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Margani AG: Margani AG Board of Directors to Shape New Coatings Industry Landscape
Margani AG / Change of Personnel Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Margani AG Board of Directors to Shape New Coatings Industry Landscape Toronto, Ontario, April 6, 2009 - Margani AG (MRN) the parent holding company for its forward thinking coatings manufacturing and development corporation, Alternative Paint Technologies Inc. or ('APT'), has appointed its new Board of Directors today in anticipation of its global launch of the world's first true One Coat paint. After years of development, the Margani brothers have now pioneered the formulas that will steer the paint industry and their most recent venture - APT Paints well into the future. The Board of Directors will consist of Roberto Margani as Chairman and four Directors in Senator James F. Kelleher, Gennaro Stammati, Vincent Ursini and Dr. Stephen Eschmann. This assembled team blends distinguished careers with a wealth of knowledge and information as the individuals have all been entrepreneurial leaders in their own right. 'The ability to take next steps in predicting the future of your industry is imperative in maintaining your market edge', said Roberto Margani, CEO and Chairman of Margani AG. 'Refining your focus to keep your product relevant and advancing is what our Board of Directors will be able to achieve given the cumulative backgrounds of each individual.' Margani AG's Board of Directors compiles and arranges experiences through a global perspective in the legal, federal government relations, international trade and financing, off-shore lending, international banking and accounting, trade policy and development and the global coatings fields. This amalgam will equate to an unprecedented business enterprise for the coatings industry coupled with the ground-breaking technology that is Margani AG's APT One Coat paint. The members of the Board of Directors have all committed their enthusiasm and business acumen to the choice in being a part of history for an industry that has predicted such a paint technology and for a company in Margani AG that has actually delivered it. About Margani AG Margani AG (http://www.marganiag.com) is a global leader in industrial coatings innovation by breaking down barriers as a fundamental requirement and obligation towards the pursuit of long-term advancements in the coatings industry. Margani AG with its commitment to a permanent emphasis on leading Research and Development focuses on the mission of reconnecting the strength of the paint industry to its market through the most significant progression in the field of coatings since latex paints- the world's true One Coat paint. Margani AG provides a process through which the product is developed with both the right combination of specially selected raw materials and a careful monitoring of the mixing process. This allows the ingredients to form this breakthrough solution, resulting in an end product that is a primer, sealer and top coat all in one, allowing contractors, home improvement specialists and do-it-yourselfers to achieve professional results in a single coat. At Margani AG our Business Mission is to develop paint products that will continually advance the industry by simplifying the painting process with an enduring commitment to conserving the environment. For more information about Margani AG please visit: www.marganiag.com Forward-Looking Statement Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as 'Forward-Looking Statements' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward Looking Statements may be identified by words including 'anticipate', 'await', 'envision', 'foresee', 'aim at', 'believe', 'intends', 'estimates' including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. Contact: info@marganiag.com 07.04.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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