Legend Power announces director appointments and resignations

VANCOUVER, Jan. 16, 2014 /CNW/ - Legend Power Systems Inc. (TSXV: LPS) ("Legend") is pleased to announce the appointment of two new directors, Mr. Matthew Walker and Mr. Jamie Blundell.

Matthew Walker began his career in commercial real estate in 1996 with Avison Young, a North American commercial real-estate firm with 53 continent wide offices. He became a principal at Avison Young's Vancouver office in 2001 and holds a number of professional designations. He brings with him a unique and comprehensive understanding of investment sales, property management and leasing market knowledge.  His international reach and understanding of key real estate market dynamics in North American will greatly assist Legend as it develops an expansion strategy into other markets.

Jamie Blundell brings over 20 years of experience in senior management roles. He has a broad range of experience and operational expertise in rapidly growing companies, has directly managed over 500 employees, and has had extensive dealings with private equity firms and large corporate divestitures. With his diversified cross functional work experience and knowledge of international markets, he has been an integral part of numerous turn around and growth situations. Mr. Blundell earned an executive MBA from Queen's University in 2000, has been recognized as a top performer throughout his career and has a track record of business success.

Michael Atkinson, Chairman of Legend Power states, "Legend is thrilled to add two very qualified individuals to its board.  Both individuals are proven performers, having achieved success early in their business careers, and are expected to contribute to Legend's success as we grow our business".

Legend also announces the resignation from the board of Mr. Troy Moreira and Mr. Michael Thomson. Legend thanks the outgoing directors for their past services and wishes them well in their future endeavours.

About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power's electrical savings solution helps companies reduce their electricity bills, maintenance costs and increases the life of electrical equipment, while contributing to a reduction in greenhouse gas emissions.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE Legend Power Systems Inc.