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GreenWorld Develops New Anti-Malaria Strategy for Kenya


Published on 2011-05-23 13:31:33 - Market Wire
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WEST PALM BEACH, Fla.--([ BUSINESS WIRE ])--As announced earlier, GreenWorld Development, Inc. (OTCBB: FRXP), a developing player in the global market for environmental health and energy products, is in joint venture discussions to build affordable and environmentally friendly housing in Sub-Sahara Africa. GreenWorld has developed with its Italian pharmaceutical joint venture partner a unique new technology to ferment and impregnate building panels and building blocks with anti-mosquito repellents. aMalaria remains to be a major threat to mankind worldwide, especially in Africa,a GreenWorld-CEO Leo J. Heinl says. aIn Kenya, every year 34,000 of children in the age of five and younger die because of Malaria a" about 100 per day! We at GreenWorld trust that this technology will become a major step in the fight against malaria.a The repellent will be made available to building contractors, Government and health organizations.

"In Kenya, every year 34,000 of children in the age of five and younger die because of Malaria a" about 100 per day! We at GreenWorld trust that this technology will become a major step in the fight against malaria."

The toxin (which is not dangerous to humans) will need to be replenished every 2 years. GreenWorld therefore expects a continuing income stream from both primary supplies as well as from the repeat bi-annual replenishment.

GreenWorld Development, Inc. is listed on the US OTC Bulletin Board (Symbol: FRXP). The company is dedicated to develop innovative, competitive and sustainable products for efficiency goods and services and to support the "Smart Green Economy". Its main focus is pharmaceutical/healthcare, carbon emission technologies and trading, R&D in alternative, sustainable, innovative, competitive and environmentally friendly technologies along with emerging market consultancy.

Forward Looking Statement - This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

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