Canadian Oilfield Solutions Corp.: Name Change

CALGARY, ALBERTA--(Marketwire - Oct. 16, 2012) - Canadian Oilfield Solutions Corp. (TSX VENTURE:OTS) (the "Corporation") is pleased to announce that effective at the opening of markets on Wednesday, October 17, 2012, the common shares of the Corporation will commence trading on the TSX Venture Exchange under the name, "Canadian Oilfield Solutions Corp." The stock symbol will remain "OTS".

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state of the United States or any other jurisdiction outside of Canada in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the U.S. Securities Act of c1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act of 1933 and applicable state securities laws.