Viking Power Services Inc. announced the resignation of Ray Mancison from the Board of Directors and as CEO of the Company. The Company also announces the resignation of Ray Wright from the Board of Directors as Chairman of the Board and his resignation as acting CFO. Mr. Wright will continue to provide administrative services through February 15, 2008 as per the original April 2007 consulting agreement. Current Viking President and COO, Joseph Sikora, will remain on the Board of Directors and will continue to operate the Company in his current capacity.

Viking Power Services Inc. announced the election of Mr. Raymond F. Wright to Viking's Board of Directors. In addition, Mr. Wright will serve as Chairman of the Board and Acting Chief Financial Officer. For the last six months, Mr. Wright has been providing advisory services to the Company and has effectively been performing duties typically associated with a Chief Financial Officer. Mr. Wright has been a vital element to developing stronger internal procedures, controls, and accounting functions. In his added capacity Mr. Wright will handle shareholder relations as well as oversee Company audits and corporate governance. Mr. Wright is a Canadian Chartered Accountant (CA) by education and has previously served as the operational CFO of Nabisco Brands USA and International.

Viking Power Services Inc. announced that the company's American Boiler and Pipe subsidiary is currently providing services for an $800,000 purchase order received from an international nuclear energy company. Under terms of the purchase order, American Boiler and Pipe is providing expert welding services at one of the customer's Pennsylvania operating facilities. These services are currently ongoing, and to date, the Company has booked revenues of approximately $170,000 from services performed in connection with this purchase order with the project expected to be completed in 2008. The $800,000 purchase order is currently the Company's largest nuclear service request.