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Amiworld's Odin Group Participates in "Colombia Responsible"
NEW YORK, NY - 10 July, 2009 - Amiworld, Inc. (OTCBB: AMWO; BSX: AMI.BH), participated in "Colombia Responsible", an event that took place at the International Center of Business in Bogota on 24 June through 26 June, 2009. This year's event, which featured opening remarks from Mr. Ãlvaro Uribe Vélez, President of Republic of Colombia, focused on labor standards and working conditions.
Event held in Bogota highlights social responsibility and development
At the event, Odin Group, the Chamber of Commerce, and Santa Marta´s Port Company, maintained a booth that was one of the most visited.
During the conference, Ingrely VeitÃa Machado, Director of Amiworld, Inc., explained that social responsibility is one of the core values of Odin Group/Amiworld and is central in all business decisions made by the company's Board of Directors. In addition to the community and the company's shareholders, social responsibility guides Amiworld's human resources policies and programs. She said, "At Odin Group/Amiworld, our commitment to social responsibility is demonstrated in our human resources policies, which are modeled after Japanese policies. For example, we offer lifetime employment to our employees. When we recruit someone we do so with the thought that the person will become part of a large multicultural family that is working for a common goal. As such, we view our employees as our company's most important assets."
Ms. Veitia Machado concluded, "Through our commitment to social responsibility, we also seek to find answers to the social problems of the communities where the company has operations. For example, we have assisted victims of recent natural disasters and have helped repair schools in Santa Marta and Magdalena. In addition, through the expansion of our operations in Colombia, we offer employment opportunities for people who live in poverty. We look forward to continuing the part we have played in furthering Colombia's economic development."
About Amiworld, Inc.
Amiworld, Inc. (www.amiworld.com) is a high growth New York-based international energy company engaged in the production and distribution of alternative and traditional energy products and services. With state-of-the-art biodiesel plant and petroleum refinery, and distribution facilities in Colombia, South America, the Company is capitalizing on the worldwide energy demand with diversified products and services including biodiesel, petroleum diesel, international oil trading and the shipping of oil and fuel products with an initial principal focus on economies in South America. With an overriding commitment of building shareholder value, Amiworld continuously evaluates opportunities to drive revenues and earnings growth through its current operations and through strategic acquisitions.
In addition to its other business endeavors, Amiworld is the owner and operator of the only government certified biodiesel plant in Colombia. The Company believes it is well positioned to capitalize on its unique government status as a result of the Colombian government's aggressive biofuels initiatives mandating a 5% biodiesel mix by 2008 and 10% by 2009. With global biofuels demand projected to grow by 20% annually to 92 million tons by 2011, Amiworld intends to significantly increase its market penetration in South America, Asia and the US.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of AMWO could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Contact:
Makovsky + Company (212) 508-9676