MP

MicroPlanet Technology Corp. ("MicroPlanet" or the "Company") (TSX
VENTURE:MP)(PINKSHEETS:MCTYF), a provider of smart grid technology which
significantly increases efficiency, quality, and conservation of electricity,
has appointed Edward Garth as the Company's Chief Financial Officer and reports
its interim unaudited consolidated financial results for the three-month period
ended March 31, 2013 (the "Quarter"). 


Announcing Edward Garth as Chief Financial Officer 

"We are delighted to have Ed join our executive team. While my three months at
MicroPlanet has further confirmed my optimism of the substantial growth
opportunities that are close at hand," reports Joe Tanner, Company CEO, "there
is much to do. With his over thirty years of collaborative financing and
building of high technology companies, Ed brings a broad set of critical tools
that are essential to the Company as it positions itself to maximize the
opportunities being developed in Australia." Mr. Garth commenced his career as a
CPA with Touche Ross & Co. as an auditor and tax advisor. As a consummate
entrepreneur for the past 30+ years, Ed has managed the financial,
administrative and legal affairs of over twenty-five private and public
companies as founder, turn-around specialist, advisor and/or executive officer.


MicroPlanet reported the following results for the Quarter 

The Company's results for the Quarter include (all dollar figures are reported
in U.S. currency, unless otherwise stated): 




--  Built the prototype module in accordance with the Company's
    Commercialization Agreement with Tyree Industries Pty Ltd, the leading
    supplier of power transformers in Australia. 
--  Completion of the prototype module was the first step in a process that
    is expected to result in the Company supplying certain components and
    licensing its technology in accordance with the Tyree agreement. As
    previously announced (November 13, 2012) this agreement provides for
    minimum license fees of $15.8 million to the Company over the first
    three years. 
--  Recruitment of a new Chief Executive Officer. 
--  Sales of $107,440 to a utility company in Australia. 
--  Operating expenses of $512,487. 
--  Received gross proceeds of $379,965 from the issuance of convertible
    notes. 



Financial Highlights 

Comprehensive income for the Quarter was $43,755 compared to comprehensive
income of $270,869 in the same Prior Year Quarter with the current and prior
year Quarters, both Quarters being computed net of gains (losses) resulting from
changes in the fair value of warrant liability and convertible debt, $319,641
(2012, $936,021) and $291,640 (2012, ($36,205)) respectively.


MicroPlanet's unaudited consolidated financial information for the three-month
periods ended March 31, 2013 and 2012, along with the accompanying Management's
Discussion and Analysis for the same period is available on SEDAR
(www.sedar.com).




----------------------------------------------------------------------------
                                               3-months             3-months
Income Statement (unaudited)                     ending               ending
(US$)                                    March 31, 2013       March 31, 2012
----------------------------------------------------------------------------
Revenue                                $        107,440     $         77,962
----------------------------------------------------------------------------
Operating loss                         $        512,487     $        512,100
----------------------------------------------------------------------------
Comprehensive Income                   $         43,755     $        270,869
----------------------------------------------------------------------------
Basic and diluted income per share     $           0.00     $           0.00
----------------------------------------------------------------------------
Weighted average shares outstanding         127,540,292          103,402,097
----------------------------------------------------------------------------



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.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MicroPlanet Technology Corp.
Joe Tanner
President & Chief Executive Officer
360-910-1600
206-625-0999 (FAX)
jtanner@MicroPlanet.com


MicroPlanet Technology Corp.
Brett Ironside
Director of Licensing & Acquisitions
403-560-3636
206-625-0999 (FAX)
bironside@MicroPlanet.com
www.microplanet.com

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