Legend Power Systems Selected as Feature Presenter for New York State Energy Authority Gathering - Seite 2

The Company also announces that it has renewed its agreement with Sophic Capital Inc. (“Sophic”) to act as its Investor Relations firm.  Sophic will be paid $7,000 per month for a term of 12 months and has been granted options to purchase up to 250,000 common shares in the capital of the Company (each a “Common Share”) at a price of $0.38 per Common Share. The options will vest quarterly, in four tranches of 62,500 each and shall be exercisable up until 5:00 PM (ET) on the earlier of (i) 90 days after termination of the agreement or (ii) July 20, 2023, being the date that is three years from the date the agreement was signed by the Company. The options are governed by the provisions of the Company’s stock option plan and the policies of the TSX Venture Exchange. Sophic currently holds 587,500 Common Shares and 375,000 options in the capital of the Company.

About Legend Power Systems Inc.

Legend Power Systems Inc. (www.legendpower.com) provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment.

For further information, please contact:

Steve Vanry, CFO
+ 1 604 671 9522
[e-mail]

Sean Peasgood, Investor Relations
+ 1 647 503 1054
[e-mail]

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements 
This Press Release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results to not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.