MATRRIX Energy Technologies Inc. - At the request of IIROC: Not Aware of Any Material Undisclosed Development

CALGARY, Feb. 28, 2012 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSXV: MXX) announces that the Corporation is not aware of any material undisclosed development at this time that would account for the recent increase in the Corporation's share trading price.

ABOUT MATRRIX

MATRRIX is engaged in the acquisition and supply of horizontal and directional drilling, and performance drilling technologies and services for the oil and gas industry in North America.

Neither the 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.