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Provo Power Company (PPC) Ltd Announces New Hires

Provo Power Company (PPC) Ltd Announces New Hires 12Feb 2008

Providenciales, Turks & Caicos Islands, February 12, 2008 - Provo Power Company (PPC) Ltd announces the hiring of new employees, Aisha Gardiner, Kevin Smith, and Michael Polonio, in three important areas within the company. These new hires are in keeping with the company's goal to strengthen the organization and improve its internal processes and Customer Service.
Aisha Gardiner, who joined the PPC Team as the Supervisor of Financial Accounting & Reporting, grew up in Grand Turk and brings to the company a wealth of knowledge and experience. She is a graduate of the University of Florida and in 2003 became the 7th local Certified Public Accountant (CPA). Aisha's experience includes working with the Turks & Caicos Audit Office in Grand Turk as the Principal Auditor for three years and two years as an auditor with the Big Four accounting firm, KPMG.  
Kevin Smith is the new Information Technology (IT) Manager. Kevin, son of Stanley and Miriam Smith (deceased) of Salt Cay & Middle Caicos is the first to hold this newly created position at PPC. Kevin has vast experience and training in the field, having worked as the former Manager of Technical Service Specialist, and Systems Administrator for the School of Technology at Texas Southern University, and as an IT Specialist with A.J. Le's a German based company. Kevin is a graduate of Texas Southern University with a Bachelor of Science Degree in Electronics Engineering Technology and Minor in Computer Science. Mr. Smith will be influential in launching the company's Internet Service for customers.
Michael Polonio, the new Plant Operations Manager has been working in the power industry for almost twenty years. A national of Belize, Michael rose through the ranks at Belize Electricity Ltd where he held several managerial positions before joining PPC this month. Michael holds a Bachelor of Science Degree in Mechanical Engineering and an MBA from Texas Christian University.
President & CEO, Eddinton Powell welcomed the new employees and states "The skills and experience which Aisha, Kevin and Michael bring combined with that of the existing team will strengthen the organization to manage the expansion and improvement plans which the company has outlined for the next few years."
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P.P. C. Limited (PPC) and Atlantic Equipment & Power Limited (Atlantic) became a wholly owned subsidiary of Fortis Inc located in Newfoundland Canada in August 2006. PPC and Atlantic serve approximately 8,500 customers or 80% of electricity customers in the Turks & Caicos Islands. PPC is the sole provider of electricity in Providenciales, North Caicos and Middle Caicos. Atlantic is the sole provider of electricity in South Caicos. The utilities have a combined diesel-fired generating capacity of approximately 78.8 megawatts (MW).
Fortis Inc., the largest investor-owned distribution utility in Canada, serves almost two million gas and electric customers and has approximately $10 billion of assets. Its regulated holdings include a natural gas utility and electric utilities in five Canadian provinces and three Caribbean countries. Fortis Inc. owns non-regulated hydroelectric generation assets across Canada and in Belize and upper New York State. It also owns hotels and commercial real estate in Canada. Fortis Inc. shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com or www.sedar.com

CONTACT:
Allan Robinson
VP, Customer & Corporate Service
P.P.C Limited (PPC)
Tel: 649-946-4313
Email: arobinson@ppcltd.tc