Company: MicroPlanet Technology Corp.
Stock Listing: MP:TSXV
Stock Listing (US): MCTYF: OTC
Web Site: www.microplanet.com
SEATTLE, Jan. 9 /CNW/ - MicroPlanet, (MP:TSXV & MCTYF:OTC) a clean
technology, energy conservation company, announced today that Alan H.
Richardson has been appointed as a director, subject to approval of the TSX
Mr. Richardson recently concluded a distinguished career with the
American Public Power Association, where he served the last 12 years as
President and CEO. The American Public Power Association is the national
service organization that represents the interests of the nation's nearly 2000
locally owned, publicly controlled electric utilities. Mr. Richardson holds a
Bachelor of Arts in Philosophy from Bucknell University (1968) and a Juris
Doctor, cum laude, from the University of Michigan School of Law (1971). As
President of the APPA, Mr. Richardson led a team of 65 professionals whose
mission was to provide superior professional representation, information and
other services necessary to help public power systems excel in a changing
business, legislative and regulatory environment. He is a published author and
has addressed national and international audiences on electric utility issues
and industry market structure. He has also testified before U.S. House and
Senate committees and administrative agencies, including the Federal Energy
Regulatory Commission on issues affecting the electrical utility industry in
general and public power in particular. Mr. Richardson founded and nurtured
APPA's for-profit subsidiary, Hometown Connections LLC, whose mission has been
and is to consolidate public power's collective purchasing power in the
marketplace to make individual public power systems more attractive to vendors
of products and services and to provide such vendors enhanced access to the
nation's 2000 publicly owned and locally controlled public power systems. He
is currently the Chair, Advisor Committee of Eka Systems, a high-tech
communications company that has developed both hardware and software solutions
for the development and deployment of a smart grid.
Myron Tetreault, Chairman of the Board of Directors, stated, "We are
delighted that Alan Richardson has joined the board of directors of
MicroPlanet. He is a distinguished professional in the power sector whose
public policy, advocacy and regulatory expertise will be of great benefit to
In order to facilitate Mr. Richardson's appointment, MicroPlanet has
accepted the resignation of David Freeman from the board of directors. Over 80
years old, Mr. Freeman has devoted his long and distinguished career to the
cause of energy conservation.
Mr. Tetreault stated, "We extend our thanks and appreciation to David
Freeman for the many contributions that he has made to the business of
MicroPlanet. Dave's vision, wisdom, candid advice and sharp wit will be
In recognition of his service and his tremendous contributions to
advancement of energy efficiency initiatives, MicroPlanet has established the
S. David Freeman Environmental Award, which will be awarded on an annual basis
to an employee of MicroPlanet that best demonstrates the Company's core values
relating to the advancement of energy efficiency.
About MicroPlanet Technology Corp.
MicroPlanet Technology Corp. is a clean tech energy conservation company
whose technology improves power quality and saves electric energy by the
dynamic management of incoming voltage to a home or business. In commercial
and residential building installations, MicroPlanet products have been proven
to significantly reduce electric bills, maintenance costs and greenhouse
gases. Installation of MicroPlanet products for utilities has improved utility
services and facilitates the integration of renewable energy sources,
including solar and wind, to the power grid. MicroPlanet is based in Seattle,
WA and is listed on the TSX Venture Exchange (TSX-V) trading under the stock
symbol: MP. MicroPlanet's website is www.microplanet.com.
THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE
INFORMATION CONTAINED HEREIN.
For further information:
For further information: MicroPlanet Company Contacts: Bruce Lisanti,
President & CEO, Tel: (206) 625-0851, Fax: (206) 625-0999,
firstname.lastname@example.org; MicroPlanet Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,