InvestorsHub Logo
Followers 164
Posts 19295
Boards Moderated 2
Alias Born 03/01/2006

Re: None

Wednesday, 11/15/2006 5:05:22 PM

Wednesday, November 15, 2006 5:05:22 PM

Post# of 714
CompuPrint Announces Change of Corporate Name to Terra Energy & Resource Technologies, Inc.
Company will trade on OTC Bulletin Board with a new symbol: TEGR

NEW YORK--(BUSINESS WIRE)--CompuPrint, Inc. has reincorporated and changed its name to Terra Energy & Resource Technologies, Inc. Effective at the open of business on November 16, 2006, the Company’s common stock will trade on the OTC Bulletin Board with the ticker symbol of “TEGR”. The Company is an energy and natural resource exploration technology company.

"Our new name and ticker symbol reflect our Company’s industry alignment.” said Roman Rozenberg, Chief Executive Officer of Terra Energy & Resource Technologies, Inc.

About Terra Energy & Resource Technologies, Inc.

Terra Energy & Resource Technologies, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides analysis for exploration for oil and gas as well as other minerals subsurface. The Company primarily uses proprietary satellite-based STeP® (Sub-Terrain Prospecting) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. The Company interprets and quantifies satellite and geologic data to determine locations and depths of natural resource deposits, and assess them for any given geographic area - on or off shore. The Company, through its subsidiaries and affiliates, holds (1) six licenses totaling more than one million acres off-shore Namibia for diamond exploration, (2) a participation interest in a diamond prospect in the Congo of more than one thousand square kilometers, (3) a working interest in a one million acre Kurdistan oil prospect, (4) leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada and (5) oil and gas leases in East and South Texas. For more information visit http://www.terrainsight.com.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize, inclusive but not limited to competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.

Contacts
ALLK, INC.
Louis Phillipe Antunes, 450-578-3283
Fax: 450-378-0312