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

Energy Conservation Cash Rebates Increase for Legend Power Customers across Ontario

Burnaby, British Columbia, July 5, 2011 – Legend Power Systems Inc. (“Legend”) (TSX-V: LPS) has successfully secured an Ontario-wide cash rebate that reduces our customers’ purchase price by up to 50%.    This recently launched incentive, branded as the saveONenergy retrofit program, is available to all businesses throughout Ontario.    Legend is able to secure this cash rebate on behalf of its customers to seamlessly reduce their one time capital investment towards energy efficiency.

Bala Gnanam, Director of Projects and Operations at the BOMA CDM Program, comments , “The province-wide reach of the new program and the standardized  application process should help energy conservation  companies like Legend secure funding for all of their customers across Ontario to help deliver significant results.“  The BOMA CDM Program is considered one of the industry’s most successful conservation programs ever delivered to the Ontario market.

Legend’s energy conservation solution saves money by reducing electrical energy use and decreasing building maintenance costs.  Offering this cash rebate as part of its energy solution allows its customers to achieve even greater financial savings.  Legend’s energy conservation solution is eligible for the highest incentive value at $800 per kW; this is double the dollar value that a traditional energy conservation retrofit, such as a lighting upgrade, would receive.

Legend Power strives to deliver the best value possible to its customers and is extremely excited to now be able to offer such a great incentive that strongly enhances the financial value delivered to its customers.

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.

Burnaby, British Columbia, February 17, 2011 – Legend Power Systems Inc. (“Legend Power”) (TSXV: LPS) (FSE: XLE) is pleased to announce the sale of five Harmonizer-AVR’s to one of Canada’s largest retailers.   Installation at five Ontario locations is expected to be completed by the end of March 2011.   Once completed, this project is expected to eliminate 110 metric tons of greenhouse gas emissions and save over 500,000 kWh of electrical energy.

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 increases 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.

Burnaby, British Columbia, February 15, 2011–Legend Power Systems Inc. (“Legend Power”) (TSXV: LPS) (FSE: XLE) announces significant technical and value proposition improvements to their next generation of voltage optimization solutions. Legend Power now offers a first and industry-leading 10 year warranty and the lowest total cost of ownership in the electrical energy conservation market.

Historically, energy conservation products offered quick return on investment (ROI) with little focus on the products’ long term operational and maintenance costs. Legend Power’s voltage optimization solutions have combined excellent ROI with the lowest ongoing maintenance costs for 10 years and are backed by the best warranty in the industry.

These technical and value proposition improvements have been achieved through the incorporation of cutting-edge engineering practices, strategic sourcing, improved design and standardization of components.

To learn how Legend Power’s solutions can reduce your site’s electrical energy costs today, please call Erik Wolfe at 778-945-1505 or visit www.legendpower.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 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 increases the life of electrical equipment, while contributing to a reduction in green house gas emissions.

For further information, please contact:

Randy Buchamer, President and COO
Legend Power Systems Inc.
+ 1 778 945 1501

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws.  Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond Legend Power’s control.  Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Accordingly, readers should not place undue reliance on forward-looking statements. Legend Power undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

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.

Burnaby, British Columbia – February 11, 2011 – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power”) announces that it has granted incentive stock options (the “Stock Options”) to certain directors, officers and employees of the Company to purchase up to 2,200,000 common shares in the capital of Legend Power pursuant to Legend Power’s stock option plan (the “Plan”).  The Stock Options are subject to certain vesting provisions and, in particular, 1,000,000 Stock Options vest in a year’s time and 1,200,000 Stock Options vest over a three-year period commencing the first anniversary.  Subject to the vesting provisions and the terms of the Plan, the Stock Options are exercisable on or before February 10, 2014 at an exercise price of $0.21 per share.

About Legend Power Systems Inc.

Legend Power Systems Inc. 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 eliminates inefficiencies by delivering the optimal level of voltage a user needs.  Most customers receive higher voltage levels than required at certain points of the grid from electrical utilities delivering higher levels to compensate for line loss across the feeder length.  Higher than nominal voltage can affect the lifespan of electrical equipment and result in high monthly utility bills.  By delivering the optimal voltage to the user, Legend Power’s Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs and greenhouse gas emissions while increasing the life of electrical equipment.  The technology also decreases capital and operating costs for electrical utilities.

