UTS Year-End Financial Results and Conference Call Advisory

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TSX Trading Symbol: UTS

CALGARY, March 23 /CNW/ - UTS Energy Corporation will be releasing its fiscal 2009 year-end financial results and hosting a conference call to discuss them.

    
    Results will be issued on Wednesday, March 24 after close of market
    Conference call will be at 9:00 am EDT/7:00 am MDT on Thursday, March 25,
    2010
    

The conference call will consist of formal remarks followed by a question and answer session. Participants will be:

    
    Will Roach, President and Chief Executive Officer
    Wayne Bobye, Vice President and Chief Financial Officer
    Howard Lutley, Vice President, Mining and Extraction
    Martin Sandell, Vice President, Engineering
    Daryl Wightman, Vice President, Resource Development and Business
    Strategy
    Jina Abells Morissette, Vice President, General Counsel and Corporate
    Secretary
    

An online slide presentation will accompany the presentation.

    
    Live call participation: 647-427-7450 or 888-231-8191
    Recorded call playback:  800-642-1687, passcode: 65091669 followed by the
                             number sign (until April 29, 2010)
    Webcast (and slides):    http://www.uts.ca or
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3005640
    The replay of the Webcast is available for 90 days at http://www.uts.ca
    

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: please contact: Dr. William J. F. Roach, President and Chief Executive Officer at [phone]