Petro Field Industries Inc.

Petro Field Industries Inc.

April 20, 2007 11:17 ET

Petro Field Industries Inc. Pending Name Change to Tornado Technologies Inc.

CALGARY, ALBERTA--(CCNMatthews - April 20, 2007) - Petro Field Industries Inc. (TSX VENTURE:PF) ("Petro Field" or the "Company") is pleased to announce its pending name change to Tornado Technologies Inc. ("Tornado"). The change was supported and approved at the Annual General and Special Meeting of Shareholders held on April 13, 2007. The Company is now in the process of finalizing all legal requirements with the corporate and regulatory authorities, including the TSX Venture Exchange ("Exchange"). The Company expects to receive final approval for the transition from the Exchange within the next two weeks, at which time the Company will begin trading under the Tornado Technologies Inc. name with the stock symbol TDO.

The name change will also be accompanied by a corporate-wide re-branding initiative. "Combining all product lines under one company name will allow us to focus our marketing efforts and leverage the strength of Tornado's existing brand," said Miles Krowicki, Vice President of Marketing. "This is a major component of our strategic sales and marketing plan representing the successful integration of Tornado and Petro Field products."

Petro Field Industries Inc. is a Calgary, Alberta-based designer and fabricator of innovative industrial combustion systems, oil and gas processing equipment and Hydro Vac trucks.

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

Contact Information

  • Petro Field Industries Inc.
    Bill Rollins
    President & CEO
    (403) 244-3333 Ext. 102
    Petro Field Industries Inc.
    Miles Krowicki
    Vice President Marketing
    (403) 244-3333 Ext. 111