UTS Energy Corporation releases year end results

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TSX Trading Symbol: UTS

CALGARY, March 24 /CNW/ - UTS Energy Corporation ("UTS" or the "Company") announces that it has filed its audited financial statements and management's discussion and analysis for the year ended 2009. The Company has also filed its Annual Information Form which includes contingent resources data and other oil and gas information for the period ended December 31, 2009 and the reports as mandated by National Instrument 51-101. These documents are available for viewing on SEDAR at www.sedar.com or our website at www.uts.ca under "Investors Center - Reports".

    
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     Webcast (and slides):    http://www.uts.ca or
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UTS is focused on the creation of shareholder value through exploration, development and production of hydrocarbon resources, mainly mineable oil sands deposits from the Athabasca oil sands area in north eastern Alberta.

UTS Energy Corporation is based in Calgary, Alberta. The Company's common shares (UTS) are traded on the Toronto Stock Exchange.

For further information: Dr. William J. F. Roach, President and Chief Executive Officer, at [phone]