TBSS International, Inc. Announces Signing of Soft Corporate Offer for Aviation and Diesel Fuel Delivery

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TBSS International, Inc. Announces Signing of Soft Corporate Offer for Aviation and Diesel Fuel Delivery

Quarterly Revenue Potential of $15 Million to $30 Million per Quarter

PR Newswire

TAMPA, Fla., Jan. 30, 2012  /PRNewswire/ -- TBSS International, Inc. TBSS ("TBSS"), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction and energy efficient lighting, announced today that the company has signed a Soft Corporate Offer (SCO) with a refinery in Russia to broker a series of delivery contracts for JP-54 aviation fuel and D-2 diesel products. The port of delivery is Rotterdam, Netherlands.

The terms of the agreement include the delivery of 10 million to 20 million barrels of JP-54 aviation fuel per month with an immediate lift able (immediate delivery) amount of 100,000-500,000 barrels. In addition, the SCO covers the delivery of 250,000 to 2 Million metric tons (MT) of D-2 per month with immediate lifts of 100,000-250,000 metric tons. Revenues to be recognized by TBSS International, Inc. will range from $15 Million to $30 Million per quarter.

Todd Spinelli, CEO of TBSS, International, Inc., said, "A SCO is a formalized understanding including the terms, conditions and pricing prior to final contracts being signed.  We have lined up the requisite line of credit to finance all future delivery contracts necessary to enter into this competitive, yet lucrative, market driven by reliability and performance. TBSS has plans to expand into energy contracts in 2012 as we develop a reputation for delivery on fuel contracts."

Investors and shareholders are encouraged to send their e-mails to IR@tbssinternational.com to be added to the company's e-mail database for future press releases.

Media are invited to be added to the company's e-mail database for future media news and updates by sending e-mails to media@tbssinternational.com

About TBSS International, Inc.

TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction and recently entered the energy efficient lighting market. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets.  TBSS's competitive advantage stems from the company's joint venture partners, their respective technological expertise and proprietary technology and the company's own intellectual property. The corporate website is at http://www.tbssinternational.com

Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.

Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.


Contact:

TBSS International Investor Relations
855-OIL-GOLD
855-645-4653 Press 1 for IR

TBSS International Media Relations
855-OIL-GOLD
855-645-4653 Press 2 for Media

SOURCE TBSS International, Inc.

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