MetaPower International, Inc. Converts 1.6 Billion Common Shares From Shareholders...

MetaPower International, Inc. Converts 1.6 Billion Common Shares From
Shareholders and Directors in Preferred Exchange

LAS VEGAS, July 31, 2008 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink
Sheets:MTPW) is pleased to announce the results of its Preferred Stock Exchange
program, which was extended to June 13, 2008. As a result of the program,
MetaPower's shareholders, including MetaPower's Board of Directors, who all took
part in the Company's preferred share exchange, have submitted 1,605,097,000
common shares, representing 23.5% of the Company's total outstanding shares, for
conversion into MetaPower's Series A Preferred Stock.

Due to the reduction in the number of outstanding shares of common stock, the
Company is trading with a current EPS of .0001 per share. Under the terms of the
Preferred Stock Exchange, MetaPower offered to exchange shares of common stock
for convertible preferred stock to be valued at $1.00 a share. That meant for
every 100 shares of common stock offered back to the Company, shareholders would
receive one share of convertible preferred stock valued at $1.00 for future
conversion purposes.

"We received an overwhelming response to the preferred share program and
consider it a resounding success. The Company looks forward to a very strong
second half of the year as we are on track with our financial forecast, and set
to market our Safety Management Product to the Hazardous Process Industry,"
stated Ken Allen, CEO of MetaPower International, Inc.

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 involve 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.

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CONTACT: MetaPower International, Inc.
www.MetaPower.com

Big Apple Consulting USA
Investor Relations
Dale Scott
1-866-THE-APPL(E)