AccelRate Completes Debt Settlement

VANCOUVER, BRITISH COLUMBIA, Nov 02 (MARKET WIRE) --
AccelRate Power Systems Inc. (TSX VENTURE: APR)(FRANKFURT: KCG) (the
"Company") is pleased to announce it has completed the debt settlement
announced on October 19, 2009 in the amount of $52,000, with 1,040,000
shares of AccelRate having been issued to Reimar Koch in this regard. The
referenced shares are subject to a four month hold period. TSX acceptance
of the debt settlement was received on October 29, 2009.

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
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

Copyright 2009, Market Wire, All rights reserved.

-0-