Altek Power Corporation
TSX VENTURE : APK
FRANKFURT : RXB

Altek Power Corporation

April 16, 2008 15:45 ET

Altek Power Corporation: Board Appointment

KELOWNA, BRITISH COLUMBIA--(Marketwire - April 16, 2008) - Altek Power Corporation (TSX VENTURE:APK)(FRANKFURT:RXB)(WKN# 934830) is pleased to announce the appointment of Eric Schneider to its Board of Directors. Mr. Schneider holds a law degree from the University of Toronto and an honours physics degree from the University of Waterloo. Mr. Schneider practices law with Miller Thomson LLP in Waterloo, Ontario. He is the Chairman of SQI Diagnostics Inc., a medical diagnostics company trading on the TSXV, and President of GSS Research Corporation, a private company engaged in fuel efficiency research, development and commercialization. In the past, Mr. Schneider served on the boards of two TSX companies - Schneider Corporation and 20/20 Financial Group. He was also Vice President, Secretary and General Counsel of J.M. Schneider, a food processor based in Kitchener; Vice President and Director of Business of Gotaverken Energy Systems, a supplier of steam generating and processing equipment to the pulp & paper and agricultural sectors; and a partner at Borden & Elliot (now Borden Ladner Gervais LLP).

Altek's flagship product, the AT1200 Electrical/Thermal Generating System, provides a cost effective and reliable solution to a vast array of energy requirements world-wide. The resultant market is growing at a tremendous rate as countries require an ever increasing amount of energy. In order to assure maximum value to the shareholders, the Board of Directors has decided to expand its membership to accommodate the challenges of a rapidly growing company. Mr. Schneider brings a wealth of experience in the governance of large organizations to this position.

The Board of Directors is comprised of five directors. Their profiles are available on the company's website www.altekpower.com.

OUR MISSION

To develop timely, profitable and environmentally responsible energy solutions that increase shareholder value.

On Behalf of the Board of Directors of Altek Power Corporation

Rod W. Reum, President

12g3-(b) #82-3219

The TSX Venture Exchange (TSX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Altek Power Corporation
    Rod W. Reum
    President
    (250) 717-3707
    (250) 717-3708 (FAX)
    Website: www.altekpower.com