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Aecon Group Acquires 4 "PicBucket" Units From PowerTech
Carol Murray, President and Chief Executive Officer of Power Tech Corporation Inc. is pleased to announce that the Aecon Group, one of the largest construction companies in Canada, has just placed a firm order to purchase four "PicBucket" units from the Company's 2000 Series. "We are very proud and honored that a company of Aecon's size and reputation, a leader in Canada's construction industry, has chosen to buy our products. We are even happier that before purchasing our "PicBucket" units, Aecon had the opportunity to try out our technology for several weeks as part of our V.I.PIC program. This testing period allowed Aecon to verify and validate for itself the significant benefits of our innovative technology," said Mr. Murray. In recent weeks, Aecon used a "PicBucket" at various construction sites in the Toronto region. "We are very satisfied with the results we have realized while using the 'PicBucket' and its accessories. It has helped us perform our contracts more efficiently and effectively by allowing us to complete several functions and tasks without changing equipment. We look forward to working with PowerTech in the future and enjoying a competitive advantage thanks to the benefits of the PicBucket", said Paul Pastirik, Aecon Vice-President of Corporate Development. "This firm order from a major player is strong recognition of the value of PowerTech's technology. This marks an important milestone for our Company. In addition, this agreement with Aecon demonstrates the success of the V.I.PIC program. In the coming weeks, we intend to carry out the next steps of our business development strategy. These include, notably, the closing of a distribution agreement with a major industry player," stated Richard Hélie, PowerTech's Vice-President of Sales and Marketing. "This program is a mutually advantageous partnership proposal between PowerTech and select players in the construction industry. Through this initiative, PowerTech allows participating entrepreneurs to use the 'PicBucket' at a reduced fee for a set period. If they are satisfied, they can then purchase it at a preferential price. In addition, 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 PowerTech's marketing efforts. Several other entrepreneurs are currently participating in the V.I.PIC program. We are confident that this dynamic marketing program will soon generate other sales for PowerTech," added Mr. Hélie. The "PicBucket", developed by PowerTech using patented technology, is a flexible, multifunctional percussion bucket that combines the power of a hydraulic hammer with the stripping strength and maneuverability of a conventional bucket.
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