UK's leading generator of renewable energy begins commercial deployment
of MicroPlanet products to save energy, improve power quality and reduce
greenhouse gas emissions
Stock Listing: MP:TSXV
Stock Listing (US): MCTYF: OTC
Outstanding Shares: 29.9 million
Web Site: www.microplanet.com
SEATTLE, March 6 /CNW/ - MicroPlanet, (MP:TSXV & MCTYF:OTC) a clean
technology, energy conservation company, announced today that Scottish and
Southern Energy, one of the largest energy companies in the UK has placed an
initial commercial order to deploy MicroPlanet products to dynamically manage
voltage at optimal levels, saving energy and improving power quality.
Deliveries for the initial order of 50 systems, valued at approximately
US$ 148,000 are expected to begin in June of 2008.
Scottish and Southern's commitment to begin the commercial deployment
process of MicroPlanet products follows successful lab tests and field testing
at multiple locations.
"Scottish and Southern is UK's leading generator of renewable energy,
owning and operating almost half of the UK's total renewable generation
capacity, including UK's largest wind farm," said Bruce Lisanti, CEO of
MicroPlanet. "MicroPlanet systems improve the efficiency of the electrical
distribution grids. In areas where substantial energy is generated from wind
and solar, we also help to balance the voltage levels, improving the power
quality for residential and commercial users."
"MicroPlanet is also working with more than 30 other utilities worldwide,
in addition to many large commercial accounts. We have now installed over 600
systems in pilot programs with customers that have the potential to place
significant commercial orders. Our pilot programs continue to return very
positive results. 5-8% reductions in energy consumption in residential
applications and 5-12% in commercial environments are common without requiring
any changes in customer behavior patterns," said Lisanti.
About Scottish and Southern Energy:
Scottish and Southern Energy distributes electricity to 3.5 million homes
and businesses across one third of the UK's total land area through a network
of 127,000 kilometers of underground cables and overhead lines.
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. MicroPlanet
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,
email@example.com; MicroPlanet Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,