NEWSCENTER
PRESS RELEASE:
POWER TECH CORPORATION
INC.
POWERTECH CORPORATION INC. INC. RETAINS THE INVESTOR RELATIONS SERVICES OF JASMIN FINANCIAL COMMUNICATIONS INC.
Terrebonne (Quebec), April 3, 2008 – PowerTech Corporation Inc. "PowerTech"
(TSX-V : PWB) is pleased to announce that it has retained the services of Jasmin Financial Communications Inc. to conceive, implement and monitor a financial communications strategy adapted to its specific needs.
Jasmin Financial Communications Inc. is a specialised investor relations service provider which differs thru a personalised and customised approach specifically fit to the needs and profiles of its customers. The company is managed by Mr. Marc Jasmin, CMA, whom until recently, and for the last six years, acted as director of investor relations of Cascades Inc. (TSX-CAS). This practical experience of investor relations complements Mr Jasmin’s accounting designation as well as his past experiences as institutional, retail broker and financial journalist.
Commenting this announcement, Mr. Carol Murray, President and Chief Executive Officer of PowerTech stated: "We are very pleased to retain the services of Jasmin Financial Communications Inc., which will allow us to benefit from their personalised approach. We are convinced that this agreement will work out being quite beneficial for the company as well as for its shareholders."
In exchange for its professional services, PowerTech will pay a monthly retainer fee of four thousand five hundred dollars ($4 500). The length of the initial contract is twelve (12) months.
About PowerTech (www.powertechci.com)
PowerTech is the only company in the world that manufactures and commercializes percussion technology with interchangeable tools and accessories for the construction, demolition, aluminum, mining, tunnelling, forestry and military industries. PowerTech's percussion technology, marketed under the PicBucket and PicHammer names, is a technological breakthrough that combines the power of a hydraulic hammer with the stripping force and manoeuvrability of a conventional bucket.
PowerTech is positioning itself as a leader in the development, integration and commercialization of leading edge technologies that allow for substantial improvements in excavation and demolition equipment performance, productivity and functionality.
* The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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Source:
Power Tech Corporation Inc.
www.powertechci.com
For further information:
Carol Murray
President and Chief Executive Officer
Corporation Power Tech Inc.
Tel.: (450) 963-6400
Fax: (450) 963-4411
E-mail: carol.murray@powertechci.com
Investor relations:
Mr. Marc Jasmin CMA
President
Jasmin Financial Communications Inc.
Tel.: (514)231 2360
Fax: (514) 221-3762
E-mail: marc@comfinjasmin.com
Media Relations:
Frédéric Tremblay
HKDP Communications and public affairs
Tel.: (514) 395-0375, ext. 234
E-mail:
ftremblay@hkdp.qc.ca
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