Universal Power Corp. announced that High Resolution Technology & Petroleum of Brazil has commenced work on the first phase of the previously announced agreement dated July 7, 2009. Pursuant to the Agreement, initial sampling and evaluation of seismic data has begun for Blocks 2713A and 2815, with HRT staff conducting the necessary collection of data and samples. Dr. Nilo Chagas de Azambuja Filho, PhD, Vice President, HRT and Dr. Antonio Catto, Head of HRT geophysical group have just returned from Windhoek Namibia where they compiled the information necessary to provide comprehensive 3-D petroleum system evaluation and exploration risk assessment utilizing proprietary models and leading petroleum science techniques. Block 2713A is owned by Universal's 90% controlled subsidiary Kunene Energy (Pty) Ltd. and Universal is in the final stage of increasing to 90% interest in Block 2815 through Cumoxi Investments (Pty) Ltd., a 100% owned subsidiary. The Company has a 3% carried interest in the 1711 well through Kunene.

Universal Power Corp. said that the company will look for potential partners. The company said, “Universal will review its strategic options to develop leads generated in the independent report and under the Agreement, HRT will also undertake to source potential partners.”

Universal Power Corp., Annual General Meeting, Oct 20, 2009, at 10:00 US Pacific Time. Location: The offices of Clark Wilson LLP, 800-885 West Georgia Street, Vancouver, British Columbia,Canada. Agenda: To set the number of directors of the company for the ensuing year at six persons; to elect directors of the company to serve until the next annual general meeting of the company's shareholders; to appoint Morgan & Company, chartered accountants, as auditor of the company for the ensuing year and to authorize the directors of the company to fix the remuneration to be paid to the auditor for the ensuing year; to consider, and if thought fit, to pass an ordinary resolution to re-approve the company's incentive stock option plan, as described in the information circular accompanying this notice of meeting; to receive the audited financial statements of the company for the year ended December 31, 2008, and accompanying report of the auditor; and to transact such further or other business as may properly come before the meeting and any adjournment or postponement thereof .