HOUSTON, June 29, 2005 (PRIMEZONE) -- Power Technology (OTCBB:PWTC) announced today that its Chairman and CEO, Bernard J. Walter, had been interviewed by the Wall Street Reporter. Bernard J. Walter said: "Each day the Wall Street Reporter, http://wallstreetreporter.com/ interviews forty to sixty CEOs of leading public companies and selected private companies. The in-depth, unbiased, unscripted interviews deliver a first hand perspective that enables investors to make intelligent and informed investment decisions. I was pleased the Wall Street Reporter chose to interview me about the investment opportunity Power Technology presents."
The interview is available online at: http://www.wallstreetreporter.com/profiles/POWERTECHNOLOGYINC.html
About Power Technology: Power Technology, Inc. is a Research and Development Company that is engaged in activities regarding alternative battery technology using patented, ultra light 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 battery technology, and intends to introduce its batteries for sale in 2005.
All statements included in this press release, other that statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations are disclosed in this Press Release. While Power Technology, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Power Technology, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Power Technology, Inc.'s filings with the Securities and Exchange Commission.