Business
MicroPlanet Reports 2010 Results
Mar. 25, 2011 (Canada NewsWire Group) -- Stock Listing: MP:TSXV Stock Listing (US): MCTYF...
About this update from Medicure Inc.
[{"type":"text","content":"\n\n\n Mar. 25, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nStock Listing: MP:TSXV\nStock Listing (US): MCTYF: OTC \nWeb Site: www.microplanet.com\n\n\nSEATTLE, WA, March 25 /CNW/ - MicroPlanet Technology Corp.\n ("MicroPlanet" or the "Company") (TSXV: MP) (OTC: MCTYF) an energy\n conservation smart grid company today reports consolidated financial\n results for the three months and year ended December 31, 2010. All\n dollar figures are reported in U.S. currency, unless otherwise stated.\n\n\n2010 Operational Highlights: \n\n\n\nGenerated revenues of $2.0 million comprised of sales of energy\n management products to utilities, US Department of Defense, and\n commercial enterprises\n\n\nAchieved gross margins of $640,349 or 31%\n\n\nDelivered Second Generation Low Voltage Regulators to utility customers\n in Australia, Ireland, and New Zealand\n\n\nTransitioned to a new distributed contract manufacturer model to lower\n costs, speed delivery, and protect IP\n\n\nExpanded sales efforts with the US Department of Defense\n\n\nAchieved placement on United States Government General Services\n Administration price schedule for commercial products\n\n\nReceived patent protection for its products from European Union nations\n\n\nTransitioned Mr. Brett Ironside into role as President and Chief\n Executive Officer\n\n\nRaised $2.2 million in equity financing through two private placements\n\n\nAdded new distribution partners in the United States\n\n\nSubsequent to ...