AXP Quattro Exploration & Prod Ltd

AccelRate Power Systems Inc. (TSX VENTURE: AXP)(FRANKFURT: KCG) (the "Company") reports that the 3:1 share consolidation approved at the Company's 2009 annual and special general meeting held December 15, 2009 became effective at the market opening today. The Company has not changed its name. Its trading symbol has changed from APR to AXP.

After giving effect to the consolidation, the Company has an aggregate of 2,266,612 shares outstanding.

AccelRate Power Systems Inc. is headquartered in Vancouver, BC. The Company's shares trade on the TSX Venture Exchange and on the Frankfurt Exchange (symbol KCG).

Reimar Koch, President and CEO

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: AccelRate Power Systems Inc. Reimar Koch (604) 688 8656 (604) 688 8654 (FAX) info@accelrate.com www.accelrate.com