June 5, 2002

ESTec to feature new IntegraLine 150iH top drive drilling system at Global Petroleum Show

ESTec Systems Corp. (TSX Venture: ESE, www.estec.com) today announced that the Company will participate in this year's Global Petroleum Show, to be held June 11-13 in Calgary, Alberta. ESTec is looking to the conference as an opportunity to showcase its new IntegraLine 150iH Top Drive drilling system.

"The Global Petroleum Show is a truly world-class forum within our industry, and a powerful platform from which to demonstrate the compact size and innovative design of our unique Top Drive system," remarked Mr. Anthony Nelson, President and CEO of ESTec Systems.

At a height of only 15 feet, the IntegraLine 150iH is the smallest Top Drive in the world, and the only one that is compatible with a double rig drilling system. ESTec's new drive system enables drilling contractors to increase productivity by as much as 25 percent, while dramatically reducing employee injury rates.

"The strengths of the IntegraLine 150iH can only really be appreciated by seeing it up close," added Mr. Nelson. "Even when people have had a chance to review the dimensions and specifications beforehand, most first time viewers are still impressed with how small and compact our drive system really is."

This year's Global Petroleum Show is being held at the Calgary Stampede Park, located at 20 Roundup Way S.E. A 150iH IntegraLine Top Drive will be featured at ESTec's corporate booth, in Hall D, #7439. A limited number of complimentary show passes are available from ESTec, and can be obtained on a first-come, first-serve basis by calling Mr. XXXX at XXX-XXX-XXXX.

About the Global Petroleum Show

The 2002 Global Petroleum Show-which will be held in Calgary, Alberta, June 11 to 13-is a pivotal showcase for world-class technology in the fields of exploration, production and transportation of oil and natural gas. This year's show will be held in conjunction with the Petroleum Society's 53rd annual International Petroleum Conference. Together, these two major events will attract an anticipated 50,000 visitors from around the globe.

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