our progress.
Forward-Looking and Cautionary Statements:
Certain statements contained herein, including, without limitation, statements containing the words "believes", "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 27A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EAPI Entertainment, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. EAPI Entertainment, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments
For further information please contact (604) 419 - 0430.
On behalf of the Board of Directors of: EAPI Entertainment, Inc.
"Chad Burback"
Chad Burback, Director
Source: EAPI Entertainment, Inc.
CONTACT: (604) 419-0430
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