Powrtec International Crp (POWT)

POWRtec International Corp incorporated on April 19, 2006 in the State of Delaware. The Company, develops, produces and sells intelligent metering systems for use by utility companies, governments and to a lesser extent businesses. An intelligent meter is advanced electricity meter that has a number of additional possibilities other than just measuring the electrical throughput at a given time or the total consumption over time. Utility companies can monitor actual consumption at individual premises and as necessary, remotely adjust delivery to balance supply and demand by using the Company's networked intelligent metering solutions. The Company's meters are equipped with GSM and GPRS as well as infrared, Ethernet, or ZigBee and as markets develop the Company intends to consider other communications protocols as well. The Company's competitors are ABB, Echelon, Landis+Gyr, Larsen & Tourbo and others. The Company's competitors are very large organizations with significant overhead expenses. The Company's are subject to health and safety laws and regulations imposed by the governments controlling the jurisdictions in which it operate and by its clients and project financiers.