SOURCE: Global Business Services

November 09, 2007 10:36 ET

Energetics Holdings, Inc. Now Trading Under Symbol "ENRH"

FORT WORTH, TX--(Marketwire - November 9, 2007) - Global Business Services, Inc. (PINKSHEETS: GBNS) today announced the company is now trading under the new ticker symbol (PINKSHEETS: ENRH) on a split-adjusted basis.

This new ticker symbol was issued in connection with the previously announced name change and reverse stock split (see press release dated October 10). The new CUSIP Number is 29268Q 108.

As previously announced, concurrently with the reverse stock split, the company has changed its name from Global Business Services, Inc. to Energetics Holdings, Inc.

"This marks the culmination of Global's transition into the energy sector, and we can now look forward to Energetics' emergence as a formidable presence among independent energy companies," stated Rodney Peterson, President of Energetics Holdings, Inc.

For more information visit: www.Energetics.biz

About Energetics Holdings, Inc.

Energetics Holdings, Inc. is an energy resource company that is committed to evaluating energy resource properties, the acquisition of existing production and subsequently, drilling oil and natural gas reserves in the mid-continent and gulf coast regions of the continental United States. For more information visit: www.Energetics.biz

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Contact:
    Investor Relations
    Tom Kudlawiec
    480-240-1700