SOURCE: Gold Rock Holdings

February 26, 2008 10:31 ET

Gold Rock Holdings, Inc. (GRHI) Updates Company Subsidiary

ENCINITAS, CA--(Marketwire - February 26, 2008) - GOLD ROCK HOLDINGS , INC. (GOLD ROCK) (PINKSHEETS: GRHI) announced today that representatives from Renewable Energy Resources will travel to Texas in early March to research the Company's potential for wind turbine generation.

A recent New York Times article said that Texas, once the oil capital of North America, is rapidly turning into the capital of wind power. More than 3% of Texas' electricity, sufficient to supply power to one million homes, comes from wind turbines. Texans are even turning tapped-out oil fields into wind farms, and no less an oil man than Boone Pickens is getting into alternative energy. Pickens said, "I have the same feelings about wind as I had about the best oil field I ever found." He is planning to build the largest wind farm in the world. Installed wind capacity in the United States grew 45% last year. Amid rising concern about greenhouse gasses from coal-burning power plants, wind power is booming.

"Although wind turbine power will be the Company's primary focus while in Texas, solar energy will also be explored," stated Merle Ferguson, Chairman of the Board.

GOLD ROCK HOLDINGS, INC. presently consists of three existing subsidiaries: Z-MIX HOMES, INC., Composite Industries, Inc., and Renewable Energy Resources, LLC. The Company is currently seeking financing for each of its subsidiaries.

For further about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Contact Information

  • CONTACT:
    Rich Kaiser
    Investor Relations
    YES INTERNATIONAL
    #800-631-8127