SOURCE: Energetics Holdings, Inc.

December 13, 2007 12:40 ET

Energetics Holdings, Inc. Retains New Auditor

Application to Electronic Bulletin Board Expected in the Near Future

FORT WORTH, TX--(Marketwire - December 13, 2007) - Energetics Holdings, Inc. (PINKSHEETS: ENRH) today announced it has retained Jewett, Schwartz, Wolfe and Associates as its new auditor.

"We anticipate the change in auditors will expeditiously enable Energetics to become current in its SEC filings and attain fully reporting status. At which time, we will immediately apply to the Electronic Bulletin Board," stated Rodney Peterson, President of Energetics Holdings, Inc.

"I am pleased, as this engagement moves Energetics much closer to accomplishing a stated goal that will serve as a major benchmark in our growth as a public company," added Mr. Peterson.

About Energetics Holdings, Inc.

Energetics Holdings, Inc. is an energy resource company 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.

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

  • Investor Relations
    Tom Kudlawiec
    480-240-1700