TENTH POWER GRANTS STOCK OPTIONS

TSX Venture Exchange Trading Symbol - TPI
17,343,628 shares outstanding

TORONTO, Jan. 7 /CNW/ - Tenth Power Technologies Corp. ("TPI") announced today the granting of 1,355,000 options to purchase common shares to its directors, officers, consultants and employees under its Incentive Stock Option Plan. The options are exercisable at an exercise price of $0.10 for a period of five years. Vesting periods vary between 100% vested immediately for directors, and a vesting provision of 50% immediately and 25% over each of the next two years for officers, consultants and employees.

This grant, which is subject to regulatory approval, brings the total number of options outstanding to 1,695,000.

ABOUT TENTH POWER TECHNOLOGIES CORPORATION

Tenth Power Technologies Corporation is a Canadian based-technology and solutions company. Tenth Power supplies secure business solutions to clients in the telecommunications, financial services, manufacturing, government and health care sectors. TPTC augments proprietary software with product licensing and strategic acquisition of industry-leading services, to design solutions that safeguard information and electronic communications. The suite of products includes identity and signature authentication, Internet security, safe communication platforms and a secured collaboration environment. TPTC also provides IT security consulting and managed services. The corporate office is located in Toronto, Canada.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Tenth Power Technologies Corp.

For further information:

Guy Burry, Tel: 416-920-2010 Ext 159

Profil de l'entreprise

Tenth Power Technologies Corp.

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