Burnaby, British Columbia – April 12, 2012 – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”) is pleased to announce that, at the annual general meeting of shareholders of the Company held on March 29, 2012 and reconvened on April 12, 2012 after an adjournment (the “Meeting”), each of Randy Buchamer, Douglas Blakeway, Michael Harcourt, Troy Moreira, Dr. Jan Carr and Michael Atkinson were re-elected to the Board of Directors of the Company (the “Board”), and D&H Group LLP, Chartered Accountants was re-appointed as auditors of the Company.

In addition to the customary corporate matters approved at the Meeting, the Company’s shareholders also approved the continuation of the Company’s 10% rolling share option plan dated for reference March 24, 2010, as amended March 17, 2011, and an increase in the authorized capital of the Company to a minimum of 200,000,000 common shares and, subject to any necessary judicial approvals, to an unlimited number of common shares. The necessary corporate filings to effect the increase in the authorized capital were completed immediately following the reconvened meeting.

Burnaby, British Columbia, April 11, 2012– Legend Power Systems Inc. (“Legend Power”) (TSX-V: LPS) is pleased to provide an update on the progress of our corporate renewal journey. (Please see the recent Legend Power press releases of March 28 and 29, 2012.)

Randy Buchamer, President and COO, reports the following:

We have continued to reduce our monthly cost of operating our business. The progress chart below shows that our monthly costs have been reduced from a high of $330K in September 2010 to about $145K in April 2012. Our product costs continue to improve while we leverage best engineering practices resulting in additional gross margin.

As the chart illustrates, Legend Power now needs to sell approximately 5.9 units to break even and is profitable on an operating basis on sales above $ 3.9M.

We launched our sales program with a new and proven sales team in September 2011. We just concluded our first complete quarter with our new sales program and the results were very positive.

As mentioned in our March 29, 2012 release, during the first quarter of calendar year 2012, we received commitments for 25 units representing about $1,132,787 against an internal budget of $713,940 (represents a 57% over achievement to internal budget). Some of the units were shipped during the quarter and other units will be shipped during the next quarter or two. In Legend Power’s ten plus year history, the company has never come close to achieving the results obtained in the last quarter. Obtaining positive sales growth while reducing costs is a significant achievement.

We also completed a financing in March raising approximately $1.28M. We appreciate the markets’ confidence in our strategy and plans.

We are pleased but not satisfied with our continued results. The team knows our renewal journey has started strong but the road is long. We are confident that we will continue to deliver positive results and grow a strong business. The early positive results confirm that we have listened to our target markets and have presented our product in a way that our markets understand. The Company will continue to build and establish a strong brand in the Ontario market with visions of duplicating the business model later this year in other cities on the Eastern seaboard.

Thank you to all our supporters, stakeholders and committed shareholders. We will continue to work hard and smart to continue to enjoy your support.

About Legend Power Systems Inc.

Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a voltage optimization solution to help commercial and industrial customers to reduce electrical energy consumption and costs. Legend Power’s Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increase the life of electrical equipment, while contributing to a reduction in green house gas emissions.

Burnaby, British Columbia, March 29, 2012– Legend Power Systems Inc. (“Legend”) (TSX-V: LPS) is pleased to announce the preliminary sales results for the quarter ending March 2012, the first complete quarter after the Sales Program launch of September of 2011.  The company has exceeded its internally set targets by 57% with booked commitments for 25 units with a sales value of approximately $ 1.13 Million dollars.

Legend’s Sales Program is progressing well and is on target to meet its internal sales and growth goals for 2012.  This booked business will be delivered starting this quarter and other units will be installed through the following quarters.

“We are extremely pleased with the market traction that Legend’s products are currently achieving.  Our new sales process is proving to be a success and the results are now starting to come to fruition.  I would like to thank the Legend team for their hard work, loyalty and perseverance and our shareholders for their continued support.” said Randy Buchamer, President and COO.

About Legend Power Systems Inc.

Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a voltage optimization solution to help commercial and industrial customers to reduce electrical energy consumption and costs. Legend Power’s Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increase the life of electrical equipment, while contributing to a reduction in green house gas emissions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that 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:                 
Randy Buchamer, President and COO
Legend Power Systems Inc.
778-945-1501
www.legendpower.com

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Burnaby, British Columbia – March 28, 2012 – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”) is pleased to announce that it has completed the brokered private placement (the “Offering”) previously announced in its news release of January 19, 2012, updates of which were provided in its news releases of March 14, 2012 and March 26, 2012. The agent for the Offering was Ionic Securities Ltd. (the “Agent”).

The Offering consisted of 16,029,664 units (“Units”) of the Company at a price of $0.08 per Unit for gross proceeds of $1,282,373. Each Unit consists of one common share of Legend Power (a “Share”) and one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one Share (a “Warrant Share”) at a price of $0.15 per Warrant Share for a period of 18 months following the closing of the Offering; provided, however, that the exercise of the Warrants will be conditional upon either (the “Warrant Conditions”): (a) shareholder approval of an increase in the authorized capital so as to allow for the exercise of all outstanding convertible securities of Legend Power (including the Warrants and the Compensation Warrants, described below); or (b) the date on which a sufficient number of outstanding convertible securities of Legend Power expire so that all outstanding convertible securities of Legend Power (including the Warrants and Compensation Warrants) can be exercised within Legend Power’s current authorized capital. If these conditions are not satisfied before the date that is 18 months following the closing of the Offering, then Legend Power will redeem the Warrants at a redemption price of $0.0001 per outstanding Warrant. If either (a) or (b) above has been satisfied after the applicable four month resale restricted period and the Shares listed on the TSX Venture Exchange (the “Exchange”) trade above, and remain above, $0.45 for 20 or more consecutive trading days (an “Acceleration Event”), Legend Power will be entitled to accelerate the expiry of the Warrants to the date that is 30 calendar days following the date Legend Power gives written notice thereof to the holders of the Warrants.

The Agent (and applicable subagents) received a cash commission equal to approximately 5% of the gross proceeds raised and compensation warrants (the “Compensation Warrants”) to acquire that number of Units equal to approximately 8% of the Units sold under the Offering.  Each Compensation Warrant is exercisable into one Unit (a “Broker Unit”) at an exercise price of $0.08 per Broker Unit for a period of 18 months from closing; provided, however, that the Compensation Warrants may not be exercised until such time as one of the Warrant Conditions have occurred. If neither of the Warrant Conditions occurs before the date that is 18 months from the Closing Date, then Legend Power will redeem the Compensation Warrants at a redemption price of $0.0001 per outstanding Compensation Warrant. Each Broker Unit shall have the same terms as the Units sold under the Offering. Legend Power also reimbursed the Agent for their fees and expenses incurred in connection with the Offering.

All securities issued in connection with the Offering, including any Warrant Shares or Broker Units issuable upon the exercise of the Warrants or Compensation Warrants, as applicable, are subject to a statutory hold period expiring on July 29, 2012.  Final acceptance of the Offering by the Exchange is subject to filing of final documentation.

The proceeds from the Offering will be used by Legend Power to fund its sales operations inOntarioandBritish Columbia, and for working capital.

In addition, pursuant to the agency agreement between Legend Power and the Agent, Legend Power has agreed that, subject to Exchange approval, the Agent is entitled to select two directors to be appointed to the Legend Power board of directors. The selection of at least one such director shall occur within 6 months of the closing of the Offering.

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 Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in green house gas emissions.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any of the Shares in the United States. The Shares have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act of 1933 and all applicable state securities laws, or an applicable exemption from registration requirements.

Forward Looking Information This release may contain forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Legend Power believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Legend Power’s management on the date such statements were made. Legend Power expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Shabir Dhanani
Chief Financial Officer and Corporate Secretary

Legend Power Systems Inc.

+ 1 604 420 1500

sdhanani@legendpower.comLEGEND POWER SYSTEMS INC.

