NEWSCENTER

PRESS RELEASE:

POWER TECH CORPORATION INC.

YVES SICOTTE APPOINTED VICE PRESIDENT, SALES AND MARKETING OF POWERTECH

Blainville (Quebec), February 2, 2006 – Mr. Carol Murray, President and Chief Executive Officer of Power Tech Corporation Inc., "PowerTech" (TSX-V: PWB), is pleased to announce the appointment of Mr. Yves Sicotte to the position of Vice President, Sales and Marketing of the Company. This appointment is effective immediately. In this role, Mr. Sicotte succeeds Mr. Richard Hélie, who, as a sales and marketing consultant, held this position over the last 15 months.

Mr. Hélie has completed his mandate aimed at developing and setting up an overall marketing strategy, as well as a commercialization program for the Company's various markets. Mr. Sicotte, who can count on Mr. Hélie's support on a transitional basis, will oversee the implementation of the commercialization plan going forward.

"I would like to thank Richard for his work that will be highly valuable to us into the future. I am also pleased to welcome Yves Sicotte to our team. Yves has the strong expertise necessary to take on this challenge and ensure the success of our marketing strategy and commercialization plan," said Mr. Murray.

Mr. Sicotte has more than 20 years experience in the business world with industrial and heavy machinery companies involved in construction, mining, forestry and public utilities North America-wide. "During his career, Yves acquired a thorough knowledge of issues related to building distribution networks, developing sales and marketing strategies and overseeing new product development. This experience has enabled him to hone a strategic, analytical approach centred on value creation for shareholders, partners and employees," added Mr. Murray.

Before joining PowerTech, Mr. Sicotte was a private sales and marketing consultant for several large manufacturing companies. He also worked as Business Development Manager for Bombardier Recreational Products' ATV division. In addition, Mr. Sicotte has worked with a large forestry equipment manufacturer as Corporate Marketing Manager for the North American market.

"The technology developed by Powertech provides undeniable advantages to entrepreneurs in terms of productivity and versatility. The success achieved up until this point allows us to roll out our marketing efforts to the whole North American market through the power of a distribution network adapted to our products. I am very pleased to join such a dynamic company that offers excellent growth potential," said Mr. Sicotte.

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 aluminium, mining, tunnel digging, forestry, archaeology and military sectors.

Forward-looking statements

This document may contain forward-looking statements reflecting the management’s expectations with respect to future events. Such forward-looking statements are dependent upon a certain number of factors and are subject to risks and uncertainties. Actual results may differ from those expected. The company's management does not assume any obligation to update or revise these forward-looking statements as a result of new information or future events.

* 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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