MetaPower International, Inc. Reduces Outstanding Float

Jan 09, 2013, 08:31 ET from MetaPower International, Inc.

LAS VEGAS, Jan. 9, 2013 /PRNewswire/ -- MetaPower International, Inc. (OTCPK: MTPR) (the "Company") is pleased to announce that, as a result of several actions taken by the Company, the Company has successfully cancelled and retired over 70 million shares of its outstanding unrestricted common stock, and without significant cost to the Company.  These actions reduce the Company's outstanding float down to 90,002,839 shares of common stock. 

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.

Steve Ivy

SOURCE MetaPower International, Inc.