Plutonic Power Corporation

Plutonic Power Corporation

July 11, 2007 10:00 ET

Plutonic Adds Power to Its Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2007) - Donald McInnes, President of Plutonic Power Corp. (TSX:PCC), is pleased to announce the following senior management appointments which significantly enhance the company's capabilities in land resource management, communications, community relations and regulatory affairs.

Bill Irwin has been appointed as Director of Lands Resource Management responsible for securing land tenures and permitting of proposed hydro projects in British Columbia. Mr. Irwin has more than 30 years of experience in crown land and resource management. He has held various senior land resource management positions including Regional Director, BC Ministry of Crown Lands, Executive Regional Director, Land and Water BC, Executive Director, Provincial All Seasons Resorts Program, BC Ministry of Tourism, Sport and Art and Acting Assistant Deputy Minister, Tourism and Resort Development, Ministry of Tourism, Sport and Art. Key responsibilities have included review and approval of major project developments on provincial crown land and administration of a portfolio in excess of 30,000 land tenures in BC. Mr. Irwin holds a bachelors degree in Public Administration from the University of Victoria.

Elisha Moreno has joined Plutonic Power as Director of Corporate Communications. Ms. Moreno was formerly Media Relations Manager at BC Hydro, one of Canada's largest utility companies. In her new position, Ms. Moreno will be responsible for managing Plutonic's communications and community relations initiatives as the company builds its portfolio of run-of-river hydroelectric projects in BC. Ms. Moreno has more than eight years of senior corporate communications experience. Prior to joining BC Hydro, she served as Public Relations Manager at the Vancouver Aquarium and also worked as a reporter for both CBC TV and Vancouver Television. Ms. Moreno has a strong track record of community involvement, regularly volunteering with the YWCA, Junior Achievement of BC and serves as a board member of the Pacific Assistance Dogs Society of BC and is on the Provincial Property Assessment Review Panel.

Tom Syer has been appointed Plutonic Power's Director of Policy and Regulatory Affairs. Mr. Syer brings more than ten years of political experience to the company. Since 2001, he has held a variety of senior positions in the BC government including Ministerial Assistant to the Minister of Sustainable Resource Management as well as Premier Campbell's Deputy Chief of Staff for policy co-ordination and issues management. Most recently, he worked as Director of Corporate Affairs, Western Canada, for Labatt Breweries of Canada. Mr. Syer holds Bachelor of Business Administration and Master of Arts degrees from Simon Fraser University.

"These senior executives bring a tremendous wealth of experience to Plutonic Power," said Donald McInnes. "As Plutonic continues to develop its portfolio of run-of-river hydro projects, these individuals will play a pivotal role in helping the company solidify a leadership role in renewable energy generation that will decrease BC's reliance on non-renewable imports from outside of the province's borders."

Plutonic Power is an emerging renewable energy producer in British Columbia. Its proposed 31 development projects have a design capacity of up to 1600 MW with the potential to generate approximately 5,000 GWh per annum of green energy - enough energy to meet the annual energy needs of over 500,000 homes. These development projects represent the largest inventory of undeveloped green energy projects in British Columbia. Included in the 31 projects is the creation of the Green Power Corridor, a series of non-storage hydroelectric projects in southwestern BC, which hold the potential to catapult British Columbia to the forefront of green energy generation in North America. The completion of the Green Power Corridor would create approximately 4000 person years of employment.

Plutonic is committed to working with First Nations, stakeholder groups and local communities in the development of all its run-of-river projects.

On behalf of the Board of Directors


Donald McInnes, President

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.

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