Company: MicroPlanet Technology Corp.
    Stock Listing: MP:TSXV
    Stock Listing (US): MCTYF: OTC
    Web Site: www.microplanet.com

SEATTLE, WA, July 16 /PRNewswire-FirstCall/ - MicroPlanet, (MP:TSXV MCTYF:OTC) a smart grid, energy conservation company, announced today the deployment of MicroPlanet's smart grid technology on commercial buildings for Castle Cooke Resorts, LLC on the Island of Lanai in Hawaii.

After concluding a pilot program over six months to test the effectiveness of MicroPlanet products on commercial and residential properties on Lanai, the Island of Hawaii and Oahu, Castle Cooke Resorts has placed an order to install MicroPlanet voltage management systems to improve power quality, lower electric bills and reduce greenhouse gases. Delivery of MicroPlanet systems to Castle Cooke Resorts will begin in the third quarter on Lanai.

Castle Cooke Resorts, LLC is the resort community development division of Castle Cooke Inc. Castle Cooke, Inc. was founded in 1851 and is one of the nation's oldest and most respected developers. The Company owns approximately 98 percent of the Island of Lana'i and has developed luxury hotels, such as the Four Seasons Resort Lanai, The Lodge at Koele and the Four Seasons Resort Lanai at Manele Bay, as well as championship golf courses and is currently developing luxury residential communities. In addition to their activity in Hawaii, the Company's has residential real estate operations located in California, Arizona and Florida. Castle Cooke is also developing commercial properties in California, North Carolina, Georgia, Arizona, Florida and Hawaii.

Bruce Lisanti, President and CEO of MicroPlanet said, 'Castle Cooke's commitment to energy conservation and sustainability practices on Lanai represents a large scale commercial opportunity for MicroPlanet's Smart Grid technology. We look forward to working with them on these sites and on many other buildings over the next few years to help them meet their conservation objectives.'

'MicroPlanet 3-Phase voltage management system is an important part of the new Smart Grid.