NEWSCENTER

PRESS RELEASE:

POWER TECH CORPORATION INC.
PRESS RELEASE

POWERTECH LAUNCHES PARTNERSHIP PROGRAM "V.I.PIC"
TO SUPPORT MARKETING EFFORTS

This new initiative targets entrepreneurs, as well as distributors and dealers of construction equipment and machinery

Blainville (Quebec), Wednesday, June 1, 2005 – Mr. Carol Murray, President and Chief Executive Officer of PowerTech Inc. Corporation "PowerTech" (TSX-V: PWB), is pleased to announce the launch of a new marketing initiative, the "V.I.PIC" partnership program aimed at entrepreneurs, as well as distributors and dealers of construction equipment and machinery.

"This program is a mutually advantageous partnership proposal between PowerTech and select players in the construction industry. Through this initiative, we allow participating entrepreneurs to use our "PicBucket" at a minimal cost for a set period. If they are satisfied, they can then purchase it at an attractive price. What's more, they can benefit from an excellent guarantee and financing conditions. In return, participants would accept that the results of their experience using the "PicBucket" and their name be used in our marketing efforts. Because we have full confidence in our product's performance and its many advantages, we have no doubt that this new program will enable us to quickly win credible new allies in the commercialization of our technology," said Mr. Murray.

To assist distributors and dealers, PowerTech will participate in the development of logistics and services related to the "PicBucket". Furthermore, PowerTech will provide initial training to entrepreneurs, in addition to the sales and service personnel of distributors and dealers involved in the "V.I.PIC program”.

New strategic leverage

The V.I.PIC program is a new strategic initiative in our marketing plan and we expect it to spearhead our first sales. We are convinced that this approach will put in place favourable new conditions enabling our technology to have a quick breakthrough into our target markets by clearly demonstrating the major productivity gains and significant cost reductions associated with the use of the "PicBucket" in excavation work," underlined Mr. Richard Hélie, Vice President, Sales and Marketing at PowerTech.

The “PicBucket”, developed by PowerTech from a patented technology, is a multi-purpose bucket 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.

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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