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  Arrow 3 Media Release 28 October 2002

ESTec announces appointment of new director

Pending Exchange approval, ESTec Systems Corp. (CDNX: ESE, today announced the appointment of David E. Wright to its Board of Directors. Mr. Wright is an Edmontonian and holds bachelors degrees in Commerce and Engineering from the University of Alberta. He has also studied management at Columbia University in New York City.

Mr. Wright served as Manager of pipeline operations at AEC Pipelines Ltd. of Edmonton, as well as Planning and Business Manager there. He is also president of Dewright Holdings Ltd. and is a principal in "The Osbourne Group". Recently, Mr. Wright served as president of The Petroleum Club in Edmonton. He brings wide experience in planning and management to ESTec Systems, as well as an intimate knowledge of the engineering side of the Oil Patch in Canada.

It is our pleasure to welcome David to the Board. We look forward to new successes with his assistance.

On behalf of the Company,

Anthony B. Nelson

About ESTec Systems Corp.
ESTec Systems Corp. is an Edmonton-based public company with two operating subsidiaries: Allan R. Nelson Engineering (1997) Inc., which delivers mechanical and forensic engineering services, and ESTec Oilfield Inc., which designs and manufactures innovative oilfield equipment. ESTec Oilfield has successfully developed and launched the smallest Top Drive system in the world, specifically designed for double or extended single rigs. ESTec Systems trades on the TSX Venture Exchange, under the symbol ESE.

©2007 ESTec Systems Corporation. All rights reserved.
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