SOURCE: Turkpower

October 18, 2010 13:53 ET

TurkPower Corporation Announces New Trading Symbol

NEW YORK, NY--(Marketwire - October 18, 2010) -  TurkPower Corporation (OTCBB: TRKP) (the "Company") announced today the change of its trading symbol from "GBIK" to "TRKP," requested by the Company. The symbol change is in effect as of October 18, 2010.

Ryan E. Hart, the Company's Chairman, commented, "We are very pleased by the change of the Company's ticker symbol. The new ticker symbol TRKP reflects the company's name in a better way and will help investors to associate the ticker symbol with the Company."

About TurkPower Corporation
TurkPower Corporation (OTCBB: TRKP) is a Turkish-American consulting and service operations firm with a strong focus on the booming Turkish energy market. TurkPower offers its domestic and international clients consulting services and acts as a full service operator for wind, hydro, solar, coal and geothermal energy parks in Turkey. In addition to its energy business, TurkPower aims at becoming a large player in the Turkish mining industry by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns.

Safe Harbor Statement
The statements by our officers, and other statements regarding optimism related to the business, consulting, service operations, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business and subject to successful financing. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere.

Contact Information

  • TurkPower Corporation
    100 Park Avenue
    New York, New York 10017
    T 212-984-0628
    F 212-880-6499