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Strategies & Market Trends : LFWK - Loftwerks Inc.
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From: jmhollen6/2/2006 1:03:35 PM
   of 363
 
LoftWerks/Sulja Bros (LFWK) Announces Appointment of Interim President

WINDSOR ON, Jun 02, 2006 (MARKET WIRE via COMTEX) -- LoftWerks CEO (PINKSHEETS: LFWK) Steve Sulja announces today the appointment of Director General of Consultech Construction Management Inc.'s Director General Petar Vucicevich as Sulja Bros. Interim President. In his statement, Mr. Sulja says, "Leo Meloche has temporarily resigned from the position of President of Sulja Bros. to allow for a smoother transition of the Sulja/LoftWerks vehicle for its eventual merger with Consultech's Midwest Operations."

Mr. Sulja at the same time stated, "This is indeed a solid move towards making our process easier. With the appointment of Mr. Vucicevich as our Interim President, the time frame for the merger process has been cut into almost half."

Mr. Vucicevich will retain his position as Director General of Consultech Construction Management Inc., but will be working closely with the Sulja Bros. to allow efficient functioning of normal business as well as the public merger process. Mr. Vucicevich stated, "I look forward to working closely with the existing Sulja Board and helping with the merger and expansion plans. Also, this will benefit all investors with the GFYM factor."

For further details, contact Kore International.

SOURCE: LoftWerks, Inc.

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