Gold Hill Resources Inc. (fka GULD)

[Rhubarb]

Notos to Joint Venture With Eurowatt-Commerce

November 3, 2008 - 9:36 AM EST
Green Star Alternative Energy Announces Notos to Joint Venture With Eurowatt-Commerce
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE) announces Notos d.o.o. to partner with Eurowatt-Commerce of Belgium. This private European power trading and marketing company will joint venture with Notos to service the Republic of Serbia’s electricity market. In addition, this strategic alliance will increase Notos’ network of potential clients throughout Europe and allow for greater and more rapid expansion.

Eurowatt-Commerce is a leading independent pan-European company specializing in electricity marketing and trading, project financing, and energy consulting. It was founded in 1991 and, unlike many other companies in the field, was operating before competition in continental Europe was introduced. As a result, Eurowatt-Commerce is recognized throughout the industry as one of the pioneers of liberalized electricity markets. With an unrivalled experience of working in a competitive environment and developing new products and services, Eurowatt-Commerce is an ideal partner.

The final particulars that outline this collaboration are nearing completion. Contracts for this partnership are to be executed within the next two weeks in Brussels, Belgium.

On behalf of Eurowatt-Commerce, Alan Friedman stated: “We know how to create a collaborative environment that is necessary for success. This partnership approach is the most effective way to generate improved results.”