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Sieco-Tech Canada Inc. and Triacta Power Technologies Inc. Settle and Discontinue Patent, Copyright and Trademark Infringement Proceedings

LONDON, ONTARIO — (Marketwire) — 10/15/12 — Triacta Power Technologies Inc. and Sieco-Tech Canada Inc. have been involved in patent, copyright and trade-mark infringement proceedings in Federal Court of Canada Court File No. T-1991-10 relating to, among other things, Triacta–s Canadian Patent No. 2,450,984 and Sieco-Tech–s PowerStar smart metering devices. On September 14th, 2012, the parties settled these proceedings and the claims and counterclaim were subsequently Discontinued.

About Sieco-Tech Canada Inc.

Sieco-Tech Canada Inc. is a manufacturer and distributor of multiple-customer metering systems for multi-unit residential and commercial buildings, as well as a developer of meter data management solutions. Although relatively new to the market, Sieco-Tech–s management team is fraught with experience in the smart sub-metering market and has developed strategic alliances with large sub-metering/billing companies and electrical equipment manufacturers. Strengths include dedication to strict accuracy and quality assurance, development flexibility to meet client/market needs, OEM manufacturing and very competitive pricing. Sieco-Tech–s PowerStar meters have cUL and Measurement Canada approvals required for installation and use in the North American sub-metering market and meet 0.5% accuracy standards, in addition to meeting strict ISO9001 manufacturing quality standards.

Contacts:
Sieco-Tech Canada Inc.
240 Wharncliffe Road North, Suite 301
London, Ontario, Canada, N6H 4P2
226-777-1386
705-707-1708 (FAX)

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