TORONTO, Ontario September 15, 2006 – David Harris, President and CEO of Kinectrics Inc. today announced that the company has now been fully acquired by Vision Capital Limited of London, England from AEA Technology plc.  

“This is a very exciting opportunity for Kinectrics, and one that will allow us to build on our current success,” said Harris. “The new commitment by Vision Capital enables Kinectrics to move forward aggressively, and in view of recent Ontario government announcements on expansion plans for power generation throughout the province, means Kinectrics is now ideally positioned for major growth in the future.”  

“With the broad support of Vision Capital, Kinectrics can take advantage of the many opportunities being presented throughout the industry as nuclear, transmission / distribution and hydroelectric utilities refurbish.” “We look forward to further enhancing services for our customers,” concluded Harris.

Kinectrics Inc., an established independent company, was formerly the technical division of Ontario Hydro, predecessor to Ontario Power Generation. From its head office in Toronto Kinectrics offers advanced engineering services, specialized testing facilities and innovative products across the energy sector.

Vision Capital is a leading investment fund with head offices in London, England. Their mission is to create value, by growing businesses. www.visioncapital.com

AEA Technology Group plc is an international environmental consultancy and technology company with offices located worldwide. www.aeat.com

For more information, contact:

Shahrokh Zangeneh, VP Sales & Marketing, 416.207.5790, shahrokh.zangeneh@kinectrics.com