BURNABY, BC, Feb. 9 /CNW/ - Legend Power Systems Inc. (TSX.V:LPS) ("Legend Power") is pleased to announce it has engaged the services of Boost Public Relations ("Boost") to develop and execute an advertising plan focusing on the mainstream business media. Under the agreement, which is subject to approval of the TSX Venture Exchange (the "Exchange"), Boost will receive a monthly fee of $2,500 on a month-to-month basis, and 100,000 incentive stock options (the "Options") to purchase common shares in the capital of Legend Power ("Shares"), exercisable at a price of $0.50 per Share for a period expiring two years from the grant date. The Options will vest over a period of 12 months, in accordance with Exchange policy and Legend Power's stock option plan.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power's Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in green house gas emissions. View "Legend Power Corporate Video" on YouTube at http://www.youtube.com/watch?v=EcBIFsXZTIA
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Legend Power Systems Inc.
For further information: For further information: Gerry Gill, Chairman & CEO, Legend Power Systems Inc., (604) 420-1500, firstname.lastname@example.org