On January 1998 SMART-TECH POWER & ENGINEERING SYSTEMS was formed and was registered as a single proprietorship construction firm owned by Engineer Stephen F. Collao a Professional Electrical Engineer. It has a capitalization of P100,000.00 pesos only coming from his retirement benefits when he applied for early retirement plan offered by San Miguel-Purefoods Corporation in 1997. The main line of business then was Electrical Construction and Air-conditioning services.

In the year 2000, Engr. Collao decided to expand his services by hiring technical people who has knowledge in High Voltage construction, Substation/Transformer Repair, Servicing and Testing. Thereby, utilizing his advantage as a Professional Electrical Engineer over his competitors in the High Voltage Electrical Construction Industry.

In March of 2002 as the customers/clients grew bigger, the firm is in dire need for more capitalization. Engr. Collao, decided to invite family members to invests, and thus the firm was incorporated and named the company as SMART-TECH POWER SYSTEMS & DEVELOPMENT CORPORATION. It has an initial capitalization of P 4,000,000.00. With the increased capitalization, the corporation was able to upgrade and acquire more tools, test instruments and transportation. This way, the company mobility and reliability was vastly enhanced.