SOURCE: Terminus Energy, Inc. (Quintessence Holdings Inc.)

December 04, 2009 14:30 ET

Terminus Energy Inc. Announces Ticker Symbol Change


TORRANCE, CA--(Marketwire - December 4, 2009) - Terminus Energy Inc. (PINKSHEETS: QUIN) today announces that effective at the opening of trading today, Terminus Energy Inc. (PINKSHEETS: QUIN), formerly called Quintessence Holdings Inc., will begin trading under the new symbol (PINKSHEETS: TMGY). The Company's shares will continue to be quoted on the Pink Sheets under the new symbol; with the symbol change reflecting the Company's previously announced name change.

Terminus Energy Inc. is developing next generation fuel cell technology for utilities. Our mission is to be the preferred distributed energy generation platform supplier for our utility customers. The Terminus Energy's system provides many benefits to prospective electric power providers; including commercial utilities, industrial customers and the military. Terminus Energy believes it has the advantage of low installation costs, low operational costs, low carbon generation and minimal environmental impact. The product is also energy efficient and scalable, allowing any provider to incrementally grow capacity based upon their specific needs. Terminus Energy provides an environmentally friendly, yet cost competitive, power generation option able to compete head-to-head with current generation platforms.

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This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.

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