AccelRate Power Systems Inc.
TSX VENTURE : APS
FRANKFURT : KCG

AccelRate Power Systems Inc.

September 06, 2007 12:33 ET

AccelRate Retains Comus Capital Group

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2007) - AccelRate Power Systems Inc., (TSX VENTURE:APS)(FRANKFURT:KCG) a Canadian company focused on the development and commercialization of energy technologies and having developed the world's most advanced "High-Speed" battery charging technology that reduces charging time by as much as 80 percent, has retained, subject to TSX Venture Exchange acceptance, Comus Capital Group as the company's investor relations consultant.

Comus Capital Group will provide investor relations for an initial period of three months, and will be paid $5,000 per month, plus GST and allowable disbursements. Additionally, Comus Capital will receive incentive stock options, subject to regulatory approvals, exercisable for a total of 100,000 common shares at an exercise price of $0.18.

About AccelRate:

AccelRate's proprietary charging technology functions effectively with batteries of all conventional chemistries and sizes in industrial and transportation applications. AccelRate's technology provides customers with up to 80% decreased charging time, increased battery lifetime due to improved heat management, and decreased energy use.

AccelRate Power Systems is headquartered in Vancouver, BC. AccelRate's shares trade on the TSX Venture Exchange (symbol APS), and on the Frankfurt Exchange (symbol KCG).

ACCELRATE POWER SYSTEMS INC.

Reimar Koch, President and CEO

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not undertake any duty to update any forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information