Universal Announces Grant of Stock Options

Universal Power Corp. (the “Company”) (TSX VENTURE: UNX) announced today that it has granted incentive stock options to directors, officers, employees and consultants for the purchase of a total of 1,000,000 common shares of the Company at a price of $0.42 each until February 18, 2013. The options are being granted pursuant to the terms of the Company’s stock option plan.

By agreement with certain optionees and the Company, 1,100,000 stock options previously granted were cancelled effective February 15, 2008.

About Universal

Universal Power Corp. is a Canadian based uranium and energy exploration company listed on the TSX Venture Exchange. The Company’s target for growth is to acquire strategic properties globally that have highly prospective geology and to advance them through managed exploration programs.

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Swanson, Director and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility of the adequacy or accuracy of this news release.

 Contacts: Universal Power Corp. Barry Swanson Director and CEO (778) 997-4925 (604) 844-7572 (FAX) Email: barry@universalpowercorp.ca

SOURCE: Universal Power Corp.