Stock Listing: MP:TSXV
Stock Listing (US): MCTYF: OTC
Web Site: www.microplanet.com
SEATTLE, WA, June 19 /CNW/ - MicroPlanet, (MP:TSXV & MCTYF:OTC) a clean
technology, energy conservation company was today named to the 2008 TSX
Venture 50(TM), a ranking of Canada's top emerging public companies listed on
TSX Venture Exchange.
The TSX Venture 50 are the top 10 companies in each of five major
industry sectors (mining, oil & gas, technology & life sciences, diversified
industries and cleantech), based on a ranking formula that includes revenue,
return on investment, market cap growth, and trading volume.
"Being named to the TSX Venture 50 is a tremendous recognition for our
accomplishments as a clean tech company," said Bruce Lisanti, CEO of
MicroPlanet. "The past 12 months for MicroPlanet have been very eventful
including the Company's first commercial order for $6 million in product from
Ergon Energy and the recent closing of a significant equity financing with
"We are very proud to announce the 2008 TSX Venture 50 to celebrate the
achievement of our issuers," said Kevan Cowan, President, TSX Venture
Exchange. "The impressive list of companies demonstrates that the TSX Venture
Exchange is a unique incubator for public companies, and the companies in the
TSX Venture 50 are proof that this market is working."
The 2008 TSX Venture 50(TM) was compiled based on public historical data
and is not an invitation to purchase securities listed on Toronto Stock
Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not
endorse or recommend any securities referenced in this ranking. Neither TSX
Group Inc. nor its affiliated companies represent, warrant or guarantee the
accuracy or the completeness of the information. You should not rely on the
information contained in this news release for any trading, business or
financial purposes. TSX Group Inc. and its affiliates assume no liability for
any errors or inaccuracies in this news release or any use or reliance upon
About MicroPlanet Technology Corp.
MicroPlanet's technology helps to reduce the total amount of energy we
need to produce by significantly increasing the efficiency of the electric
grid. MicroPlanet's products dynamically manage the voltage delivered to a
business or home to optimal levels, which saves energy, lowers electricity
bills and helps reduce greenhouse emissions. The Company's products also
reduce peak period demand and can improve utility services. In areas where
substantial energy is generated from wind and solar, MicroPlanet systems also
help to balance the voltage levels, improving the power quality for
residential and commercial users. MicroPlanet website: 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,