SOURCE: POWRtec International Corp.

POWRtec International Corp.

February 14, 2011 08:45 ET

POWRtec International Corp. Announces Nordic Advisory Board

CAMPBELL, CA--(Marketwire - February 14, 2011) - POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce the formation of a Nordic Advisory Board.

The purpose of the board will be to guide the Company in further exploiting the smart grid market in the Nordic countries. The first members are Anders Sagadin of Sweden and Anders Rudlang of Norway. Both are principals in The Management, a business consulting firm, www.themanagement.com, and both have extensive experience in the energy business in northern Europe.

An avant garde in the distribution of smart metering systems, the Nordic region demands particular attention. In Finland, Sweden, Norway and Denmark, a major roll-out of smart meters is expected by 2014.

POWRtec is already well represented in the region through its agreement with the major Danish utility company DONG Energy to deliver 206,000 smart meters. With the formation of the Nordic Advisory Board, POWRtec further strengthens its position in a key market.

In the words of Grant Jasmin, CEO of POWRtec: "We are very pleased with the formation of our Nordic Advisory Board, which will be of great benefit in a central market." He adds, "With Anders Sagadin and Anders Rudlang the Board gets a flying start. They contribute intimate knowledge of the energy business and have proven track records of spotting excellent opportunities."

Anders Sagadin of the new Board comments: "In POWRtec we immediately saw a company with great prospects. We are excited to be part of the company's work towards a cleaner world."

About POWRtec
POWRtec is a dynamic and unique energy monitoring company with the potential to dominate the smart meter industry with its innovative intelligent smart meters. POWRtec's meters are network-enabled and can be built to utilize virtually any communications protocol. This empowers the intelligent smart meters to directly control network enabled, power-draining devices by switching them on and off in accordance with the desired energy output, resulting in more efficient use of resources, smaller energy bills and enormous benefits to the environment. POWRtec's products can directly reduce the amount of energy waste and make a meaningful difference to the environment.

Disclaimer - Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company.

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