Capital Ideas Research Has Published an Initiation Report on Legend Power Systems Inc. (TSX VENTURE:LPS)(FSE:XLE)

TORONTO, ONTARIO, May 18, 2010 (Marketwire) — Legend Power Systems Inc. manufactures and markets a smart grid technology, the Electrical Harmonizer-AVR which addresses inefficiencies in the electrical grid system by optimizing voltage. The product enables commercial, institutional, and light industrial customers to save money by significantly reducing their electricity consumption, and wear and tear on equipment, while reducing green house gas emissions. Legend Power’s Electrical Harmonizer-AVR provides a three year or better payback. Legend Power has recently announced sales to a major software developer with 19 facilities worldwide, and home renovation chain.

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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.

For further information, please contact:

Gerry Gill, Chairman & CEO

Legend Power Systems Inc.

+ 1 604 420 1500

ggill@legendpower.com

LEGEND POWER SYSTEMS INC.

8618 Commerce Court

Burnaby, BC V5A 4N6

+1 604 420 1500

www.legendpower.com

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