Empower Technologiesâ„¢ Announces Closing of Brokered $1.5 Million Private Placement

Deal Amount:
$1Million

Richmond, British Columbia – February 22 , 2007 - Empower Technologies Corporation (“Empower” or “the Company”) (TSX.V: EPT) is pleased to announce its successful conclusion of a fully subscribed brokered private placement of units (the “Units”) with Union Securities Ltd in Toronto (“the Agent”) originally announced on January 29, 2007.

The private placement was for 1,700,000 Units (the “Offering”) at a price of $0.90 per Unit for a total of $1,530,000. Each Unit consists of one common share and one-half a common share purchase warrant. Each whole warrant has an exercise price of $1.25 with an expiry date of February 20, 2008. The Company granted the Agent an over-allotment option (“Over-Allotment Option”), exercisable to February 27, 2007 to purchase an additional 170,000 Units on the same terms as the Units. The Agent's compensation includes a commission of 8% of the gross subscription amount and the Over-Allotment Option. In addition, the Agent is to receive compensation options (the “Agent's Compensation Options”) equal to 10% of all Units sold pursuant to the Offering and the Over-Allotment Option. Each Agent's Compensation Option entitles the Agent to purchase one Unit of the Company at $0.90 per Unit at any time prior to February 20, 2008.

About Empower Technologiesâ„¢

Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (LinuxDA™ Embedded Operating System) to the dynamic Consumer Electronics Industry and the emerging Intelligent Appliance Market, through their development of Linux-based operating software, embedded system technologies and solutions.

The products and services that form the base of its business activities include an embedded system development platform for LEOs®, based on Texas Instruments™ embedded CPU platform, that fulfill the needs, demands of developers and the Consumer Electronics Industry. Empower is continuing to develop LEOs® and newer versions of embedded CPUs in line with Texas Instruments™.

By uniting top professionals from within the computer industry and developing quality partnerships and strategic alliances, Empower is committed to being the leading developer of Linux-based operating software and embedded system technologies and solutions for consumer electronics manufacturers and developers.

Empower's brands are “LEOs®”, “LinuxDA™”, Linux-based embedded operating systems and “PowerPlay™”, smart consumer electronics.

Contact Information:

Media Enquiries:
Paul Leung – Chairman, President and CEO: pcleung@empowertechnologies.com or via Tel @ (604) 278-3100
Investor Relations: investorline@empowertechnologies.com
More Information on Empower Technologies: www.empowertechnologies.com
Sales Enquiries: sales@empowertechnologies.com or via Tel @ (604) 278-3100

Paul Leung
Chairman, President and CEO

Empower Technologies Corporation
# 405-5600 Parkwood Way
Crestwood Commerce Centre
Richmond , BC , Canada V6V 2M2

The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management's estimates, assumptions and projections using available information. The company cautions that actual financial results could differ materially from the current expectations due to a number of factors.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.

LEOs , PowerPlay and LinuxDA are the trademarks of Empower Technologies, Inc. All other brands are trademarks of their respective owners.