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Re: News Release - Thursday, February 21, 2008
Powertech Appoints Wallace M. Mays Chief Operating Officer
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POWERTECH URANIUM CORP. ("Powertech" or the "Company") is pleased to
announce the appointment of Wallace M. Mays as Chief Operating Officer.
Mr. Mays continues as Powertech's Chairman of the Board of Directors.

For the last three years, Mr. Mays has held the position of Operations
Manager for Central Asia with Uranium One Inc. (Uranium One), formerly
Urasia Energy Ltd. (Urasia), focused on initiating and developing the
Uranium One/ Urasia In Situ Recovery (ISR) uranium projects in
Kazakhstan and their uranium exploration activities in Kyrgyzstan.
Effective February 1, 2008 Mr. Mays and Uranium One have mutually
agreed to the termination of Mr. Mays' employment contract and
responsibilities with Uranium One. Mr. Mays is now in a position to
fully concentrate on Powertech's operations and preparations for
production at the Company's Dewey-Burdock and Centennial Projects.

Mr. Mays brings over 34 years of uranium mining experience at senior
management positions, beginning in the United States with the
development of the first commercial scale ISR uranium mine, the Clay
West Uranium Mine in Texas. His career continued with the development
and operation of the Hobson, Las Palmas, Mount Lucas and TX-1 ISR mines
in Texas, and the Highlands ISR mine in Wyoming. Mr. Mays has
successfully restored the Hobson and Las Palmas wellfields, the
Highlands Exxon In- Situ Pilot wellfields, and the Pawnee, Lamprecht,
and Zamzow ISR mines in Texas. Internationally, Mr. Mays has been
involved with the development and operation of the Harat ISR Pilot Mine
and the Dornod open pit uranium mine in Mongolia and more recently the
Akdala, South Inkai and Kharasan ISR mines in Kazakhstan. Mr. Mays is a
Registered Professional Engineer with Bachelor's and Master's degrees
in Chemical Engineering from the University of Texas.

Mr. Mays stated "After accomplishing my personal goals that I had set
for advancing the operations of Uranium One/ Urasia in both Kazakhstan
and Kyrgyzstan I feel that these projects are well established to move
forward. I am very pleased to be returning to Colorado, and working out
of Denver where I have been a long term resident and look forward to
developing the Powertech projects to production. I also look forward to
making a significant contribution to the growth and development of the
US uranium industry."

Richard F. Clement, Jr., President and CEO, stated "We are delighted to
have Wallace back in Denver in the office full time as his expertise is
invaluable at this stage of the Company's development. With Wallace's
oversight of operations and direction to the team of professionals that
Powertech has assembled, we are well on our way to being a near term US
uranium producer."

About Powertech Uranium Corp.

Powertech Uranium Corp. is a Denver-based mineral exploration and
development company that holds the Dewey-Burdock Uranium Deposit in
South Dakota, the Centennial Project in Colorado and the Dewey Terrace
and Aladdin Projects in Wyoming. The company's key personnel have over
200 years of experience in the uranium industry throughout the United
States, and have permitted more than a dozen in-situ operations for
production. For more information, please visit
http://www.powertechuranium.com/

POWERTECH URANIUM CORP.

Per: "Richard F. Clement"
Richard F. Clement Jr.,
President& CEO

For further information, please contact:

Thomas A. Doyle, CFO, VP Finance
Phone: (604) 685-9181
Email: info@powertechuranium.com

The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release

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Copyright (c) 2008 POWERTECH URANIUM CORP. (PWE) All rights reserved.
For more information visit our website at
http://www.powertechuranium.com/ or send
mailto:info@powertechuranium.com
Message sent on Thu Feb 21, 2008 at 6:45:04 AM Pacific Time
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