March 20, 2006 Power Technology Announces New Pilot
Plant to Manufacture Unique Battery Current Collectors
Plant Designed to be Scaled up for
Mass Production of Power Technology Batteries
HOUSTON , March 20, 2006
(PRIMEZONE) -- Alternative energy company Power Technology, Inc. (OTCBB:PWTC)
announced today a new pilot plant is underway to manufacture the company's unique
battery current collectors.
Once completed, the new plant is designed
to be fully scalable to permit the mass production of the Power Technology Reticulated
Vitreous Carbon current collectors. Bernard J. Walter, President and
CEO of the Company explained, "This facility will allow Power Technology
to manufacture the current collectors necessary for the production of batteries
utilizing our unique, proprietary technology. Equipment and machinery is scheduled
for delivery in April and we expect to have the pilot plant operational in May
of this year. This is a major accomplishment for the company in bringing the
Power Technology research and development efforts to the commercial market for
sale."
About Power Technology: Power Technology,
Inc. is a Research and Development Company engaged in 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.
Please visit our website at www.PWTCBATTERY.com
for more information or call the company directly at 713-621-4310.
All forward-looking statements are,
by necessity, only estimates of future results and actual results achieved by
Power Technology, Inc. (PWTC) may differ materially from these statements due
to a number of factors. PWTC assumes no obligations to update these forward-looking
statements to reflect actual results, changes in assumptions or changes in other
factors affecting such statements. You should independently investigate and
fully understand all risks before making investment decisions.
CONTACT: Power Technology, Inc. Bernard
J. Walter, CEO
|
