UTS Year-End Financial Results and Conference Call Advisory



    TSX Trading Symbol: UTS

    CALGARY, March 23 /CNW/ - UTS Energy Corporation will be releasing its
fiscal 2006 year-end financial results and hosting a conference call to
discuss them.

    
        Results will be issued at 5:30 pm Eastern/3:30 pm Mountain
        Monday, March 26, 2007

        Conference call will be at 9:00 am Eastern/7:00 am Mountain
        Tuesday, March 27, 2007

    The conference call will consist of formal remarks followed by a question
    and answer session. Participants will be:

        Dennis Sharp, Executive Chairman
        Will Roach, President and Chief Executive Officer
        Wayne Bobye, Vice President and Chief Financial Officer
        Howard Lutley, Vice President, Mining and Extraction
        Martin Sandell, Vice President, Engineering
        Daryl Wightman, Vice President, Resource Development and Business
        Strategy

    An on-line slide presentation will accompany the presentation.

        Live call participation:   416-644-3419 or 800-732-6179
        Recorded call playback:    877-289-8525 passcode: 21224226 followed
                                   by the number sign (until April 27, 2007)
        Webcast (and slides):      www.uts.ca or
        http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1778700
        The replay of the Webcast is available for 90 days at
        http://www.uts.ca
    

    UTS Energy Corporation is based in Calgary, Alberta. The Company's common
shares (symbol: UTS) are traded on the Toronto Stock Exchange. The Company has
two strategic areas of focus. Firstly, the development and execution of the
Fort Hills Project, a mining project with a 4.7 billion barrels contingent
resource. UTS owns a 30 percent working interest with partners, Petro-Canada
with a 55 percent working interest and Operator, and Teck Cominco with a 15
percent working interest. Secondly, the Corporation is focused on the
exploration and development of oil sands leases held jointly by UTS and Teck
Cominco. These lands, consisting of 257,920 acres, if prospective, provide
organic growth opportunities and potentially future funding flexibility for
UTS.




For further information:

For further information: Dr. William J. F. Roach, President and Chief
Executive Officer; or Wayne I. Bobye, Vice President and Chief Financial
Officer, (403) 538-7030; Peter Block, NATIONAL Public Relations, (403)
531-0331

Organization Profile

UTS ENERGY CORPORATION

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