| CRA Retained by Viking Power |
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August 8, 2006. Clear Rock Associates, Inc. has been retained by Viking Power, Inc., a publicly traded power services company, to advise on certain acquisitions as part of its strategic growth plan. A Clear Rock spokesperson stated, “I am very pleased to be working together with the executives at Viking. They have a clear growth strategy and we look forward to being instrumental in accomplishing the company’s goals.” Viking Power Services, Inc. Chief Executive Officer, Ray Mancison stated, “Working with Clear Rock is a an important step toward executing our acquisition strategy and becoming the single source solution for all power plant maintenance and repair. This Agreement gives us the opportunity to have a dedicated and experienced team focused on all aspects of negotiating, structuring and closing each acquisition.” About Clear Rock Associates, Inc.: Clear Rock Associates, Inc. is a mid-market investment banking boutique with offices in Jersey City, NJ. Clear Rock advises companies on mergers and acquisitions, new ventures, market entry, and turn-around scenarios. Clear Rock is well positioned to offer high quality corporate finance advice across an array of industry sectors. About Viking Power Services, Inc.: Viking Power Services, Inc. is an emerging company that is committed to providing a single-source solution for all maintenance and repair services within the energy provider and plant maintenance infrastructure. Through strategic acquisitions and specialized partnerships the company will continue to deliver expert repair and maintenance services to energy providers and power producers throughout the US. Jersey Boiler, LLC, the company’s primary operating division, was founded in 2003 and continues to deliver services across its three divisions: power plant repair division, mechanical contracting and heating boiler repair and replacement. |