FirstGrowth Exploration & Development Services Corp.
TSX VENTURE : FGC
OTC Bulletin Board : FGCDF
FRANKFURT : G8Q

FirstGrowth Exploration & Development Services Corp.

December 12, 2008 09:30 ET

FirstGrowth Changes Name to Kinetex

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 12, 2008) - FirstGrowth Exploration & Development Services Corp. (TSX VENTURE:FGC)(OTCBB:FGCDF)(FRANKFURT:G8Q) (the "Company") announced today that it has changed its name to Kinetex Resources Corporation. The name change, which is effective immediately, is accompanied by the name change of its 100% owned subsidiary, Kinetex Inc., to Kinetex Multi-Component Services Inc.

Effective December 15, 2008, the Company will begin trading under the ticker symbol "KTX" on the TSX Venture Exchange. The Company addresses and telephone numbers remain unchanged. The Company's website will be available at www.kinetex.ca.

"Kinetex has been providing leading edge technology and service excellence to its clients for over a decade", stated Gil Schneider, Chief Executive Officer. "Unifying the companies under one brand name is a logical step in the development of the business."

About Kinetex

Kinetex is an oil, gas and mineral exploration services company with offices in Vancouver, BC, Calgary, Alberta and Bogota, Colombia. Through its subsidiaries, Kinetex provides data-rich high resolution subsurface images - essentially a brand-new exploration tool - to the energy, metals and minerals exploration and development industries.

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. The company seeks safe harbour.

Contact Information

  • Kinetex Resources Corporation
    Gil Schneider
    CEO
    (604) 484-5761 or Toll Free: 1-888-484-5761
    (604) 484-5760 (FAX)
    Email: gil@kinetex.ca
    Website: www.kinetex.ca