SOURCE: Virtual Media Holdings, Inc.

February 12, 2009 08:31 ET

Virtual Media Holdings, Inc. Changes Name to Biomass Secure Power, Inc.

VANCOUVER, BC--(Marketwire - February 12, 2009) - Virtual Media Holdings, Inc. (PINKSHEETS: VMHIF) is pleased to announce that as of February 09, 2009, the Company has changed its name to Biomass Secure Power, Inc., with the Province of British Columbia where the Company is incorporated. The Company is in the process of filing for a name and symbol change with FINRA and expects to receive its new trading symbol shortly.

Biomass Secure Power, Inc. changed their name to better reflect the Company's overall business strategy and goals for the future. Biomass Secure Power is currently looking into utilizing a variety of bio-mass as a use of alternative energy. The Company was recently recognized by the Abbotsford-Mission Times for its efforts to develop a $17.5 Million power plant that would be used to power heat and electricity to greenhouses in the area. Biomass Secure Power has already signed a twenty year agreement with local greenhouse operators to provide heat and carbon dioxide.

"The name change symbolizes the Company's new direction and better positions us for expansion in the bio-mass alternative energy area. We feel that our name better reflects the business strategy that Biomass Secure Power, Inc. has planned for the coming months," stated Jim Carroll, CEO of Biomass Secure Power, Inc.

About Biomass Secure Power, Inc.:

Biomass Secure Power develops co-generation power plants using a variety of biomass fuels to generate green electrical power. Engineering studies have been completed, covering fuels consisting of wood waste, horse manure and chicken manure.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information

  • Contact:
    Biomass Secure Power, Inc.
    Investor Relations
    (866)-THE-APPL(E) (866 843 2775)
    John Cerenzia 905 851 8510