MicroPlanet Grants Options



    
    Company: MicroPlanet Technology Corp.
    Stock Listing: MP:TSXV
    Stock Listing (US): MCTYF: OTC
    Web Site: www.microplanet.com
    

    SEATTLE, WA, Aug. 13 /CNW/ - MicroPlanet, (MP:TSXV & MCTYF:OTC) a smart
grid, energy conservation company, announced today that the Company has
granted options to purchase an aggregate of 1,720,000 common shares at a price
of $0.14 per share, to officers, directors, and employees of the Corporation.
In accordance with the Company's stock option plan, a maximum of 10% of the
issued and outstanding common shares of the Company are reserved for issuance
pursuant to the exercise of stock options to be granted under the Plan.

    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 www.microplanet.com.

    
    NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THE
    TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    

    %SEDAR: 00020555E




For further information:

For further information: MicroPlanet Company Contacts: Bruce Lisanti,
President & CEO, Tel: (206) 625-0851, Fax: (206) 625-0999,
blisanti@microplanet.com; MicroPlanet Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,
gwimmer@investorfile.com

Organization Profile

MicroPlanet Technology Corp.

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