SOURCE: MetaPower International, Inc

June 09, 2010 09:30 ET

MetaPower International, Inc. Receives Purchase Orders Totaling $365K for Management Services With a Major Oil Sands Energy Company

LAS VEGAS, NV--(Marketwire - June 9, 2010) -  MetaPower International, Inc. (PINKSHEETS: MTPR) is pleased to announce that the Company's subsidiary, MetaPower Canada, Ltd has received additional purchase orders totaling $365,746 CD from a Canadian Energy Company's facility in the Oil Sands Region of Northern Alberta, Canada. One order is for the development, calculation and reporting of key performance indicators for one year. The second order is for the development of an emergency preparedness plan and associated procedures for the client's in-situ extraction facility in the same region. 

"These Purchase Orders are to extend our Management Services for this client. We have been providing key performance indicator services for a little over a year and this purchase order is to extend those services for an additional year. The emergency preparedness services are for a different facility than the one we have been working with. While the in-situ facility is not nearly as large, we are cautiously optimistic that this will lead to more services for that facility. These orders keep MetaPower on track to meet our performance objectives for this year," stated Ken Allen, President of MetaPower International, Inc.

About MetaPower International, Inc.:

MetaPower International, Inc. is a technology and services firm originally founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to manage the changes necessary to successfully compete in the current environment. In today's world, business operations must be streamlined to meet the challenges of these turbulent economic times.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.

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