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.

BURNABY, BC, Nov. 5 /CNW/ – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power”) is pleased to announce that it has completed the brokered private placement (the “Offering”) previously announced in its news release of September 20, 2010. The agent for the Offering was Ionic Securities Ltd. (the “Agent”). The Agent exercised its option to increase the number of Units sold under the Offering up to 23,000,000 units (“Units”) for gross proceeds of up to $3,450,000.

The closing consisted of 22,350,332 Units at a price of $0.15 per Unit for gross proceeds of approximately $3,352,550. 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 at a price of $0.25 per Share for a period of 24 months following the closing of the Offering. Legend Power is entitled to accelerate the expiry date of the Warrants to the date that is 30 days following the date Legend Power gives written notice to the Warrant holders that the trading price of the Shares on the TSX Venture Exchange (the “Exchange”) has been greater than $0.45 for any 20 consecutive trading days.

The Agent received a cash commission equal to approximately 8% of the gross proceeds raised and nontransferable broker warrants (the “Broker Warrants”) equal to approximately 8% of the Units sold under the Offering. Each Broker Warrant is exercisable at $0.15 per Share for a period of 24 months following the closing of 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, and any Shares issuable on the exercise of the Warrants or Broker Warrants, are subject to a statutory hold period expiring on March 5, 2011. Final acceptance of the Offering is subject to filing of final documentation with the Exchange.

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

In addition, pursuant to the agency agreement between Legend Power and Ionic, Bruce Sampson, Michael Costello and William Dunford have resigned from the board of directors of Legend Power (the “Board”), and Gerry Gill has resigned as President of Legend Power (to stay on as Chairman, Chief Executive Officer and a director). Legend Power thanks each of the resigning directors for their past support and dedication. Legend Power has, subject to Exchange approval, appointed Michael Atkinson and Randy Buchamer to the Board and Randy Buchamer has been appointed as President and Chief Operating Officer of Legend Power.

Mr. Buchamer has an extensive background in business administration, finance and company growth strategies. He has been actively involved in the Canadian and US business markets as a venture capitalist, director, senior officer and corporate advisor. Mr. Buchamer has held several senior roles with startups to large organizations like The Jim Pattison Group and Mohawk Oil Company. Mr. Buchamer’s background includes formal education in business administration and finance at Simon Fraser University as well as significant experience in SEC, the Exchange, and Sarbanes-Oxley compliance matters.

Mr. Atkinson brings over eighteen years of expertise in the investment and venture capital industry to Legend Power. Currently Mr. Atkinson is President & CEO of two junior oil and gas companies, Canadian Phoenix Resources Corp., and Petra Petroleum Inc. He is also President of Maverick Projects Inc., a private consulting company focused on providing structured finance products and advice relating to strategies involving financing, mergers and acquisitions within the junior resource sector.

Previously Mr. Atkinson was Vice President of Quest Capital Corp. (TSX:QC), a company he helped start, where he was responsible for corporate communication and bridge lending activities. Within a five year period at Quest he was instrumental in expanding Quest’s market cap from $30 million to over $450 million. As a member of the Credit Committee at Quest, the committee funded over $1 billion in loans during his tenure. Mr. Atkinson’s understanding of the structuring of investments and project financing is a key asset in investment and mergers and acquisition efforts.

In conjunction with their appointments to the Board, Legend Power announces that it has granted incentive share options (the “Options”) to purchase up to 350,000 Shares to Mr. Buchamer and Mr. Atkinson. The Options vest over a five-year period. Subject to vesting provisions, the Options are exercisable at an exercise price of $0.21 per Share on or before November 4, 2015.

Legend Power also takes this opportunity to announce that David Orton has resigned as Vice President, Sales and Marketing.

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. View “Legend Power Corporate Video” on YouTube at http://wwwyoutubecom/watch?v=EcBIFsXZTIA

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.