Tel: 1.713.621.4310 | Stock Symbol PWTC

 

 

Power Technology Receives Funding
for Production of New Batteries
-- January 3, 2006

 

HOUSTON, TEXAS -- PRIMEZONE Media -- Power
Technology Inc. (PWTC) announced today that it had obtained
additional funding to enable it to purchase machinery and equipment
required for the manufacture of its patent-pending battery technology.

CEO Bernard J. Walter stated, ``Cornell Capital Partners, LP has agreed to provide us with an additional $1.1 million of funding, which will enable us to purchase machinery and equipment necessary to build our pilot plant to manufacture our unique patent pending current collectors for our batteries and to bring our batteries to market".

About Power Technology, Inc.

Power Technology, Inc. is a Research and Development Company engaged in development activities regarding alternative battery technology using materials with up to 50% less weight and significantly less lead content than conventional batteries. The Company is in the early stages of commercializing its technology, and has designed equipment and systems to manufacture its patent pending batteries.

For More Information Contact Power Technology, Inc. (713) 621 - 4310
Or Click Here To e-mail info@pwtcbattery.com