8561 Commerce Court

Burnaby,BCV5A 4N5

+1 604 420 1500

www.legendpower.com

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

Burnaby, British Columbia – March 26, 2012 – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”) announces that its Chairman and Chief Executive Officer, Gerry Gill, advised the Company on March 23, 2012 that he will be retiring effective immediately. The Company has appointed Randy Buchamer, President and Chief Operating Officer of the Company as acting Chief Executive Officer of the Company. Mr. Gill has also resigned as a director of the Company and will no longer be standing for re-election at the Company’s March 29, 2012 annual general meeting. The Company intends to fill the vacancy that will be left by Mr. Gill once a suitable candidate has been identified.

Mr. Gill, who founded Legend Power in 2001, feels that it is an appropriate time for him to step down as he will be 65 years of age this April. Mr. Gill said “The Company is in good shape. It is completing a financing, getting sales and has a competent and committed team of employees to carry out the Company’s plan”. Gill also said “he wanted to thank all of the shareholders, employees and board of directors for their support over the past 12 years”.

In addition, the Company is pleased to announce that its previously announced brokered private placement (the “Offering”) has been increased by 1,654,664 units of Legend Power (“Units”) to approximately 16,029,664 Units at a price of $0.08 per Unit for aggregate gross proceeds of approximately $1,282,373. The increased size of the Offering includes the full exercise by Ionic Securities Ltd. of its option to over-allot the Offering by 1,875,000 Units. Full details of the Offering are set out in the Company’s news releases issued on January 19, 2012 and March 14, 2012, which are available on SEDAR at www.sedar.com.

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 Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in green house gas emissions.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any of the Shares in the United States. The Shares have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act of 1933 and all applicable state securities laws, or an applicable exemption from registration requirements.

Forward Looking Information This release may contain forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Legend Power believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Legend Power’s management on the date such statements were made. Legend Power expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The entire province of Ontario became more efficient for one hour on February 7^th 2012.

Once every 18 months the Independent Electricity System Operator (“IESO”) completes a province wide voltage reduction test.  The purpose of this test is to determine the power savings that can be achieve by reducing voltage.  In short, if a power plant was to catastrophically fail, would lowering voltage by 5% reduce energy consumption enough to keep the province running?

There are two key takeaways:

1. Most buildings can reduce voltage by a minimum of 5%.  The voltage reduction test took place on February 7^th, 2012.  Did you even notice? 

“Voltages are still expected to be within established industry standards for electrical equipment used by residential and commercial consumers” 

 Voltage reduction Question and Answer
http://www.ieso.ca/imoweb/siteShared/voltage_reduction.asp?sid=bi

2. Lowering voltage saves energy. The IESO knows this, and now you do too.

“…a voltage reduction can lower demand quite quickly and minimize the likelihood of service interruptions.”

IESO Plans Routine Voltage Reduction Test

http://www.newswire.ca/en/story/916747/ieso-plans-routine-voltage-reduction-  

For a brief one hour period all of Ontario was using less energy, polluting less and spending less money to run its buildings.  What would happen if every building operated at a more energy efficient voltage level?  Legend Power can make this happen.

Legend Power automatically adjusts unnecessarily high voltage levels entering a commercial building, just like the IESO did on February 7^th 2012.  We offer a sophisticated energy saving dial for commercial buildings that works and is also approved for up to 50% incentive funding from the Ontario Power Authority.

Wouldn’t it be great if conserving electricity was as simple as turning a dial?  It can be.

Legend Power was featured in the winter issue of the Bullfrog Buzz.

Enjoy the article below:

Legend Power Corporate Update November 2011

At Legend Power we are committed to continuing on our corporate renewal to make Legend Power a sustainable and high growth organization. During 2011, we developed a compelling strategic plan, properly priced and positioned our product and reduced our cost of running the business. We have completed our revamp of all areas of our business and we will closely monitor our results and where required, continue to fine tune areas of the company for optimum results. Our “reengineering” of Legend Power is done; it is time to profitably grow the business.

