SOURCE: Terminus Energy Inc. (Quintessence Holdings Inc.)

March 23, 2010 08:23 ET

Terminus Energy Inc. and Terminus Energy Corporation in Worldwide Distribution Agreement

TORRANCE, CA--(Marketwire - March 23, 2010) -  Terminus Energy Inc. (PINKSHEETS: TMGY) today has announced that Terminus Energy Inc. has finalized its agreement with Terminus Energy Holdings to be the point source marketing and distribution entity for Terminus Energy power generation products. Terminus Energy Inc. (PINKSHEETS: TMGY) is the exclusive worldwide distributor of Terminus Energy products and services. "We have a unique deployment model for our power systems niche. The Companies are fully dedicated to the production and distribution and deployment success of its power delivery system Platform," said Dan Pratte.

Terminus Energy Inc. is marketing and distributing next generation fuel cell technology for utilities. Our mission is to be the distributed energy generation platform supplier for our utility customers. The Terminus Energy TE-50 system provides many benefits to prospective electric power providers, including commercial utilities, industrial customers and the military. The TE-50 has the advantage of low installation costs, low operational costs, low carbon generation and minimal environmental impact. The product is also energy efficient and scalable, allowing any provider to incrementally grow capacity based upon their specific needs. The aforementioned benefits will both positively impact the customers' bottom line and improve their environmental image.

Terminus Energy Inc. plans to market and sell "TE-50" power generation units that will be ready for distribution in 2010. Terminus Energy's products help solve the problems of electric energy producing companies. This is done through point-of-use utility operated fuel cell units that seamlessly integrate grid parallel distributed electric power production capacity with the existing utility distribution infrastructure.

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This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.

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