VANCOUVER, April 18 /CNW/ - Globetech Ventures Corp. (the "Company")
(OTCBB: GTVCF), is pleased to announce that Kanwal Sachdeva has been
appointed as the Chief Executive Officer ("CEO"). Kanwal has been with
the Company for several years as an independent director. He is a
practicing acupressurist and a businessman in Vancouver B.C. Casey
Forward, both the previous CEO and Chief Financial Officer ("CFO") has
consented to remain as CFO.
On behalf of the Board of Directors,
This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that
involve risks and uncertainties. Although the company believes the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its expectations
will be achieved. Factors that could cause actual results to differ
materially from expectations include the effects of general economic
conditions, actions by government authorities, uncertainties associated
with contract negotiations, additional financing requirements, market
acceptance of the Company's products and competitive pressures. These
factors and others are more fully discussed in Company filings with
U.S. securities regulatory authorities.
SOURCE Globetech Ventures Corp.
For further information:
Suite 1130 - 789 West Pender Street, Vancouver, BC, V6C 1H2, Tel: 604 641-4461 Fax: 604 669-9335