Quite frankly, after the first quarter of 2011, it was apparent that the incumbent sales team and existing sales system were not capable of consistently meeting corporate revenue targets. I am now confident that changes have been made to correct that.

During the summer, we added Peter Hwang as our Director of Sales based in Toronto. Peter is a proven energy industry performer and together we have engaged three very experienced energy sales directors to represent Legend Power in the Ontario market. Peter and his team have sold tens of millions of dollars of energy efficiency solutions throughout Ontario over the last several years. In my opinion, this is an “A” sales team.

The primary goal of the new sales team is to ensure that we achieve our sales potential by utilizing a systemic and repeatable sales model. This model will be replicated and stamped within any territory and expanded aggressively with strategic channel partners. The key was developing and validating it prior to a large scale expansion.

The sales team has implemented some key strategic objectives to ensure a successful sales launch. Firstly, they initiated a core lead generation strategy that is on track and measuring to create sufficient leads to drive our sales target. This level of activity combined with our completely revamped value proposition and supporting marketing collateral provides the sales team with enough qualified prospects to quickly ramp up revenue and achieve on-going profitability.

This ongoing level of consistent activity with a clear and concise message is the key to our success. We developed and implemented a sales training program which is being used internally and with our new key channel partners.

Legend Power will soon announce significant progress on securing partnerships with proven energy solution resellers to resell our solutions in Ontario and when appropriate to other regions across North America.

By implementing our new process over the last few months, we have received several new commitments for future installations of our products.

We will continue to utilize our Q & A format update based on the most common questions asked by our shareholders:

How are things going? Are you making progress?

• We continue to implement our business plan and we are securing commitments for our products. We have taken the necessary steps to ensure we have proven sales talent and a world-class sales system to drive our sales. Since our September implementation of the new system, results have been very positive and we believe we have the right sales process in place to be successful.
• We continue to manage the cost of running the business and manage our cash very closely. We are focused on growing our revenue so we quickly achieve profitability.
• We also are having numerous senior discussions with International property managers, resellers and other strategic clients that could result in “company-maker” contracts.

Since the January 2011 turnaround launch, what have you learned and do you still believe Legend Power will be successful?

• I have no doubt we will be successful. Our team is pumped about the future of Legend Power.
• Turnarounds take time and one must be open to challenging the status quo and have the will to implement positive change. We have the will and we are most certainly committed to take the necessary steps to make Legend Power successful. In short, we are absolutely committed.
• We have “listened to the voice of our customer” and we are making the necessary changes to our business to align our customers’ expectations with our solutions and services. We have made huge strides here and we will continue to modify our business practices appropriately.
• We have experienced some funding incentive approval and payment delays since the Ontario Power Authority (OPA) altered their incentive program. Although the changes have been mainly administrative, we are working with the OPA to improve the timeliness of processing our incentive requests and payments so we can provide timely information to our prospects. We expect the program delays to be eliminated by the end of this year.
• Our new sales team and sales processes continue to properly engage our prospects and systemically drive the buying process to shorter sales cycles. The changes made to our sales personnel and systems are the most profound improvement made since I joined the company. We have very high expectations of our sales team and processes.

There hasn’t been much news on Legend Power. Do you expect more press releases about the company’s progress on a go forward basis?

• Yes. During a turnaround, although there is a lot of activity and progress, the progress may not be press worthy. We have had long “quiet” periods without issuing news releases but on a go forward basis you should expect more press releases detailing clear proof that we are making solid progress.
• With continued positive results we will be more aggressive in sharing our story and progress with the investment community.

So you are confident that Legend Power has a bright future and will prove to be a good investment for your stakeholders?

