MP

MicroPlanet Technology Corporation ("MicroPlanet" or the "Corporation") (TSX
VENTURE:MP)(PINKSHEETS:MCTYF), a provider of smart grid voltage regulation
technology that significantly increase the efficiency, quality and conservation
of electricity, and also enables the integration of alternative energy into
power grids, announces the joint acceptance and qualification of the MicroPlanet
Voltage Regulating Converters for use in the Tyree Industries Pty Ltd. Regformer
products, a change in its Board of Directors and reports its unaudited interim
consolidated financial results for the three-month period ended March 31, 2013
(the "Quarter"). 


Tyree Qualification and Acceptance 

Tyree Industries Pty Ltd Australia ("Tyree"), the leading supplier of power
transformers in Australia, and MicroPlanet have completed their extensive
testing of the MicroPlanet Regulating Converter as contemplated by their
previously announced (November 13, 2012) Integration and Commercialization
Agreement ("Agreement"). In issuing the Certificate of Acceptance, Tyree and
MicroPlanet accepted and approved the Voltage Regulating Converters as designed,
manufactured and tested by MicroPlanet. The Certificate of Acceptance states
that, "The Voltage Regulating Converters performed to specification and
functional performance characteristics criteria as required in the Regformer(TM)
Products. Testing as conducted by Tyree Industries is performed in accordance
with ISO9001 requirements." The Regformer(TM) product line represents new Tyree
product offerings that integrate MicroPlanet's unparalled voltage regulation
technology with Tyree's market leading transformers. With this acceptance Tyree
and MicroPlanet commence the commercialization phase of the Agreement, which
could result in license fees of $15.8 million to MicroPlanet over the first
three years.


Change in Board 

Tom Van Horn, a member of MicroPlanet's board of directors since 2006, has
accepted the position as CEO of a high-tech Internet startup company. As a
result Mr. Vanhorn has concluded that he should resign from the board of
MicroPlanet. The board thanks Mr. Vanhorn for his contributions to the company
over past seven years and wishes him the very best in his new endeavor.


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): 




--  Tested and shipped prototype module in accordance with the Company's
    Commercialization Agreement with Tyree Industries Pty Ltd (Tyree), the
    leading supplier of power transformers in Australia. 
--  Tyree conducted and successfully completed a comprehensive range of
    tests of the Company's prototype module integrated with Tyree's
    transformer. 
--  With this success of both parties' testing, Tyree and the Company have
    accepted the design of the Company's prototype module and the parties
    are actively commencing the commercialization phase of its previously
    announced (November 13, 2012) agreement, which could result in license
    fees of $15.8 million to the Company over the first three years. 
--  Product sales of $65,198 to two utility companies in Australia. 
--  Received a $53,000 deposit for future delivery of 6 additional units of
    the Company's new three phase product. 
--  Received a request from the Department of Energy's National Research
    Energy Laboratory and received a purchase order with deposit, to provide
    the Company's voltage regulation products to help manage the micro grid
    at their biennial Solar Decathlon event in October. 
--  Issued share capital and warrants that provided gross proceeds of
    $788,144. 
--  Financial Summary for the period ended June 30: 

----------------------------------------------------------------------------
                    Three months ended June 30,   Six months ended June 30, 
                    --------------------------- ----------------------------
                             2013          2012          2013          2012 
                    --------------------------- ----------------------------
Sales                $     65,198  $          -  $    172,638  $     77,962 
Operating loss       $   (665,688) $   (528,343) $ (1,098,363) $ (1,018,993)
Comprehensive loss   $   (154,185) $   (527,787) $   (110,430) $   (256,918)
Basic loss per share $    (0.0012) $    (0.0051) $     0.0008  $     0.0025 
Weighted average                                                            
 shares outstanding   132,462,064   103,402,097   130,014,774   103,402,097 
----------------------------------------------------------------------------



MicroPlanet's unaudited consolidated financial information for the three-month
and six-month periods ended June 30, 2013 and 2012, along with the accompanying
Management's Discussion and Analysis for the same period is available on SEDAR
(www.sedar.com).


About MicroPlanet Technology Corp.

MicroPlanet Technology Corp. is a smart grid, energy conservation Corporation
whose technology regulates voltage steplessly, with unrivalled speed and
accuracy. MicroPlanet Technology Corporation products are used by utilities to
optimize the management of voltage on their networks, to improve power quality,
and to manage the integration of bi-directional distributed energy from solar PV
and wind into the power grid. In commercial and residential building
installations, MicroPlanet products have been proven to significantly increase
equipment useful lives and reduce electric bills, maintenance costs and
greenhouse gases. 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.


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


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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