Filing of business acquisition report - Hypernetics and Triodetic acquisitions



    OTTAWA, Aug. 6 /CNW Telbec/ - Plaintree Systems Inc. ("Plaintree" or the
"Company") today announced that on July 31, 2008 it filed a business
acquisition report ("BAR") in relation to Plaintree's acquisition of
Hypernetics Limited and the Triodetic Group of Companies which closed on
April 1, 2008 (details of which was previously reported in a press release of
the Company issued on April 2, 2008). The filing of the BAR by Plaintree was
made pursuant to its obligations under National Instrument 51-102 - Continuous
Disclosure Requirements. The BAR contains the following financial information
that has not been previously disclosed by the Company: (i) unaudited pro forma
financial statements of the Company for the period ended March 31, 2008; (ii)
unaudited interim financial statements of Hypernetics Limited for the seven
months ended March 31, 2008 and 2007; and (iii) audited consolidated financial
statements of 4439112 Canada Inc. (operating as Triodetic) for the years ended
January 31, 2008 and 2007. A copy of the BAR can be obtained on SEDAR at
www.sedar.com under the Company's listing.

    About Plaintree Systems
    -----------------------

    Ottawa-based, Plaintree Systems Inc. (www.plaintree.com), founded in 1988
has three divisions. The first specializes in developing optical wireless
communications equipment for the local area, wide area, voice, Internet and
security networks. The second manufactures avionic components for various
applications. The third is a design/build manufacturer of steel, aluminum and
stainless steel specialty structures.
    Plaintree is publicly quoted in the U.S. on the OTC BB (PTEEF), with
12,522,143 common shares (post-consolidation) and 18,325 class A preferred
shares outstanding.

    This press release may include statements that are forward-looking and
based on current expectations. The actual results of the company may differ
materially from current expectations. The business of the company is subject
to many risks and uncertainties, including changes in markets for the
company's products, delays in product development and introduction to
manufacturing and intense competition. For a more detailed discussion of the
risks and uncertainties related to the company's business, please refer to
documents filed by the company with the U.S. Securities and Exchange
Commission, including the Company's Form 20-F dated September 28, 2007.
    %SEDAR: 00001576E




For further information:

For further information: Lynn Saunders, (613) 623-3434 ext. 3002

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