Company History

1981 to 1994: The Beginnings of ESTec

ESTec was formed in 1981 as a software-development company. In 1987 the software development company went public on the Vancouver Stock Exchange through a reverse take-over of Shogun Resources, formerly Gordon Resources.

ESTec established itself in the information security market in 1994 when several contracts to provide security-consulting services to US-based organizations were signed.

Since then ESTec Security has generated revenues through consulting projects with utilities and financial industries, and through the development and delivery of security training courses for government and industry in Canada and the U.S..

1997 to 2003: Acquiring Allan R. Nelson Engineering and Creating ESTec Oilfield

In 1997, ESTec Systems expanded by acquiring the internationally known forensic and mechanical engineering firm, Allan R. Nelson Engineering of Edmonton, Canada.

Allan R. Nelson Engineering’s cash flow has helped to finance ESTec's research and development in security software, and to continue the research and development within Allan R. Nelson Engineering.

In 2000 a new subsidiary, ESTec’s third, was formed. ESTec Oilfield was created in order to manufacture an innovative Top Drive, designed by ESTec System's engineering and forensics unit, Allan R. Nelson Engineering (1997) Inc., for use in the oil and gas drilling industry.

2004 to 2006 Demise of ESTec Oilfield

In June 2004 the ESTec Oilfield subsidiary was shut down having lost a critical contract putting the company into financial difficulty. There followed a period of retrenchment where the company cleared up debt and restructured itself to prepare for the next round of growth.

2007 and Beyond: The Future for ESTec and Its Subsidiaries

The Allan R. Nelson Engineering (1997) Inc subsidiary continues their service role.

In ESTec Systems, the pursuit of new products and its sales, marketing, and development continues. As business warrants and opportunities arise, additional new companies will be created or existing ones acquired in order to maximize sales and profit for the existing, revised, and new product lines arising from our subsidiaries’ research and development.