• Absolutely. We have worked hard to turn around the company and achieve alignment with our prospects and markets. Before we changed the sales team and process, we were trying to sell technology and everything we did made it seem complicated and perhaps even risky.
• We have implemented a sales system that has been validated by our prospects and third party industry players. We have taken huge strides to present a proper business solution to our target markets in a way that they understand and value the business impact our solution may have in their organizations.
• The new sales team is an experienced professional group with many successful sales years in our target markets. Our resellers have existing relationships with our prospects and they have developed significant trust with our prospects over the years. The resellers are very excited about our product and our sales system and are committed to growing their sales of Legend Power solutions.
• Overall we have made great progress turning around Legend Power. Today’s Legend Power is very different from the Legend Power of late 2010:
  • We have clarity on our business strategy
  • Team morale is high
  • Monthly burn rate cut in half
  • Reduced product costs and increased margins.
  • Proven new sales team and process
  • Reseller channel growing
  • Target market feedback is very positive

We believe we are just at the beginning of a growth stage that will make Legend Power an industry leader in energy conservation. The key ingredients are in place and it is now a function of execution to be successful.

We will continue to work hard and smart to deserve your trust.

Best regards

Randy Buchamer

Legend Power’s journey of corporate renewal continues. We launched our new business plan in January and we are encouraged that our plan and the implementation of our sales strategies are working. There have been some hurdles but they are now addressed. We have a new Leadership Team, a corporate vision, operating style and an enhanced sales group.

We continue to take the necessary steps and actions required to ensure that our turnaround plan leads to a sustainable, compelling and successful long term enterprise that rewards all stakeholders. We are not cutting corners and focusing on short term results. The Legend Team has a plan, is unified and absolutely focused on making Legend Power a long term successful company.  The market feedback on our new positioning and approach has been very positive.

At the end of Q2 2011, we released a Q&A format update based on the most common questions asked by our shareholders. The following questions and answers are intended to update you on our progress.
How are things going? Are you making progress?

• We, the Legend Power Team, have made great progress executing our business plan.  We have cash well into Q1 2012 without sales and with forecasted sales, sufficient cash to see us through another year.
• We continue to improve the business by managing our costs and developing a strong sales model:
•  We have reduced our total monthly cash expenses to about $ 140K/month. This is a 30% reduction from January 2011 ($200K/month) and 50% from October 2010 ($280K/month).
• Our team is building a repeatable sales process that identifies a prospect’s energy problems and presents a proven risk free solution to help our customer achieve its energy conservation goals.  Opportunities in the sales funnel are growing.
• We have strengthened our sales team with experienced and proven industry sales professionals.  We have added top level talent to execute our improved sales process.

LPS is 6 months into a turnaround, what have you learned and are you still a believer?

• Yes absolutely, more than ever!
• I am very encouraged by the team’s achievements six months into this turnaround.  We installed several units during 2011 and we have exceeded the targeted energy savings.  This is great news.
• Our value proposition is strong and will continue to be refined based on market feedback.
• We have secured and are in discussions with several large prospects that have either provided Legend with start up orders or committed to pilot our products and roll out Legend solutions based on meeting agreed parameters.
• We are confident that our order book will continue to grow and we expect to achieve a consistent order flow by the fall.

Why is the stock price so low since going public?

• Legend Power did not deliver on the original business plan and investor confidence faded.
• Our 2011 new Leadership Team’s turnaround efforts are appreciated but the market is waiting for continued tangible results to confirm that our turnaround plan is effective.
• As we deliver on our plan, we will earn the trust of investors and our stock price will reflect that confidence.

Why do you believe Legend will achieve sales success now?

• Legend Power has developed a strong product that is relevant to market demands.  Over the past 6 months we have worked hard towards repositioning Legend as an innovative and proven energy conservation solution.  By reducing our product cost, increasing margins and implementing a strong sales process with proven sales leaders, our chances of success are great.
• We have had a good productive first six months. I am personally excited about our progress and the significant opportunity available to us. We are confident that we will continue to show tangible progress quarter by quarter.
• We can significantly grow our business without incurring much additional overhead costs. We are scalable.
• Legend Power is now ready for success.  We have identified clear goals and have implemented a business plan that will allow Legend Power to develop into a successful organization.

Again, we appreciate all of our stakeholders’ support and we look forward to building Legend Power into a successful and sustainable energy conservation company.

Best regards,

Randy Buchamer,
President  & COO