MicroPlanet Technology Corp. ("MicroPlanet" or the "Corporation") (TSX
VENTURE:MP)(PINKSHEETS:MCTYF), a provider of smart grid and power quality
technology and products that significantly increase efficiency, quality and
conservation of electricity and enables the integration of up to 95%+
penetration of alternative energy into electrical grids' low voltage networks
today reports consolidated financial results for the year ended December 31,
2013. All dollar figures are reported in U.S. currency, unless otherwise stated.


The Company's milestones for the year include:



--  Manufactured and shipped products totaling $380,245 in net sales for the
    Year, mostly to utilities in Australia in response to purchase orders,
    an increase of $302,283 as compared to 2012. 
--  Validated a new design, and commenced marketing activities for a
    regulating transformer, to be built, sold and serviced in conjunction
    with Tyree Industries in Australia. 
--  Initiated the seeding of significant multiple growth opportunities. 
--  Shipped twelve regulators to a utility in Australia for a test that
    could result in an initiative to utilize MicroPlanet regulators as part
    of the permanent grid design. 
--  Recruitment of a new Chief Executive Officer and Chief Financial
    Officer. 
--  Entered into an agreement with a former executive in a large utility in
    Australia. He will oversee all aspects of the
    Company's business in Australia, focusing especially on sales efforts
    into utilities. 
--  Added a very experienced and successful technology businessman and
    Fortune 500 board member to the
    Company's board of directors. 
--  Initiated concerted efforts to establish strategic relationships to both
    provide additional capital and to synergistically accelerate the
    deployment of MicroPlanet products. 
--  Provided voltage regulation equipment and services to the successful
    Solar Decathlon 2013, held in Irvine California by the National
    Renewable Energy Lab of the U.S. Department of Energy. 
--  Completed three equity and one convertible debt private offerings in
    year, with gross proceeds totaling $1,575,017 and $374,000,
    respectively. 
--  Completed an equity private offering in 2014 with gross proceeds of
    $913,828 (CDN$1,007,966). 



2013 Financial Highlights 



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                                                    Year ended December 31, 
                                            --------------------------------
                                            --------------------------------
                                                       2013            2012 
                                            --------------------------------
Sales                                         $     380,245   $      77,962 
Gross margin                                  $     175,227   $      29,450 
Gross margin percentage                                  46%             38%
Operating loss                                $  (2,032,166)  $  (2,189,474)
Comprehensive loss                            $    (937,443)  $  (2,478,951)
Basic loss per share                          $      (0.007)  $      (0.023)
Weighted average shares outstanding             141,085,240     109,991,441 
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Outlook - The Company plans to focus maximum resources to achieve success with
Australian utilities, providing the groundwork for success in many countries
with similar needs and power characteristics. The significant penetration of
photovoltaic and other distributed electric generation sources in many countries
throughout the world are expected to have the effect of accelerating the
Company's penetration into other geographical regions and market segments, such
as commercial establishments. This market-by-market approach, whereby the
Company collects key performance data and gains enthusiastic and prominent
customers, is expected to expand the Company's sales in the years ahead. The
Company has historically maintained a firm discipline of limiting its
expenditures to only those that contribute to generating new sales orders,
including developing new and refining existing products, and it anticipates to
substantially continue to do so during 2014. In order to do so, the Company will
need to raise additional capital to fund operations through 2014 and 2015 in
order to achieve positive operating cash. In the past, the Company has primarily
raised its operating capital through debt or equity private placements. The
Company intends to devote resources to expanding its discussions with potential
strategic partners that also provide additional working capital to the Company.


Forward-Looking Information

This discussion includes various forward-looking statements regarding the
Company and its future activities and financial results. These statements are
based on certain assumptions that are considered reasonable by management.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve a number of risks and
uncertainties and actual results could differ materially from those indicated by
such forward-looking statements. Forward-looking information in this document is
identified by words such as "anticipate", "believe", "focus", "intend",
"expect", "plan", "forecast", "target", "projected", "could", "may", "will",
"develop" or similar expressions and includes suggestions of future outcomes
including statements of the Company's growth strategy and related schedules,
planned capital expenditures, expected future sales, timelines for future
regulatory, partner or internal approvals and access to capital.


The factors or assumptions on which the forward-looking information is based
include: projected capital investment, the ability of the Company to obtain
necessary regulatory and partner approvals and the ability to access capital
through future equity, debt offerings or otherwise.


About MicroPlanet Technology Corp.

MicroPlanet Technology Corp. is a smart grid, energy conservation company, whose
technology dynamically and steplessly regulates voltage with unrivaled speed and
accuracy using its patented and advanced power electronics. MicroPlanet's
technology solutions have been deployed in seven countries by more than 20
utilities, the U.S military and multiple commercial customers to manage voltage
on networks, save energy, improve power quality and grid efficiency and to
facilitate the integration of renewable energy sources, including solar and
wind. MicroPlanet is based in Seattle, WA and is listed on the TSXV and trades
on the OTC under the stock symbol: MP and MCTYF, respectively.
www.microplanet.com


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THE TERM
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MicroPlanet Technology Corp.
Joe Tanner
President & Chief Executive Officer
360-910-1600
206-625-0999 (FAX)
jtanner@MicroPlanet.com


MicroPlanet Technology Corp.
Edward Garth
Chief Financial Officer
206-790-7790
206-625-0999 (FAX)
egarth@microplanet.com
www.microplanet.com