SOURCE: Viking Power Services, Inc.

March 01, 2007 08:00 ET

Viking Power Services, Inc. to Apply for OTC:BB Listing in 2007

MANALAPAN, NJ -- (MARKET WIRE) -- March 1, 2007 -- Viking Power Services, Inc. ("Viking") ("the Company") (PINKSHEETS: VKPW) announced that as part of its Corporate Growth Strategy, the company intends to apply for listing on the Over-The-Counter Bulletin Board (OTC:BB) in 2007.

A listing on the OTC:BB should provide the company greater liquidity, increased access to capital markets, increased exposure of VKPW common stock, and greater transparency for shareholders. As Viking continues to execute its growth strategy for 2007, management believes the Company is well positioned to become the single source solution for all power plant maintenance and repair needs.

CEO Ray Mancison commented, "Naturally, the move from the Pink Sheets to the Over-The-Counter Bulletin Board can be an arduous undertaking, but we're very serious about meeting this objective to create additional value for our shareholders. With an aggressive acquisition and roll-up plan already in place, and our core businesses operating at increased sales levels from 2006, we feel that the time is right for our company to begin the process of uplisting. We continue to thank our shareholders for their support."

About Viking Power Services, Inc:

Viking Power Services, Inc. is an emerging company that is committed to providing a single-source solution for all plant maintenance, repair and outage services within the energy provider infrastructure. Through strategic acquisitions and specialized partnerships Viking continues to offer bundled services and expert project execution to the nation's energy infrastructure as well as implement renewable energy solutions.

Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) our ability to obtain financing in a timely manner and on terms favorable to us, (b) our ability to completely develop our business model, (c) the amount and timing of operating costs and capital expenditures relating to the expansion of our business, (d) the successful implementation of marketing programs directed to potential customers, (e) the ability to identify, negotiate, secure, fund and close potential acquisitions, (f) the ability to identify and enter into favorable strategic alliances; (g) the marketing and sales efforts of our competitors; (h) changes in various sectors that affect our industry and (i) general economic conditions. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Viking Power cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Viking Power does not undertake, and Viking Power specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Contact Information