Seattle, WA (Sharewellnewswire.com) August 16, 2012 – MicroPlanet Technology Corp. ("MicroPlanet" or the "Company"),
(TSXV - MP & OTC - MCTYF) a provider of smart grid and power
quality technology, which significantly increases efficiency, quality,
and conservation of electricity, is pleased to announce it has received
TUV SUD America Inc. certification to multiple global standards for four
of its next generation three phase voltage regulation units which
represent the new product lines for both 110 volt and 220 volt systems.
The products were tested and certified to the following standards:
- CAN/CSA C22.2 No. 14:2010
- UL 508A/R:2010-02
- EN 60204 – 1/A1:2009
- (supplemented with IEC 62103:2003)
The following products were certified:
-
The 50 Hz 3P-230Y400V system rated for 175 Amps focused on both
commercial and distributed energy integration applications for 220 volt
jurisdictions including Australia and the EU
-
The 60 Hz 3P-120Y208V system rated for 300 Amps focused on commercial
power quality applications for 110 Volt jurisdictions including the USA
and Canada
-
The 60 Hz 3P-120Y208V system rated for 400 Amps focused on energy
conservation applications for 110 Volt jurisdictions including the USA
and Canada
-
The 60 Hz 3P-277Y480V system rated for 150 Amps focused on pump and
HVAC applications for 110 Volt jurisdictions including the USA and
Canada
These
products are now ready to be commercially deployed to offer viable,
cost-effective solutions for a variety of applications. All of the
systems are 3 phase systems designed for commercial markets and were
certified to all the noted standards. The certifications permit sales
and installation in jurisdictions including Australia, Canada, Europe,
the United States and British Virgin Islands, and many other
jurisdictions that recognize these global certifications.
"The
certification of these commercial voltage regulation units is the
culmination of many years of hard work by our dedicated staff and is a
very important milestone for the company," said Brett Ironside,
President & CEO of MicroPlanet. “These new units represent
completion of the redesign of our product suite to include the new
features and attributes end users were asking for. This redesign
includes full data and communications smart metering features, improved
power quality correction features, bi directional functionality, and a
standardized common component platform. MicroPlanet has proven its
technology the past years, most recently being highlighted in a report
presented at the World Renewable Energy Forum in Denver Colorado by the
National Renewable Energy Labs (NREL) on MicroPlanet’s successful
deployment for the Solar Decathlon. We now have the ability to
commercially install these new products and prove the commercial
business case and economic value of this technology. We will now focus
our efforts on installing units with industry leaders in Australia and
the United States specifically targeting iconic reference and
testimonial customers that could install our technology in large scale.
Our success in this objective will completely change the scope and
potential of MicroPlanet as markets recognize the ramifications of this
commercially viable energy saving and power quality improvement
technology,” concluded Mr. Ironside.
About MicroPlanet Technology Corp.
MicroPlanet
solutions improve power quality and save energy by dynamically managing
incoming voltage to a home or business through the use of patented,
advanced power electronics. MicroPlanet’s technology has been deployed
in seven countries by more than 20 utilities, the U.S military and
multiple commercial customers to save energy, improve power quality and
grid efficiency and to facilitate the integration of renewable energy
sources, including solar and wind. MicroPlanet is based in Seattle, WA
and is listed on the TSXV trading under the stock symbol: MP. www.microplanet.com.
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. 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.
NEITHER
THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THE TERM IS DEFINED
IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
MicroPlanet Investor Relations:
|
MicroPlanet Company Contacts:
|
Dave Burwell / Grant Howard
The Howard Group Ph: 888-221-0915 Fax: 403-237‐8387 |
Brett IronsidePresident & Chief Executive OfficerTel: 206-625-0851Fax: 206-625-0999
|
Source: http://www.sharewellnewswire.com/the-microplanet-voltage-regulation-products-receive-csa-en-and-ul-standards-certifications-2-2428.htm/#ixzz23nii09Og
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