Grand Power Logistics Group Inc.
TSX VENTURE : GPW

Grand Power Logistics Group Inc.

June 19, 2008 07:30 ET

Grand Power Named to 2008 TSX Venture 50™

CALGARY, ALBERTA AND HONG KONG, CHINA--(Marketwire - June 19, 2008) - Grand Power Logistics Group Inc. ("Grand Power" or the "Company") (TSX VENTURE:GPW) today announced that it was named to the 2008 TSX Venture 50™, a ranking of Canada's top emerging public companies listed on TSX Venture Exchange.

"We are very pleased to be recognized as part of the TSX Venture 50," said Ricky Chiu, President and CEO of Grand Power. "Our significant growth to date has been supported in part by our access to the Canadian capital markets. As one of the growing number of successful China-based, TSX and TSX Venture - listed companies, we look forward to continuing to deliver value to our shareholders."

The TSX Venture 50 are the top 10 companies in each of five major industry sectors (mining, oil and gas, technology and life sciences, diversified industries and cleantech), based on a ranking formula that includes revenue, return on investment, market cap growth, and trading volume.

"We are very proud to announce the 2008 TSX Venture 50 to celebrate the achievement of our issuers," said Kevan Cowan, President, TSX Venture Exchange. "The impressive list of companies demonstrates that the TSX Venture Exchange is a unique incubator for public companies, and the companies in the TSX Venture 50 are proof that this market is working."

The 2008 TSX Venture 50™ was compiled based on public historical data and is not an invitation to purchase securities listed on Toronto Stock Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not endorse or recommend any securities referenced in this ranking. Neither TSX Group Inc. nor its affiliated companies represent, warrant or guarantee the accuracy or the completeness of the information. You should not rely on the information contained in this news release for any trading, business or financial purposes. TSX Group Inc. and its affiliates assume no liability for any errors or inaccuracies in this news release or any use or reliance upon this information.

About Grand Power Logistics Group Inc.

Grand Power Logistics Group Inc. operates principally through its wholly owned Hong Kong based subsidiary, Grand Power Express International Limited (GP Express), and provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services. GP Express has established operations in various regions, particularly in the Greater Pearl River Delta (GPRD), China's largest economic region. GP Express' Subsidiaries or Branch Offices in this region are located in Macau, Shenzhen, Guangzhou, and Jiangmen. GP Express also operates in other regions through Subsidiaries and Branch Offices or Supporting Offices in Shanghai, Taipei, Bangkok and Los Angeles.

Forward-looking statements: Statements included in this press release that are not historical facts may be considered "forward looking statements". All estimates and statements that describe the Company's objectives, goals or future plans are forward looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

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

Contact Information