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MicroPlanet Technology Corp MCTYF

MicroPlanet Technology Corp. is a smart grid, energy conservation company. The Company is a provider of smart grid and power technology and products. The Company's products are used by utilities to optimize the management of voltage on their networks, to manage power quality, and to manage the integration of bi-directional distributed energy from solar photovoltaic (PV) and wind into the power grid. The Company's products are used in commercial and residential building installations. The Company's technology solutions have been deployed in approximately seven countries by over 20 utilities, the United States military and various commercial customers.


GREY:MCTYF - Post by User

Bullboard Posts
Post by Gilaaaaon Mar 15, 2010 9:27am
435 Views
Post# 16882581

changes, and what it means ??

changes, and what it means ??

Can any one, explain this move . Why and what it could mean. Was this the reason why we saw a little life in the stock ???


MicroPlanet Technology names Ironside as president, CEO
TickerSymbol: C:MP

MicroPlanet Technology names Ironside as president, CEO

MicroPlanet Technology Corp (C:MP)
Shares Issued 41,775,219
Last Close3/12/2010
.13
Monday March 15 2010 - News Release

Mr. Brett Ironside reports

MICROPLANET APPOINTS BRETT IRONSIDE AS PRESIDENT & CEO

MicroPlanet Technology Corp. director Brett Ironside willreturn as the company's president and chief executive officer. The Company'sBoard of Directors thanks Mr. Bruce Lisanti for his contribution over the past 3years.

Brett Ironside commented, "I am excited to reassume the roleof President & CEO as utilities worldwide are actively pursuing smartgrid technologies for large-scale grid efficiency deployments. My immediatefocus will be joining our sales team and meeting with key customers around theworld to maximize our sales momentum in 2010 for our next generation smart gridenergy conservation products for both the utility and commercialmarketplaces."

Ironside continued, "Energy efficiency technologies such asours are gaining acceptance as prospective customers recognize the return oninvestment, power quality improvements, environmental benefits, and gridstability that can be gained from deploying the class leading technology offeredby MicroPlanet. Our R&D, engineering, manufacturing and operations teamshave positioned this Company to deliver the new products that our customerswant, in quantity and at margin."

"As a major shareholder of MicroPlanet, I am committed toraising the profile of the Company within the clean tech investment community,"said Ironside. "I am extremely optimistic about the growth potential ofMicroPlanet and the emerging energy efficiency marketplace."

? 2010 Canjex Publishing Ltd.



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