World News: 14:00 GMT Thursday 6th December 2018. [Earth Gen-BioFuel Inc. via Globe Newswire via SPi World News]
Las Vegas, NV, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Earth Gen-BioFuel (OTC:EGBB), “EarthGen” or “the Company”, announces that it has engaged Dr. Niccolo Caderni to direct the company’s operations in Europe.
Dr. Cademi will head our international operations for sourcing, supply and marketing operations in Europe. This will position the company for housing projects inside the EU and as well as direct access to natural raw materials and innovative construction technology. We believe that there is a growing demand for Tiny Homes in the EU and Earth Gen wants to be in a position to address this growing market as a complement to our fabrication and marketing plans in the US.
We are planning to open offices near the financial district in London during the first quarter of 2019. Earth Gen plans to enter into exclusive agreements with a wood fabricator that has developed proprietary labor saving modular wall panels, a key component in reducing the production costs of our Tiny Homes. We plan to use the panels in our Tiny Home construction process to deliver unique floor plan options and at the same time reduce engineering and labor costs.
Robert Hayes CEO, stated, “having offices in Europe will diversify our international exposure to new construction technologies and provide a platform for our sales efforts in the EU recreational housing market and sales of our affordable housing units in countries around the globe”.
Dr. Niccolò Caderni, Director of European Strategies, is the recipient of the 1978 Award of the Italian Physical Society for his research on General Relativity. Dr. Caderni has held academic positions at Cambridge University, the University of California, and the University of Pavia, amongst others. In the mid 1980’s, Niccolò developed an interest in the then nascent field of technology transfer, and developed his career as a technology strategist.
Dr. Caderni has held positions as a senior investment banker at Bankers Trust International, a Managing Director at Phillips, then the third largest auction house in the world, and a Senior Advisor to the Bentinck Thyssen family. He also served on the Board of the Centre for European Policy Studies in Brussels. In 1997 Dr. Caderni co-founded IPG AG, a technology incubator with a portfolio of new media companies focusing on the delivery of digital content, and in 2000 was elected Chairman of the Board of Webiz Holding BV, the private equity fund of the Italian utility giant ENEL, Europe’s second largest energy provider.
Earth Gen-Biofuel Inc. plans on basing its main manufacturing facilities in the U.S. and addressing domestic and international needs for affordable living housing units. The Company’s goal is to deliver high quality low cost dwelling units that employ technology that works for owners of our homes and meets the requirements of sustainability for our environment and the locations where our units form new communities. Please visit our introductory web site at .
This press release may contain “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the Company’s actual results. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. Further caution is given as the Company is not current with its public disclosures and limited information about the Company’s financial condition or operations is available to investors adding additional risk to potential investors.
Robert GartzmanPhone 800-991-8190
Globe Newswire: 14:00 GMT Thursday 6th December 2018
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