PowerComm Inc. completes Wild Card acquisition



    CALGARY, April 4 /CNW/ - Wayne R. Rutherford, President and CEO of
PowerComm Inc. (the "Corporation") announced today that the Corporation has
completed the acquisition of all of the outstanding shares of Wild Card
Enterprises Ltd. ("Wild Card") of Drayton Valley. Wild Card has a staff of
over 30 and provides instrumentation and meter proving services from its
Drayton Valley location.
    "We are extremely pleased to have been able to bring this company into
the PowerComm family" Mr. Rutherford said, "Bruce Clemmer has built a solid
business and an excellent client base over the thirty years he has owned Wild
Card," he continued.

    PowerComm Inc. provides a broad based suite of solutions in the
electrical, instrumentation, and valve service businesses as well as
electrical manufacturing of medium voltage switch gear. It is the intention of
the Corporation to add electrical and valve services to the services offered
through the Drayton Valley location.
    PowerComm Inc. began operations in 1995 in Lloydminster, Alberta,
PowerComm Inc. is now headquartered in Edmonton and has thirteen offices
throughout Alberta. It employs over 400 people in its
electrical/instrumentation maintenance, electrical/instrumentation
construction, valve servicing, and electrical equipment manufacturing
divisions.

    Reader Advisory

    The news release contains certain forward-looking statements, including
management's assessment of future plans and operations and capital
expenditures and the timing thereof, that involve substantial known and
unknown risks and uncertainties, certain of which are beyond PowerComm Inc.'s
control. Such risks and uncertainties include, without limitation, risks
associated with the Corporation's ability to market successfully to current
and new customers; supply and demand for PowerComm Inc.'s services and
products and industry activity levels; capital expenditure programs;
projections of commodity prices and costs; the Corporation's ability to obtain
material and equipment from suppliers; operating risk liability; expansion of
services and products by internal growth or acquisition; the Corporation's
ability to obtain additional financing on satisfactory terms; the impact of
general economic and industry conditions; changes in laws and regulations
(including the adoption of new environmental laws and regulations) and changes
in how they are interpreted and enforced; competitive conditions; the lack of
availability of qualified personnel or management; fluctuations in foreign
exchange or interest rates, stock market volatility; and obtaining required
approvals of regulatory authorities. PowerComm Inc.'s actual results,
performance or achievements could differ materially from those expressed in,
or implied by, these forward-looking statements and, accordingly, no
assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits, including the amount of proceeds, that PowerComm Inc. will
derive therefrom. Readers are cautioned that the foregoing list of factors is
not exhaustive. All subsequent forward-looking statements, whether written or
oral, attributable to PowerComm Inc. or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
Furthermore, the forward-looking statements contained in this news release are
made as of the date of this news release and PowerComm Inc. does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.




For further information:

For further information: Wayne Rutherford, President and Chief Executive
Officer or J.D. Snowdon, Executive Vice President Corporate Services at (780)
465-7038 or at info@powercomm.ab.ca

Organization Profile

POWERCOMM INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890