HOUSTON, Sept. 29, 2005 (PRIMEZONE) -- Power Technology Inc. (OTCBB:PWTC) announced today it has manufactured an advanced glass matt prototype battery containing its patent-pending reticulated vitreous carbon current collectors, and the prototype will be delivered to a major hybrid automobile manufacturer for comprehensive testing. After Power Technology performs initial tests of the prototype, it intends to deliver the prototype battery to the manufacturer by November 1, 2005, for the manufacturer's complete evaluation and testing. Bernard J. Walter, president of Power Technology, said: "Hybrid vehicles utilizing the Power Technology higher energy capacity, lighter-weight, lower-lead content batteries are the perfect application of our patent-pending technology. In the current high energy cost environment, we believe our batteries can make a significant difference in hybrid operating cost and efficiency."
About Power Technology
Power Technology, Inc. is a research and development company engaged in activities regarding alternative battery technology using patented, ultra-light materials with up to 50 percent less weight and significantly less lead content than conventional batteries. The company is in the early stages of commercializing its battery technology, and has designed equipment and systems to manufacture its patent-pending batteries.
Please visit our Web site 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.