ORLANDO, Fla., Sept. 13 /PRNewswire-FirstCall/ -- GMC Holding Corp.
(OTC Pink Sheets: GMCC) announces the selection of Dan York as interim
Investor Relations representative. "We have an immediate need for clear and
precise dissemination of information to the public and we feel that there is
no better qualified candidate for this position at this time. Mr. York has
been engaged in electronic circuit designs since his youth. In the 1970s he
hand-built working prototypes of personal computers and an actual working
orbiting satellite signal repeater that functioned until orbital decay. He
knows many of the pioneers in the field of super efficient electric motor
experimentation and has an outstanding comprehension of their varied
approaches to this endeavor. As a member of our Board of Advisors, he is well
versed in the technology of our design," said Bruce McKenzie, President of GMC
Holdings.
Mr. York commented, "I am pleased to accept this position in order to help
the investing public understand the importance of this innovative approach to
the need for reliable cheap energy. I can see the day when every motor and
power source are replaced by this scalable fuel-less and environmentally
friendly technology."
In our announcement Sept. 8, 2005, we indicated two markets for the first
application of our technology -- golf carts and utility vehicles. By no means
are these our only markets to consider, says Mr. York. We can scale these
motors to be as small as a heart pacemaker and large enough to power a city.
They can be constructed as small fractional horsepower motors to thousands of
horsepower. We have identified hundreds of markets for licensing worldwide.
We will enter these markets by manufacturing internally and/or licensing the
REMAT motor technology to various existing motor manufacturers of all possible
motor sizes limited only by the manufacturing capability of the licensee.
Mr. York is available for questions via email GMCCIR@dallastexas.net and
during normal business hours by phone: 214-675-2531.
Safe Harbor
Statements contained in this release that are not strictly historical are
"forward-looking" statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. The forward-looking statements are made based on
information available as of the date hereof, and the company assumes no
obligation to update such forward-looking statements. Editors and investors
are cautioned that such forward-looking statements invoke risks and
uncertainties, and the company's actual results may differ from these forward-
looking statements. Such risks and uncertainties include but are not limited
to demand for the company's products and services, our ability to continue to
develop markets, general economic conditions, our ability to secure additional
financing for the company and other factors that may be more fully described
in reports to shareholders and periodic filings with the Securities and
Exchange Commission.
SOURCE GMC Holding Corporation
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Related links:
http://www.gmcholdings.com
CONTACT:
Dan York, GMC Holding Corporation,
+1-214-675-2531, or GMCCIR@dallastexas.net
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