May 14, 2010 (Canada NewsWire Group) — Legend Power Systems Inc. (the “Company”) is pleased to announce that it has granted incentive share options (the “Options”) to purchase up to 9,200 common shares in the capital of the Company (“Shares”) to a director. The Options vest over a five-year period and, subject to the vesting provisions and the terms of the Company’s stock option plan, the Options are exercisable at an exercise price of $0.49 per Share on or before May 13, 2016.
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
|LEGEND POWER SYSTEMS INC.
8618 Commerce Court
Burnaby, BC V5A 4N6
+1 604 420 1500