Universal Power Corp.

Universal Power Corp.

February 08, 2010 09:00 ET

Universal Named to TSX Venture Top 50

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2010) - Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) ("Universal" or the "Company") is pleased to announce that the Company has been named as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange. TSX Venture 50 is comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.

"It is an honour to be named as part of this year's TSX Venture 50," said Barry Swanson, CEO of Universal. "This is a testament to the Company's ability to create a business plan with milestones, achieve what we set out to do, and communicate to the shareholders effectively. Our listing on the TSX Venture Exchange has provided us with the ideal environment to meet the first phase of our goals and objectives and we look forward to continuing to execute on our business plan and achieve the next level of our growth targets."

The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalization growth in Cleantech, Diversified Industries, Mining, Oil & Gas and Technology and Life Sciences sectors.

"We are pleased to celebrate the 2010 TSX Venture 50," said John McCoach, President, TSX Venture Exchange. "These outstanding companies are proven leaders in their respective sectors and we are proud to have them listed on TSX Venture Exchange. We wish them all continued success."

About Universal Power Corp.

Universal Power Corp. is an independent oil and gas exploration and development company with broad based Black Economic Empowerment partnerships, trading its common shares publicly on Canadian and German exchanges. The Company currently holds interests in 6 Blocks of offshore concessions covering over 32,000 square km in Namibia, Africa. 

On Behalf of the Board of Directors of Universal Power Corp.

Barry Swanson, CEO

For further information visit our website at www.universalpowercorp.com.

Sedar Profile #00016276

Forward Looking Information

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Universal Power Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. Universal Power Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

Shares Outstanding: 77,693,000

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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