MicroPlanet HVR(TM) Product to be Deployed to Improve the Efficiency of the US Pacific Northwest Electric Distribution System

MicroPlanet Technology Corp. (TSXV:MP)
("MicroPlanet" or the "Company"), a developer of distributed-energy
technologies to improve electric power grid reliability and efficiency
announced today a deployment program of the Company's High Voltage
Regulators(TM) (HVR(TM)) to improve the efficiency of the US Pacific Northwest
electric distribution system.
Approximately 500 MicroPlanet HVR(TM) units are expected to be installed
across 11 electric utilities serving over 4 million customers in Washington,
Oregon and Idaho. The aggregate value of these installations is approximately
US$1 million. The HVR(TM) is a point-of-consumption voltage regulator that is
installed at the delivery interface between the electric grid and the
utilities customer.
The installation is part of a multi-year initiative to improve the
efficiency of the Pacific Northwest electric distribution system through a
technology transfer program conducted by the Northwest Energy Efficiency
Alliance ("the Alliance"). The Alliance program - called the Distribution
Efficiency Initiative overseeing the installation, is a non-profit group of
electric utilities, state governments, public interest groups and efficiency
industry representatives.
"Environmental concerns, ever increasing power demand, citing concerns
related to new transmission infrastructure and a decrease in spending for new
power generation has made it imperative that utilities pursue new technologies
that maximize our current power supply," said Jeff Harris, Senior Manager of
Project Development for the Alliance (www.nwalliance.org). "MicroPlanet's
products will reduce power consumption, effectively increasing available
capacity for the servicing electric utility without capital investment in
generation or transmission infrastructure. As a result the MicroPlanet High
Voltage Regulator(TM) (HVR(TM)) offers the hope of a more efficient grid that
will reduce the amount of energy that is wasted in the distribution process."
"Existing electric grid and regulatory standards in North America still
operate under a model developed in the 1950's. MicroPlanet's electronic
voltage regulation products enable an immediate transition from the 1950's to
the distributed energy grid of the 21st century. MicroPlanet's products more
precisely regulate voltage; capturing energy wasted while delivering power to
electric utility customers. This could reduce greenhouse gas emissions for
each home by up to 1 ton per year, or millions of tons per year across the
United States, which amounts to a major improvement during this era of global
warming," said Brian Reidy, CEO of MicroPlanet. "Clearly, customers,
regulators, utilities, environmental groups and government share a common
urgency to squeeze the most from this aging power infrastructure."
MicroPlanet's High Voltage Regulator(TM) provides an energy efficiency
tool that can be rapidly deployed for peak load reduction, conservation and an
interface for distributed generation such as fuel cells, wind turbines, solar
devices or microturbines. The HVR(TM) reduces energy consumption by improving
the efficiency of the existing connection to the utility distribution
infrastructure and can help reduce operating and capital expenditures for
electric utilities by reducing exposure to the spot market for power and
offering a significantly lower cost alternative to traditional generation,
transmission and distribution infrastructure. HVR(TM) is the fastest and
cheapest way to increase grid capacity, with no environmental impact.

About MicroPlanet Technology Corp.
Based in Seattle, Washington, MicroPlanet is a distributed-energy
technologies company that offers least-cost energy solutions for utilities and
customers to promote more reliable power delivery and electrical energy
conservation. The Company manufactures and markets a proprietary line of
electronic voltage regulation products. MicroPlanet's Low Voltage
Regulator(TM) (LVR(TM)), High Voltage Regulator(TM) (HVR(TM)), Enterprise
Voltage Regulator(TM) (EVR(TM)) and Enterprise Voltage Regulator 3P(TM)
(EVR 3P(TM)), regulate the voltage delivered to a business or home, reducing
the amount of electricity needed. MicroPlanet's voltage compliance products
provide electric utilities a new tool for peak load reduction, conservation,
low voltage mitigation and an interface for distributed generation.
MicroPlanet is a public company whose common shares are listed for
trading on TSX Venture Exchange (TSXV) under the symbol: "MP". The Company has
approximately 21.0 million common shares outstanding. Visit MicroPlanet at:
www.microplanet.com and www.investorfile.com.
MicroPlanet is a trademark of MicroPlanet. All other trademarks and
registered trademarks are those of their respective companies.

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 STATEMENTS WILL TRANSPIRE OR OCCUR, OR IF ANY OF THEM DO SO, WHAT
BENEFITS THE COMPANY WILL DERIVE THEREFROM.

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE
INFORMATION CONTAINED HEREIN.

For further information: MicroPlanet Company Contacts: Brian Reidy,
President & Chief Executive Officer, Tel: (206) 625-0851,
dbreidy@microplanetltd.com; MicroPlanet Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,
gwimmer@investorfile.com

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