Tenth Power Technologies Corp. announces results for 2011 fiscal year end

TORONTO, May 19 /CNW/ - Tenth Power Technologies Corp. (TSX-V:TPI) today announced thefinancial results for its fiscal year end January 31, 2011.

Revenues for the year of $3.8 million improved by 77% over the same period last year, and grossmargins improved to 37% from 35% from the same period last year. Net loss for the year was$413,966 ($0.03 per share) compared to net loss of $759,643 ($0.08 per share) for the same periodlast year.

ABOUT TENTH POWER TECHNOLOGIES CORP.
Tenth Power Technologies Corporation is a Canadian based-technology and solutions company.Tenth Power supplies secure business solutions to clients in the telecommunications, financialservices, manufacturing, government and health care sectors. TPTC augments proprietary softwarewith product licensing and strategic acquisition of industry-leading services, to design solutionsthat safeguard information and electronic communications. The suite of products includes identityand signature authentication, Internet security, safe communication platforms and a securedcollaboration environment. TPTC also provides IT security consulting and managed services. Thecorporate office is located in Toronto, Canada.

SOURCE Tenth Power Technologies Corp.

For further information:

Tenth Power Technologies Inc.
Guy Burry
(416) 920-2010 ext: 159
Website: www.tenthpowertech.com

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Tenth Power Technologies Corp.

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