LAS VEGAS, Nov. 26, 2008 (GLOBE NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPR) is pleased to announce that the Company plans to market their services to various "Hazardous" process plants in the U.S. as stated in "Larry Oakley's Stock Pick column on www.WallStreetCorner.com." Mr. Ed Gibson, an Officer and Director of the Company, was interviewed in order to give the latest updates on where MetaPower International, Inc. currently stands in the market place.
During his interview, Mr. Gibson discussed the Company's recent third quarter financial filings, which saw MetaPower's earnings increase to $0.09 cents per share through three quarters ending October 31, 2008. Mr. Gibson also commented on the Company's process safety consulting services with in hazardous process plants in Alberta's Oil Sands region.
"MetaPower is at the cusp of tremendous growth. The safety management business is huge because almost every company, especially those in hazardous industries, is beginning to realize how much they need it. The number of companies that have safety management systems is growing fast, but there are a lot of pieces & parts to the systems - the discipline is fragmented. I like this situation - it can help a broad range of hazardous industries. I like the fact that the company has the funds available to market its new product introduction to U.S. hazardous industries. The initial price of that basic product is about $500,000. Add-ons will most likely increase the total cost of the average product installation," commented Larry Oakley.
"We are excited about the direction MetaPower is heading in. We have worked hard to increase our profitability and provide our shareholders continued growth and value. MetaPower is well on its way to exceeding our 2008 goals and look forward to improving in the New Year," stated Ed Gibson, Director of MetaPower International, Inc.
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About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
About WallStreetCorner.com:
Formed nine years ago by Larry Oakley, known as the "Elder Statesman of Emerging Growth Company Writers" for his Conservative Speculator newsletter published since 1987, www.WallStreetCorner.com and its "Special Situations," "Special Emerging Growth Situations," and Oakley's "Stock Pick," "Opinion," "Comment," and "Bold Ventures" editorial columns, is now read by investors in 96 countries.
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.