Mr. John O'Bireck of Sparta Capital reports

SPARTA ALIGNS WITH LEGEND POWER(R) SYSTEM'S SMARTGATE(TM) TO BRING COMMERCIAL PROPERTY CUSTOMERS A ROBUST INTELLIGENT PLATFORM TO REDUCE ENERGY WASTE, SAVE MONEY, AND REDUCE CARBON FOOTPRINT

Sparta Capital Ltd. has inked a deal with Legend Power Systems Inc. that will give Sparta the ability to add SmartGate, a sophisticated active power management system, to its suite of power-quality optimization technologies.

Sparta's energy division has been largely focused on helping industrial clients reduce energy waste, and now this agreement with Legend Power means Sparta can expand its energy optimization efforts to a wider market of commercial clients.

SmartGate uses a patented power regulation technology that extracts a percentage of electrical load, converts and analyzes it, rebuilds the electrical waveform, and then injects it back into a building's power system; thus, providing voltage regulation. This addresses core power attributes to optimize efficiency and reliability and reduce greenhouse gas emissions (GHG). Researchers at Massachusetts Institute of Technology (MIT) estimate that on average, 30 per cent of the energy used in commercial buildings is wasted. This creates a big opportunity for building managers to reduce operating costs and GHG.

"SmartGate is ideal for our commercial customers because it can quickly and effectively identify, as well as fix underperformance in the electrical system. As with our industrial clients, Legend Power will be able to utilize the data gathered from our IoT-based multipoint power-quality sensor system, then present it in Legend Power's standardized Power Impact Assessment report. This provides the customer with actionable hard data. We're fortunate to have access to Legend's Power Impact protocol and their SmartGate platform to bring commercial building owners and operators the benefits of this powerful Canadian technology," said Dan Slade, director of Sparta's energy division.

Canada alone has close to 500,000 commercial buildings, creating a large market for energy optimization tools like SmartGate.

"Sparta already understands the huge difference energy optimization can make in terms of efficiency and savings in industrial buildings, so we are excited to be working with them to help even more commercial real estate clients reduce electrical bills, reduce maintenance costs and greenhouse gas emissions," stated Mike Cioce, vice-president of sales and marketing for Legend Power Systems.

As a result of the UN Climate Change Conference in Glasgow (COP26), businesses, including commercial enterprises, are feeling increased pressure to reduce carbon emissions. A significant part of this involves decreasing energy waste.

About Legend Power Systems Inc.

Legend Power Systems 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 pro-active executive decision-making in a complex and volatile business and energy environment.

Legend Power Systems is a publicly traded company on the TSX Venture Exchange under the ticker symbol LPS and on the OTCQB Venture Market under the ticker symbol LPSIF.

About Sparta Capital Ltd.

Sparta is leading a green revolution in the business world with advanced technologies that reduce carbon footprint, save money and enhance public image. Its products solve problems by leveraging Web 3 technologies such as artificial intelligence, blockchain and machine learning to fast-track the transition toward a sustainable future.

With Sparta, businesses can optimize their energy usage, upcycle electronic waste and accelerate health technologies, such as autonomous medicine. Sparta operates with three divisions -- environment, innovation and energy. These divisions deliver customized solutions to fit each client's needs.

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