MicroPlanet Smart Grid Technology Deployed by Two More Utilities
21 Enero 2009 - 8:00AM
PR Newswire (US)
Company: MicroPlanet Technology Corp. Stock Listing: MP:TSXV Stock
Listing (US): MCTYF: OTC Web Site: www.microplanet.com SEATTLE,
Jan. 21 /PRNewswire-FirstCall/ -- MicroPlanet, (MP:TSXV &
MCTYF:OTC) a clean technology, energy conservation company,
announced today that Australian utilities Country Energy and ETSA
have placed initial commercial orders for a total of 70 MicroPlanet
systems to dynamically manage voltage at optimal levels. The
initial orders were received by MicroPlanet from Queensland
electricity utility Ergon Energy through its commercial operating
arm Energy Choices who distribute MicroPlanet's voltage management
systems technology to utilities in Australia. Deliveries for 70
MicroPlanet voltage management systems are expected to begin in the
first quarter of 2009. Owned by the New South Wales Government,
Country Energy manages Australia's largest energy supply network
across 95 per cent of New South Wales serving around 870,000
customers. ETSA Utilities is South Australia's primary electricity
distributor. "Utilities in Australia are responding quickly to
their customer's concerns to improve the quality of supply of its
electricity network and we are helping them reduce capital
investment in transmission and distribution equipment as well as
lowering overall operating costs," said Bruce Lisanti, CEO of
MicroPlanet. "We are fast becoming the standard solution to solve
common utility problems and to-date four major Australian utilities
have already adopted our voltage management technology." 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 http://www.microplanet.com/.
THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL
FUTURE RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. THE
RISKS, UNCERTAINTIES AND OTHER FACTORS, BOTH KNOWN AND UNKNOWN,
THAT COULD INFLUENCE ACTUAL RESULTS MAY BE SUBSTANTIAL AND INCLUDE
THOSE DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES,
SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY
REPORTS AND ANNUAL INFORMATION FORM. ACCORDINGLY, NO ASSURANCES CAN
BE GIVEN THAT ANY OF THE EVENTS ANTICIPATED BY THE FORWARD-LOOKING
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BENEFITS THE COMPANY WILL DERIVE THEREFROM. THE TSX VENTURE
EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE INFORMATION
CONTAINED HEREIN. DATASOURCE: MicroPlanet Technology Corp. CONTACT:
MicroPlanet Company Contacts: Bruce Lisanti, President & CEO,
Tel: (206) 625-0851, Fax: (206) 625-0999, ; MicroPlanet Investor
Relations: Gerry Wimmer, INVESTORFILE.com, Tel: (416) 360-8895,
Toll Free: 1-888-894-8222,
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