MicroPlanet Announces Postponement of Annual and Special Meeting of Shareholders to July 2, 2013

SEATTLE, WASHINGTON--(Marketwired - June 25, 2013) -

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MicroPlanet Technology Corporation ("MicroPlanet" or the "Corporation") (TSX VENTURE:MP)(PINKSHEETS:MCTYF) a provider of smart grid and power quality technology, which significantly increases efficiency, quality and conservation of electricity is announcing that its annual and special meeting of shareholders scheduled for June 25, 2013 at 1:30 PM at the offices of Bennett Jones LLP, Suite 4500, 855-2^nd Street S.W., Calgary, AB shall be postponed as a result of the state of emergency declared in Calgary following widespread flooding, transportation closures and evacuations.

The annual and special meeting of shareholders will now be held on July 2, 2013 at 1:30 PM at the offices of Bennett Jones LLP, Suite 4500, 855-2^nd Street S.W., Calgary, AB.

About MicroPlanet Technology Corp.

MicroPlanet Technology Corp. is a smart grid, energy conservation Corporation whose technology improves power quality and saves electric energy by the dynamic management of incoming voltage to a home or business. Installation of MicroPlanet products for utilities has improved utility services and facilitates the integration of renewable energy sources, including solar and wind, to the power grid. MicroPlanet is based in Seattle, WA and is listed on the TSX Venture Exchange (TSX-V) trading under the stock symbol: MP. MicroPlanet's website is www.microplanet.com.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THE TERM DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.