TBZ Tonbridge Power

Tonbridge Power Inc. (TSX VENTURE:TBZ) ("the Company"), today announced
financial results for the first quarter ended March 31, 2010. The net loss for
the three months ended March 31, 2010 was $(373,000) or ($0.01) per share. 


"Permitting is completed and physical construction is expected to be started
imminently. The Company has actively begun development work on its second
project, the Green Line Project, and is carefully evaluating a narrow cross
section of other transmission line development opportunities." said Johan van 't
Hof, President and CEO. 


Significant Quarterly Highlights

MATL Project Construction in Progress

Phase 1 of the construction of the Montana Alberta Tie Ltd. transmission line
project ("MATL Project") (including the detailed design, pole placement
determination, surveying, land work and all other construction elements) is
essentially completed. Phase 2 (including actual pole insertion and substation
work) is scheduled to commence imminently upon arrival of materials.
Construction is currently scheduled to be completed in the second quarter of
2011.


Green Line Project

In November 2009, the Company entered into a Cooperation agreement with
Gaelectric North America Inc. ("Gaelectric") to begin an assessment of the
potential for constructing a new power transmission line (the "Green Line").
This line would connect the MATL Project with the 500 kV Colstrip transmission
line at or west of Townsend, Montana. On March 29, 2010, the Company entered
into a similar agreement with Invenergy Wind Development LLC ("Invenergy"). 


As the results of the assessment work have been favourable, it is expected that
the Company, Gaelectric and Invenergy will enter into definitive development
agreements. Under such agreements, Gaelectric, Invenergy and the Company will
co-fund the development. The Company will retain ownership of any project
developed and development contributions are contemplated to be returned as
transmission credits over a set period of time against eventual transmission
service contractual obligations.


Tonbridge Power Inc. is a Toronto-based developer of electrical transmission
assets, whose principal asset is a 100% interest in Montana Alberta Tie Ltd.
Shares of the Company are traded on the TSX Venture Exchange under the symbol
"TBZ". The Company's financial statements and other filings can be found on
SEDAR. 


Should you wish to receive news via email, please email info@tonbridgepower.com
and specify "company news".


Cautionary Note Regarding Forward-Looking Statements 

This news release contains "forward-looking statements", within the meaning of
applicable Canadian securities legislation, concerning the business, operations
and financial performance and condition of the Company. Forward-looking
statements include, but are not limited to, statements with respect to future
revenues. Generally, these forward-looking statements can be identified by the
use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "should", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking statements, including
but not limited to: the conditionality of the revenue contracts, risks related
to the financing or construction of the transmission line; risks related to the
performance of parties contracting for transmission capacity; delays in
obtaining governmental approvals, permits or project financing or in the
completion of development or construction activities, requirements for
additional capital, government regulation, environmental risks as well as those
factors discussed in the section entitled "Risk Factors" in the Company's Annual
Information Form for the year ended December 31, 2005, available on
www.sedar.com. Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements. The
Company does not undertake to update any forward-looking statements that are
incorporated by reference herein, except in accordance with applicable
securities laws.

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