Burnaby, British Columbia August 20, 2012 – Legend Power Systems Inc. (TSX.V:LPS) is pleased to announce that Mr. Michael Thomson, President of Independent Capital Partners Inc, is joining its Board as an independent director.
Legend continues to successfully secure sales commitments and build brand awareness amongst leading firms in the retail, property management and light industrial sectors. All recent installations have consistently exceeded customers’ expectations and Legend is focused on leveraging this momentum and accomplishing our sales targets.
The Legend Board of Directors and Management Team are delighted to welcome Mr. Thomson and his financial expertise and market experience. We look forward to his input to help Legend continue to grow its sales in Ontario and expand throughout the Eastern USA.
About Michael Thomson
Michael G. Thomson has over 29 years of working experience as a lawyer, securities regulator, investment banker and entrepreneur. Michael is also President and Chief Executive officer of Richmond Row Capital Corp., a Capital Pool Company listed for trading on the TSX Venture Exchange and also the Founder, past President and a current Director of Metropolitan Energy Inc., a company listed on the TSX.V. Mr. Thomson is also on the advisory board of Smart Ventures Inc., a venture capital fund that focuses on investing in early stage technology companies. Michael Thomson is a graduate of the University of Ottawa, School of Law (1983). Mr. Thomson was called to the bar of British Columbia in 1984 and was a member of the B.C. Bar until 2011. His preferred areas of practice were corporate and securities law. Michael is a former legal counsel, Corporate Finance & Listings, for the Vancouver Stock Exchange (predecessor to the TSX.V).
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a patent-protected voltage optimization solution to help commercial and industrial customers 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: LEGEND POWER SYSTEMS INC.
Randy Buchamer, President 8561 Commerce Court
Legend Power Systems Inc. Burnaby, BC V5A 4N5