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PRESS RELEASE:

POWER TECH CORPORATION INC.

POWERTECH, INC. ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS AND SENIOR MANAGEMENT

Terrebonne (Quebec), June 19, 2008 – PowerTech Corporation Inc. “PowerTech” (TSX-V: PWB) announced today that its Board of Directors accepted the resignation as Board member of Mr. Pierre Gagnon, whom, going forward will concentrate on his role of Vice-President responsible for PowerTech’s technology and associated research and development.

Mr. Gagnon will be replaced by Mr. Tony Plescia, currently serving as Vice-President Services Worldwide for Mechtronix Systems Inc. Mechtronix Systems is the fastest growing designer and manufacturer of flight simulators, with a global market presence in the Americas, Europe and Asia. Mr. Plescia holds a bachelor’s degree in electrical engineering in addition to an MBA designation from McGill University with an international business specialization from the University of Bocconi (Milan, Italy).

Prior to joining Mechtronix Systems, Mr. Plescia held senior management responsibilities at United Rentals (largest equipment Rental Company in the world) and Wajax Industries (Canadian heavy equipment distributor). “I wish to thank Pierre for his contribution and welcome Mr. Plescia, whose experience and vision will be a valuable asset for PowerTech..” stated Carol Murray, Chairman of PowerTech.

These changes coincide with the departure of Mr. Matthew Blackmore as Chief Financial Officer to pursue other interests. Matthew will be replaced by Mr. Nick Cristiano. Mr. Cristiano is a chartered accountant with over 15 years of experience in financial reporting, operations and mergers and acquisitions. In recent years, he has held the position of Chief Financial Officer and secretary-treasurer for two Canadian publicly listed companies; Steeplejack industrial group (SID-TSX) and Speedware Corporation (SPW-TSX).

Carol Murray, added, “I wish to thank Matthew on behalf of the PowerTech team and wish him all the best on his new project, and would like to welcome Nick to the PowerTech family”

Grant of options

Following these changes, the board of directors issued, pursuant to the terms and conditions of the company’s Stock Option Plan, 300,000 stock options to Mr. Nick Cristiano and 100,000 stock options to Mr. Tony Plescia.. The options will be exercisable over a five year period at $0.45 per share. The 100,000 options issued to Mr. Plescia vest immediately. As for the 300,000 options issued to Mr. Cristiano, they are issued as per the following vesting schedule: 20% after the first year, and 10% per quarter for the 8 quarters that follow.

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 and military industries.

PowerTech's percussion technology is a technological breakthrough that combines the power of a hydraulic hammer with the stripping force and manoeuvrability of a conventional bucket. Powertech’s products are marketed under the PicBucket® and PicHammer® names as well as under world renowned private label brands thru OEM agreements with large manufacturers.

The trademarks PicBucket®, PicHammer® and the Powertech logo are registered trademarks of Powertech Canada Inc.

* 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 ext. 101
Fax: (450) 963-4411
E-mail: carol.murray@powertechci.com

Investor relations:
Mr. Marc Jasmin CMA
President
Jasmin Financial Communications Inc.
Phone: (450) 963-6400 ext: 202
Cell: (514) 231-2360
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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