MicroPlanet Technology Corp MCTYF

Products saving energy at Kapula Resort

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MicroPlanet (TSXV-MP) - Products Saving Energy at Kapula Resort INVESTOR RELATIONS CONTACT: Gerry Wimmer INVESTORFILE.com T: 416-360-8895 / TF: 1-888-894-8222 E: [e-mail] Newswire link: https://www.newswire.ca/en/releases/archive/September2007/24/c4016.html -------------------------------------------------------------------------------- KAPALUA RESORT LAUNCHES ENERGY CONSERVATION INITIATIVE WITH MICROPLANET PRODUCTS Pilot Test Conducted to Save Energy and Reduce Greenhouse Gas Emissions KAPALUA RESORT, MAUI, HAWAI‘I -- As part of Maui Land & Pineapple Company’s ongoing commitment to energy conservation and sustainability practices, the company has conducted a pilot program over the past six months to test the effectiveness of MicroPlanet products at its facilities in the Kapalua Resort. MicroPlanet is a high technology, energy conservation company that introduced its commercial 3-Phase and residential voltage regulation systems to Kapalua Resort in an effort to reduce energy consumption and reduce greenhouse gas emissions. The results of the first pilot site indicate the new technology is saving 12.87% on kWh consumption and reducing kVAR by 34.48% for the entire commercial building at the pilot site at Kapalua Resort. The equipment is expected to have a payback period of less than three years. Cliff Smith, Development Manager for Maui Land & Pineapple Company (MLP), remarked, “We were very impressed with the results of the pilot tests and see further implementation of the MicroPlanet technology as the perfect opportunity to be true to our vision of wise resource stewardship with the added benefit of reducing costs.” MicroPlanet’s technology helps to reduce the total amount of energy we need to produce by significantly increasing the efficiency of the electric grid. MicroPlanet’s products dynamically manage the voltage delivered to a business or home to optimal levels, which saves energy, lowers electricity bills and helps reduce greenhouse emissions. The products also reduce peak period demand and can improve utility services. “The partnership with MLP is significant for MicroPlanet. It is further validation that our commercial 3-Phase products are being rapidly adopted by clients to reduce energy consumption and greenhouse emissions. MicroPlanet has now installed over 600 systems with clients and in pilot programs that continue to return very positive results,” said Bruce Lisanti, President and CEO of MicroPlanet. MLP, which is developing several new projects within Kapalua Resort, is committed to green building with low-emitting materials, using state-of-the-art sustainable land use management plans and energy reducing power systems. For more information on Kapalua Resort development plans, contact Smith at [phone] or by email: [e-mail]. To find out more about MicroPlanet technology, contact Lisanti at [phone] or by email: [e-mail]. About KAPALUA RESORT Kapalua Resort is a 23,000-acre, master-planned community set amidst a working pineapple plantation on Maui’s northwest coast. The resort is renowned for its world-class golf courses - The Bay and The Plantation Courses; ten residential communities, including the upcoming Residences at Kapalua Bay; premier accommodations at The Ritz-Carlton, Kapalua; The Kapalua Villas, a vacation rental program; Kapalua Luxury Homes, a luxury home rental program; a tennis complex; three white sand beaches, including two of America’s Best Beaches, and a myriad of restaurants and shops. Kapalua Resort hosts a signature event series each year: the PGA TOUR’s season-opening Mercedes-Benz Championship in January, Whale Quest Kapalua in February, The Ritz-Carlton, Kapalua’s Celebration of the Arts festival in April, Kapalua Wine & Food Festival in June and the Kapalua LPGA Classic beginning October 2008. For more information, visit kapalua.com. About MAUI LAND & PINEAPPLE COMPANY, INC. Maui Land & Pineapple Company, Inc. (AMEX: MLP) is committed to the integration of agriculture, natural resource management and eco-effective design principles to create and manage holistic communities. MLP’s vision of holistic communities is based on the traditional Hawaiian model of ahupua‘a, a system of self-reliance which incorporates the artful use of land and water resources to sustain island life indefinitely. MLP is a Hawai‘i corporation and successor to a business organized in 1909. Its principal operating subsidiaries are Maui Pineapple Company Ltd., a producer and marketer of Maui-grown pineapple, and Kapalua Land Company Ltd., operator of Kapalua Resort, a master-planned resort community in West Maui. To find out more, see mauiland.com. About MICROPLANET, INC. 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 29.8 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. MicroPlanet Company Contacts: Bruce Lisanti President & Chief Executive Officer Tel: [phone] [e-mail] MicroPlanet Investor Relations Gerry Wimmer INVESTORFILE.com Tel: [phone] Toll Free: 1-888-894-8222 [e-mail]