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Compass Energy Corporation Makes Announcement.


Business Editors

ATLANTA--(BUSINESS WIRE)--April 17, 2002

Compass Energy Corporation (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 Pink Sheets: CECP CECP Center for Effective Collaboration and Practice
CECP Country Extended Code Page (IBM)
CECP Conseil de l'Enseignement des Communes et des Provinces (Belgium)
CECP China Energy Conservation Program
) announced today that financials should be complete for 2001 and the first quarter of 2002 within the next few weeks.

Management also announced the merger with RDOC RDOC Requirements Documentation
RDOC Reference Designation Overflow Code
RDOC Receive Dynamic Overload Control
RDOC Research, Development, Test and Evaluation Documentation
 is being mutually terminated since certain conditions placed on Compass Energy cannot be complied with and management feels that at this time it is not in the best interest of the company, but both parties are leaving the option open to merger at a later date during 2002.

CECP has retained the CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  services of www.gtfinancial.com to complete its full to-date audit filing for up listing to the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 exchange.

CECP has retained www.lightmix.com to build a new corporate sight which should be completed by next week.

Certain statements contained in this release are forward looking. Although Compass Energy Corporation believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations there can be no assurance that actual results will not differ materially from its expectations. Factors that could cause actual results to differ from expectations include general economic, business and market conditions, volatility of gasoline prices, merchandise margins, customer traffic, weather conditions, labor costs and the level of capital expenditures.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 17, 2002
Words:218
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