PowerComm Inc. announces acquisition of Nextron Corporation

    EDMONTON and CALGARY, Oct. 22 /CNW/ - PowerComm Inc. (PCG:TSX) is pleased
to announce that approximately 92.71% of the issued and outstanding common
shares ("Nextron Shares") of Nextron Corporation ("Nextron") have been
tendered to PowerComm's previously announced offer to acquire all of the
Nextron Shares (the "Offer"). The Offer expired at 5:00 p.m. (Calgary time) on
October 22, 2007 and PowerComm has given instructions to the depositary under
the Offer to take up all of the Nextron Shares deposited to the Offer, with
payment anticipated to be made on October 24, 2007 on the basis of $0.05 in
cash and one (1) common share in the capital of PowerComm ("PowerComm Share")
for every fifteen (15) Nextron Shares. PowerComm also intends to acquire all
remaining Nextron Shares pursuant to the compulsory acquisition provisions of
the Business Corporations Act (Alberta).

    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 R. Rutherford, President and Chief
Executive Officer, at (780) 465-7038, or at info@powercomm.ab.ca

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