LAS VEGAS, April 22, 2008 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that its 75% owned subsidiary MetaPower Canada, Ltd. has received a $4,000,000 purchase order from a major Canadian Energy Company doing business in the Oil Sands region of Northern Alberta, Canada.
MetaPower Canada has been engaged with this client in improving their plant performance through enhanced maintenance reliability programs. This change management engagement has been yielding outstanding results as indicated by the award of this PO. The substantial increase in the amount of the purchase order represents a strong vote of confidence by the Client in MetaPower Canada's performance. MetaPower Canada provides planning and scheduling services, maintenance training, procedure development and change management consulting as part of this engagement.
"We are very pleased with this purchase order, which represents an extension of our prior work and a substantial increase over the prior purchase order. It shows the client values our services and the quality of the staff we provide. The revenues authorized by this purchase order alone makes up 40% of our forecasted revenues for the year and keeps us on track with our business plan for this year," stated Ken Allen, President of MetaPower Canada.
MetaPower International, Inc. and MetaPower Canada, Ltd. are actively engaged in marketing these services to other companies involved in the hazardous process industry.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.