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PRESS RELEASE:

POWER TECH CORPORATION INC.
PRESS RELEASE

POWERTECH LAUNCHES A MAJOR NEW PHASE OF ITS MARKETING PROGRAM

The Company’s technology soon to be used in various construction sites in Quebec

Blainville, Quebec, Tuesday, May, 17, 2005 – Carol Murray, President and Chief Executive Officer of Corporation PowerTech Inc. “PowerTech” (TSX-V: PWB), announced today that the Company has launched a key phase of its marketing plan. Within just a few weeks, PowerTech technology will be used in various construction sites within Quebec.

“We are confident that these construction sites will benefit greatly from the significant productivity advantages offered by our technology,” states Mr. Murray. “The power and versatility of our bucket can often cut excavation time in half. This performance translates into economic and social returns through reduced construction costs and a shorter period of inconvenience for communities where the work is being carried out, particularly with respect to traffic congestion. Moreover, during a demonstration we conducted on May 6 in Trois-Rivières for members of the Association professionnelle de l’outillage des municipalités du Québec, we were pleased and proud to see to what extent our technology made an impression. And it was that much more satisfying because those on hand were experts in the field.”

Patented technology that substantially enhances performance standards

Using patented technology, PowerTech has developed a multi-purpose bucket – the “PicBucket,” which conducts much more efficient excavation, demolition, backfilling and compacting than traditional equipment. The buckets are shovels on the end of the mechanical arm of backhoes, excavators, and mini-excavators. Unlike conventional buckets, the PicBucket is equipped with a powerful percussion system and can be fitted with interchangeable tools, including a three pin demolition set (the “PicPins”), a blade (the “PicBlade”), a flat blade (the “PicGrate”) and a compaction plate (the “PicPlate”). PowerTech’s first available product, the Series 2000, is designed for backhoes and small excavators.

“We offer an efficient, robust and high-quality product,” continues Mr. Murray. “We believe that our technology will trigger a revolution in the construction sector by generating major productivity gains in excavation work.”

Marketing plan

Begun last year, PowerTech’s marketing plan targets heavy equipment distributors, construction companies and public works managers. PowerTech is also canvassing a number of large original equipment manufacturers. “There’s no question that concluding commercial and partnership agreements with major industry players is one of the key objectives of our marketing program,” adds Mr. Murray. “Our association with various construction sites in Quebec will contribute to the success of our marketing efforts by increasing awareness of and clearly demonstrating the efficiency and benefits that our technology offers the construction industry.”

PowerTech expects to initially develop the Quebec and Canadian markets. “While we are focusing on the Canadian market over the short term, we are monitoring business opportunities elsewhere in the world, most notably in the United States and Europe,” concludes Mr. Murray. “We also plan to ensure that PowerTech receives wide visibility at industry trade fairs and conventions. In fact, on June 4, we will participate in the Heavy Construction Show in Abbotsford, British Columbia. This event brings together original equipment manufacturers from the Western Canadian construction sector. We have reason to believe that our technology will be of great interest to the show’s participants.” Just weeks ago, PowerTech participated in the CONEXPO-CON/AGG 2005 trade show in Las Vegas, attended by close to 125, 000 construction industry professionals from around the world. The Company also recently participated in the National Heavy Equipment Show in Toronto.

In a few weeks, PowerTech will host the official presentation of its first product, the Series 2000 PicBucket.

About PowerTech (www.powertechci.com)

PowerTech specializes in developing, integrating and commercializing leading edge technologies allowing substantial performance, productivity and functionality improvements in excavation equipment and systems for the general construction industry and several other applications in the aluminum, mining, tunnel digging, forestry, archeology and military sectors.

* The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuray of this press release.

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Source:

Power Tech Corporation Inc.
www.powertechci.com

 

For further information:

Mr. Carol Murray
President and Chief Executive Officer
Power Tech Corporation Inc.
Tel.: (450) 419-5400
Fax: (450) 419-5411
carol.murray@powertechci.com

Frédéric Tremblay
HKDP
Tel.: (514) 395-0375, ext. 234
ftremblay@hkdp.qc.ca

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