Ensign Services Inc. Announces Completion of Reverse Merger With Vietnamese Company

NEWPORT BEACH, CA–(Marketwire – March 9, 2010) –  Ensign Services Inc. (OTCBB: ESVC) announced that it completed a reverse merger with Tin Nghia Petrol Joint Stock Company in August 2009. Management believes the reverse merger transaction is one of the first successful reverse mergers of a Vietnamese company on the U.S. stock exchanges. The Company intends to complete a name change to Timex Assets and Services (“Timex A&S”). In its 2009 10K, for the year ended September 30, 2009, the Company had audited revenues of over US$76 million, gross profit of over US$3.6 million and net income of over US$1.5 million. The company plans on discussing its first quarter filing in an upcoming press release. The 10K filing can be found at:
http://www.sec.gov/Archives/edgar/data/142

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