Company: MicroPlanet Technology Corp. Stock Listing: MP:TSXV Stock Listing (US): MCTYF: OTC Web Site: www.microplanet.com SEATTLE, March 16 /PRNewswire-FirstCall/ -- MicroPlanet, (MP:TSXV & MCTYF:OTC) a smart grid, energy conservation company, announced today the launch and subsequent orders for its new generation of smart grid technology for the commercial business market. MicroPlanet's new generation of 3-Phase voltage management systems reduce energy consumption and improve power quality. They will range in size from 225 amps to 2000 amps and are designed to suit the energy saving requirements for both small and large commercial electricity users. The systems will be available in both 120/208V and 277/480V versions for North America, as well as configurations designed for Europe, Australia and Asia. Prices will range from $12,000 to over $200,000 US. MicroPlanet has already received initial orders for these new products from Whole Foods Market, Eat N Park restaurants, Flying J travel plazas and Maui Land and Pine's Kapalua resort. This advanced smart grid technology improves power quality at the point of consumption by dynamically raising or lowering voltage to an optimal set point in addition to balancing voltage phases. Stable, balanced voltage maintained at optimal set points, saves energy and lowers maintenance costs. Whole Foods Market conducted a pilot program over a 12 month period to test the effectiveness of MicroPlanet's technology at their Symphony store in Boston, MA. The results of the pilot indicated that the MicroPlanet system reduced kWh consumption on average by 8.86% and will have a payback period of less than 3 years. MicroPlanet also completed 14 other pilot studies showing savings between 4.0% and 12.9% in kilowatt consumption, which further established the functionality and effectiveness of its products. During the past 9 months, MicroPlanet has reduced the manufacturing cost and enhanced the design and reliability of its 3-Phase commercial systems to efficiently manage energy for convenience stores and fast food restaurants as well as the big box and grocery stores. "This advanced design will substantially reduce the amount of electricity consumed, lowering energy bills and making each commercial location greener," said Bruce Lisanti, CEO of MicroPlanet. "With our new products we can efficiently and cost effectively manage voltage for a broad range of commercial clients." About MicroPlanet Technology Corp. MicroPlanet Technology Corp. is a smart grid, energy conservation company whose technology improves power quality and saves electric energy by the dynamic management of incoming voltage to a home or business. In commercial and residential building installations, MicroPlanet products have been proven to significantly reduce electric bills, maintenance costs and greenhouse gases. Installation of MicroPlanet products for utilities has improved utility services and facilitates the integration of renewable energy sources, including solar and wind, to the power grid. MicroPlanet is based in Seattle, WA and is listed on the TSX Venture Exchange (TSX-V) trading under the stock symbol: MP. MicroPlanet's website is http://www.microplanet.com/. THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. THE RISKS, UNCERTAINTIES AND OTHER FACTORS, BOTH KNOWN AND UNKNOWN, THAT COULD INFLUENCE ACTUAL RESULTS MAY BE SUBSTANTIAL AND INCLUDE THOSE DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY REPORTS AND ANNUAL INFORMATION FORM. ACCORDINGLY, NO ASSURANCES CAN BE GIVEN THAT ANY OF THE EVENTS ANTICIPATED BY THE FORWARD-LOOKING STATEMENTS WILL TRANSPIRE OR OCCUR, OR IF ANY OF THEM DO SO, WHAT BENEFITS THE COMPANY WILL DERIVE THEREFROM. THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN. DATASOURCE: MicroPlanet Technology Corp. CONTACT: MicroPlanet Company Contacts: Bruce Lisanti, President & CEO, Tel: (206) 625-0851, Fax: (206) 625-0999, ; MicroPlanet Investor Relations: Gerry Wimmer, INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,

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