UTS Energy Corporation releases year end results

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TSX Trading Symbol: UTS

CALGARY, March 24 /CNW/ - UTS Energy Corporation ("UTS" or the "Company") announces that it has filed its audited financial statements and management's discussion and analysis for the year ended 2009. The Company has also filed its Annual Information Form which includes contingent resources data and other oil and gas information for the period ended December 31, 2009 and the reports as mandated by National Instrument 51-101. These documents are available for viewing on SEDAR at www.sedar.com or our website at www.uts.ca under "Investors Center - Reports".

    
     Live call participation: 647-427-7450 or 888-231-8191
     Recorded call playback:  800-642-1687,
                              passcode: 65091669 followed by the number sign.
                             (until April 29, 2010)
     Webcast (and slides):    http://www.uts.ca or
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3005640
     The replay of the Webcast is available for 90 days at http://www.uts.ca
    

UTS is focused on the creation of shareholder value through exploration, development and production of hydrocarbon resources, mainly mineable oil sands deposits from the Athabasca oil sands area in north eastern Alberta.

UTS Energy Corporation is based in Calgary, Alberta. The Company's common shares (UTS) are traded on the Toronto Stock Exchange.

SOURCE UTS ENERGY CORPORATION

For further information: For further information: Dr. William J. F. Roach, President and Chief Executive Officer, at (403) 538-7030

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UTS ENERGY CORPORATION

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