Legend Power Settles Indebtedness of $81,733

VANCOUVER, Aug. 8, 2013 /CNW/ - Legend Power Systems Inc. (TSX-V: LPS) has settled outstanding indebtedness to employees, officers and consultants totalling $81,733 by the issuance of 1,634,660 shares at a deemed price of $0.05 per share. The shares are subject to restrictions on transfer of four months expiring on December 7, 2013.

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 greenhouse gas emissions.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Legend Power Systems Inc.

Randy Buchamer C.E.O. and President
Legend Power Systems Inc.
+ 1 778 945 1501
[email protected]