MicroPlanet Voltage Regulation Products Receive CSA / EN / and UL Standards Certifications

Company: MicroPlanet Technology Corp.
Stock Listing: TSXV - MP
Stock Listing (US): OTC - MCTYF
Web Site: www.microplanet.com

SEATTLE, Aug. 16, 2012 /CNW/ - MicroPlanet Technology Corp. ("MicroPlanet" or the "Company"), (TSXV - MP & OTC - MCTYF) a provider of smart grid and power quality technology, which significantly increases efficiency, quality, and conservation of electricity, is pleased to announce it has received TUV SUD America Inc. certification to multiple global standards for four of its next generation three phase voltage regulation units which represent the new product lines for both 110 volt and 220 volt systems.

The products were tested and certified to the following standards:

• CAN/CSA C22.2 No. 14:2010
• UL 508A/R:2010-02
• EN 60204 - 1/A1:2009
• (supplemented with IEC 62103:2003)

The following products were certified:

• The 50 Hz 3P-230Y400V system rated for 175 Amps focused on both commercial and distributed energy integration applications for 220 volt jurisdictions including Australia and the EU
• The 60 Hz 3P-120Y208V system rated for 300 Amps focused on commercial power quality applications for 110 Volt jurisdictions including the USA and Canada
• The 60 Hz 3P-120Y208V system rated for 400 Amps focused on energy conservation applications for 110 Volt jurisdictions including the USA and Canada
• The 60 Hz 3P-277Y480V system rated for 150 Amps focused on pump and HVAC applications for 110 Volt jurisdictions including the USA and Canada

These products are now ready to be commercially deployed to offer viable, cost-effective solutions for a variety of applications. All of the systems are 3 phase systems designed for commercial markets and were certified to all the noted standards. The certifications permit sales and installation in jurisdictions including Australia, Canada, Europe, the United States and British Virgin Islands, and many other jurisdictions that recognize these global certifications.

"The certification of these commercial voltage regulation units is the culmination of many years of hard work by our dedicated staff and is a very important milestone for the company," said Brett Ironside, President & CEO of MicroPlanet. "These new units represent completion of the redesign of our product suite to include the new features and attributes end users were asking for. This redesign includes full data and communications smart metering features, improved power quality correction features, bi directional functionality, and a standardized common component platform. MicroPlanet has proven its technology the past years, most recently being highlighted in a report presented at the World Renewable Energy Forum in Denver Colorado by the National Renewable Energy Labs (NREL) on MicroPlanet's successful deployment for the Solar Decathlon. We now have the ability to commercially install these new products and prove the commercial business case and economic value of this technology. We will now focus our efforts on installing units with industry leaders in Australia and the United States specifically targeting iconic reference and testimonial customers that could install our technology in large scale. Our success in this objective will completely change the scope and potential of MicroPlanet as markets recognize the ramifications of this commercially viable energy saving and power quality improvement technology," concluded Mr. Ironside.

About MicroPlanet Technology Corp.

MicroPlanet solutions improve power quality and save energy by dynamically managing incoming voltage to a home or business through the use of patented, advanced power electronics. MicroPlanet's technology has been deployed in seven countries by more than 20 utilities, the U.S military and multiple commercial customers to save energy, improve power quality and grid efficiency and to facilitate the integration of renewable energy sources, including solar and wind. MicroPlanet is based in Seattle, WA and is listed on the TSXV trading under the stock symbol: MP. 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.  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.

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SOURCE: MicroPlanet Technology Corp.

MicroPlanet Investor Relations:
Dave Burwell / Grant Howard
The Howard Group
Ph: 888-221-0915
Fax: 403-237‐8387
[email protected]
www.howardgroupinc.com

MicroPlanet Company Contacts:
Brett Ironside
President & Chief Executive Officer
Tel:  [phone]
Fax: [phone]
[email protected]