News Article

As of February 1 2012, Premier Integrated Technologies has amalgamated with our partners at IPS in the United States. PIT was a Division of IPS Canada up to this point and had been a division of IPS Canada since 2005. PIT has formed the new union with the US Optimization group in an effort to service our customer’s needs on a larger scale by combing our efforts on a North American wide level. PIT will continue to provide the highest quality optimization products and services to the producer and will maintain all of our previous commitments to our customers. This move will allow us to expand our utilization across borders and work with the US IPS Optimization group to formulate the very best ideas and equipment lines possible for the ever changing Oil and Gas markets by having the flexibility to offer our customers several different lines of products and services as well as share in the experiences learned here and in the US. We are very excited about this opportunity and have begun to transition into this exciting new endeavor. This transition is expected to take from now until May 1st 2012 to complete.

PIT’s main office has and will continue to be located in Red Deer however we will be moving to a new facility and branching away from our traditional Canadian partners at IPS. IPS in Canada has been sold to an independent investment firm and will also be starting on some very exciting new ventures in 2012. We will continue to hold a strong and professional relationship with the Canadian group going forward and we will continue to liaise with the group as a representative of each other going forward. However we feel the, need is there to focus on our individual businesses and branch apart at this time.

Some of PIT’s internal structure will of course change and with that one of the most significant changes has been the retirement of our General Manager Mr. Tom Code. I Andrew Alcock will be moving from Operations Manager and continuing on for Tom in this role as General Manager. Another significant change will be the change in direction for some of our traditional sales staff. Terry Koch, Lee Gross, Devin Swanson, and Wayne Labrie will be our sales team carrying forward as your representatives for Sales. All Field staff and Area managers with PIT will remain as they have been historically. For a listing of contacts and areas please call or refer to our website: www.premiertech.ca .

We hope that you will enjoy our new changes and opportunities for the advancement of PIT and we look forward to sharing these opportunities for optimization success in the future. As always PIT will continue to focus on safe, efficient, and ethical operations. Should you have any questions or concerns please feel free to contact myself directly or any of our staff!

Sincerely,