AVE Aveda Transport And Energy Svcs (delisted)

Aveda Transportation and Energy Services Inc. ("Aveda" or the "Company") (TSX
VENTURE:AVE), a leading provider of oilfield hauling services and equipment
rentals to the energy industry, today announced the launch of the new Aveda
brand, encompassing Phoenix Oilfield Hauling Inc. ("Phoenix") and its operating
businesses: Rodan Transport, Ability Oilfield Hauling, Finnie Oilfield Hauling,
Warrior Equipment Rentals, Marcel's Oilfield Hauling and Robin's Oilfield
Hauling.


"Consolidating our operating companies, solutions, and team of highly-trained
professionals under a single banner will allow us to multiply our individual
successes across a strong and unified brand going forward," said Mr. David
Werklund, Interim President and CEO of Aveda. "The new brand symbolizes a fresh
start with a highly experienced management team and strengthened balance sheet
to help drive future growth. Each stakeholder will now be able to identify and
share in our common vision for Aveda. What hasn't changed is our unwavering
commitment to quality, service and safety, which will empower us to maintain a
leadership position as dedicated provider of oilfield hauling and rentals
solutions across North America."


Aveda is one of the largest dedicated oilfield transportation and energy
services providers in North America, offering skilled people and the latest
equipment to service all major petroleum producing regions in Canada and the
U.S. With a new management team and a strengthened balance sheet in place, the
Company is actively investing in fleet expansion and innovative communications
solutions that will position it for future growth and allow it to quickly and
safely meet the evolving needs of its customers.


Aveda management and guests will open trading on the Toronto Stock Exchange
today to mark the launch of the Company's new brand and ticker symbol. Phoenix's
shares previously traded under the symbol "PHN". Trading of Phoenix's shares
under the new name Aveda Transportation and Energy Services and symbol, "AVE"
will commence on the TSX Venture Exchange on June 25, 2012.


Aveda Transportation and Energy Services Inc.

Aveda provides specialized transportation services required for the drilling,
exploration, development and production of petroleum resources in the Western
Canadian Sedimentary Basin and in the United States of America principally in
and around the states of Texas and Pennsylvania. Transportation services include
both the equipment necessary to move the load as well as a trained, professional
driver capable of securing, moving and manipulating the load at its origin and
destination. Aveda's rental operations include the rental of tanks, mats,
pickers, light towers and other equipment necessary for oilfield operations.


Aveda was incorporated in 1994 as a private company to serve the oil and gas
industry. In the spring of 2006 the Company went public on the TSX Venture
Exchange. Aveda has major operations in Calgary, AB, Slave Lake, AB, Nisku, AB,
Grand Prairie, AB, Melita, MB, Mineral Wells, TX, Pleasanton, TX and New
Columbia, PA. Aveda is publicly traded on the TSX Venture Exchange under the
symbol AVE. For more information on Aveda please visit the Company's new website
at www.avedaenergy.com.

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