Magenn Power Inc.

Magenn Power Inc.

January 10, 2006 10:20 ET

Magenn Power Announces First Distributor of its 'Floating Wind Generators'

OTTAWA, ONTARIO--(CCNMatthews - Jan. 10, 2006) - Magenn Power Inc. today announced a distribution agreement with Krystal Planet Corporation to market the Magenn Air Rotor System (MARS), an airborne tethered wind generator. This innovative new product will deliver up to 4 kW (kilowatts) of power at a cost per kWh (kilowatt-hour) potentially much lower than conventional wind turbines mounted on towers. See:

"We are thrilled that Krystal Planet, a leader in the emerging clean power revolution, has agreed to sell our MARS wind generator," says Mac Brown, CEO of Magenn Power Inc. "This system can be disruptive to the electric utility industry, in that it produces energy at up to 50 percent efficiency at a cost potentially much lower than that of existing wind turbines. Krystal Planet's large dealer base and international reach should allow us to rapidly launch hundreds of MARS units in late 2006."

Benefits of the MARS over conventional wind turbines include: produce low cost electricity ( less than10 cents per kWh); bird and bat friendly; low noise; operates over a wide range of wind speeds (2 to 28 meters/second); high altitudes from 400 to 1,000 feet above ground are possible without expensive towers or cranes; the MARS is mobile (useful if the owner plans to move to a new home or business location, good for emergency deployment and disaster relief).

"We are eager to begin deploying the MARS unit throughout our dealer base, as this appears to be the first airborne wind generator product to become commercially viable. The concept has always made a lot of sense for many applications, and now we have the privilege of playing a major role in the deployment of the first 200 MARS units," says Troy Helming, founder & CEO of Krystal Planet. "We look forward to working with Magenn to expand the clean power revolution at an ever-increasing pace with cost-effective wind, solar, hydrogen, and energy efficiency products."

About Krystal Planet

Krystal Planet Corporation headquartered in Kansas City area is a leading marketer of clean power products. Krystal Planet has 1600 resellers in 50 states and 12 countries around the world. Contact: Troy Helming at 913-312-8872

About Magenn Power

Magenn Power is an Ottawa Canada based company focused on delivering next generation wind turbines.

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