LAS VEGAS, Jan. 15, 2009 (GLOBE NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPR) is pleased to announce that the Company's Board of Directors has engaged Hawkins Accounting with offices in Los Angeles, CA, to complete an audit for the fiscal years ending in 2007 and 2008. Completion of these audits is a major step towards uplisting to a higher exchange. The Company expects the audited financial statements to be completed by the end of the first quarter of 2009. At that time the Company will file the appropriate documents, including the 10SB, required to be listed on the Over-The-Counter Bulletin Board (OTCBB) or higher exchange.
"We have consistently increased our revenues and income over the past three years and the Board decided that this is the time to move to a higher exchange, where our Company will have greater visibility before a larger group of investor and potential investors. We're very pleased to engage a highly professional firm such as Hawkins to complete our initial audited financial statements. This is a major step in MetaPower's growth strategy as we begin the process to uplist to a higher exchange. We are exceptionally pleased and believe that our shareholders will benefit greatly from these efforts," stated Ken Allen, President of MetaPower International, Inc.
About Hawkins Accounting:
Hawkins Accounting is a boutique auditing firm specializing in small to mid-cap companies. They have clients from coast to coast, as well as Canada and Europe. The Principal has been involved in auditing for SEC clients for over 10 years, and the firm brings a combined 21 years of experience to its clients. Hawkins Accounting may be contacted at 310-553-5707 or HawkinsAccounting@cpahawkins.com.
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.
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 involve 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.