Hilbroy Advisory: Egypt military says presidential election this year

Montreal, Quebec, March 30, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Egypt will elect a new president by the end of the year, the ruling military council said on Wednesday, laying out more details of the political transition which Egyptians hope will produce a democratic government.

 

The new head of state would be elected a month or two after parliamentary elections scheduled for September, said Mamdouh Shaheen, a member of the military council which has governed since popular protests toppled Hosni Mubarak on February 11.

 

Candidates for the position held by Mubarak for three decades include Arab League Secretary General Amr Moussa and former U.N. nuclear watchdog Chief Mohamed ElBaradei, both civilians seeking a job held by former military men since the 1950s.

 

The election will be held according to new rules that open up competition for the position and limit presidents to two, four-year terms. Mubarak was in his fifth, six-year term when he was swept from power by a mass uprising.

 

The turmoil of the last two months has harmed Egypt’s economy, dealing a blow to tourism among other industries. Reflecting uncertainty, the Egyptian pound is at six-year lows against the dollar.

 

About Hilbroy Advisory Inc.

Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.

Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking

  • Go Public strategy,
  • Debt and or equity financing
  • Identify prospective investors
  • Hire investor relations firm
  • Cross listing decisions
  • Planning road-shows and promotional campaigns.

Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.

 

Contact:

Jean François Amyot

HilbroyAdvisory, Inc.

1400 rue Begin

Montreal, QC H4R 1X1

www.hilbroyadvisory.com

Tel: 514-334-3131

 

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as “anticipates”, “believes”, “could”, “expects”, “intends”, “may”, “should” and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

About jfamyot1@gmail.com

Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.