SOURCE: Conectisys Corp.

October 02, 2007 08:00 ET

ConectiSys Announces Technology Enhancements and New Product Development

VALENCIA, CA--(Marketwire - October 2, 2007) - ConectiSys Corporation (OTCBB: CNES), a developer of automatic meter reading technologies, announced today the completion of a significant renovation and update of both its H-Net™ hardware and software technologies. These milestones have been reached as a result of a collaboration that began in April of this year with a well-known wireless technology developer who has a long history of successful product deployments in the retail and U.S. Government markets.

As a result of this strategic alliance, the Company has enhanced its core product and now has access to an array of advanced wireless technologies for immediate H-Net™ systems integration. Specifically, this relationship has enabled the Company to launch the low-cost development of a Local Area Network (LAN) for both the residential and commercial environments. This LAN will communicate with the ConectiSys existing Wide Area Network (WAN). The LAN will allow the customer to view energy usage on a digital display mounted conveniently within a home or business. The emphasis will be individual appliances such as air conditioners and refrigerators in the home and high electric energy usage equipment in the commercial workplace. All data displays will be in real time.

In addition, the H-Net™ bi-directional Networks will enable utility remote load shedding at peak consumption periods, resulting in greater distribution efficiency, energy conservation and consumer awareness.

Rod Lighthipe, ConectiSys Director of Business Development, commented that, "This combination of the Local and Wide Area Networks together with the existing H-Net™ technology will provide the Company with a unique product in the AMR marketplace." Mr. Lighthipe further stated, "The Company's updated H-Net™ hardware and software is ready for immediate deployment. The development of the Local Area Network should be completed and fully integrated by early 2008."

Robert Spigno, the Company's President and CEO, remarked that, "The Company's plug-and-play low-cost deployment strategy will pay large dividends in the future and our wireless products will be known as among the most competitive in the industry." CEO Spigno went on to say, "We will be implementing our full marketing strategy now and continue through the next several years. Our 2008 marketing budget will significantly exceed our development budget for the first time in the Company's history. We will seek high level exposure opportunities with utility industry leaders, attend numerous trade shows and demonstrate our products for sales across the country. As the AMR market continues to mature vertically I anticipate that CNES will reflect a similar growth."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein and in the Monthly Report that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to: the level of cost-effectiveness and efficiency of the Company's H-Net™ automatic meter reading products or technologies; changes in the Company's policies regarding communications with shareholders and the general public; the success or failure of the Company's marketing efforts and the particular efforts to be employed; the Company's ability or inability to commercialize, sell, license or further develop its H-Net™ automatic meter reading products or technologies; and other risks detailed from time to time in the Company's periodic reports and other filings with the Securities and Exchange Commission.

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