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DD Thanks to Birdy
PWTC D.D. Page "Reincarnated" slightly.
PWTC Investor Summary DD ( Slightly Revised 02/02/02)
PWTC Web Page
http://www.powerpwtc.com
Pipelink Web Page
http://www.pipelinkonline.com
Recent Pipelink News
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29023
Pipelink Patent
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/neta....
Who Is Alvin Snaper?
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=6975
Alvin Snaper Links
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10878
Re-Inventing Mr. Edison's Battery
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=8356
Why Buy PWTC? (Upgraded)...By Caradoc
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6970
Why Buy PWTC?... By Logman
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13735
PWTC Is Not Just Batteries
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10716
Pipeline Joining Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15574
Alloy Sensor & Grain Drying Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15575
The News Is Out To Hundreds Of Media
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12695
Website Devoted To Unsubstantiated Rumours...by Hasher5
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3519
Company News
Power Technology Announces Test Results
http://biz.yahoo.com/bw/000921/nv_power_t.html
A New Partner 9/13/00
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11395
Annual Shareholders Meeting...Announcement of Construction of Battery Based on New Patented Structure
http://biz.yahoo.com/bw/000706/nv_power_t.html
PWTC Awarded Patent #6,060,198 For New Electrochemical Battery Structure
http://biz.yahoo.com/bw/000515/nv_power_t_2.html
Dr. Ulf Lindquister appointed V.P. of Business Development
http://biz.yahoo.com/bw/000508/nv_power_t_1.html
B.C. Research Indendent Testing Services
http://biz.yahoo.com/bw/000501/nv_power_t_1.html
35 Million Dollar Equity Line
http://biz.yahoo.com/bw/000417/nv_power_t_1.html
Other PWTC Patents
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3583
11/11/98 Interview with President of Power Tecnology Lee Balak
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9284
CEOcast Interview Transcript
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=12422
The PWTC Plan
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10718
Post By Lolabito
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=16063
Post By Awin55
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11175
Posts By Caradoc
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14330
Posts By EdFrank
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13826
Posts By Geostar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11167
Posts By Gulfbreeze
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14229
Posts By JohnnyAngel
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13841
Posts By Juuleseaar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13910
Posts By Kmby
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15373
Posts By LateFreight
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14286
Posts By Mee
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14284
Posts By Oris52
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13765
Posts By Plantman2
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12763
Posts By RegGuheert WHAT AN ADDITION TO US!!!!!
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8268
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12471
TheRooster: A man with a vision
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11150
Posts By RF4C
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13866
Posts By Shining Light
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11174
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11173
Some Related Articles
Electric Bikes/ Electric Cars
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9195
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9181
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8272
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3435
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8399
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8409
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6689
Honda Insight Hybrid Car
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10775
PWTC Certified Shareholders
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13744
The OBC (Old Bulls Club + A Few Choice Females)
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14656
Research Site
http://www.wallstreetcity.com
Research Page
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9285
PWTC Chart
http://www.askresearch.com/cgi-bin/chart?
Last Ten Trades
http://host.cnbc.com/jetson/Last_n_Trades.html
Amex Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12465
Nasdaq Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12466
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11161
INVESTMENT ARTICLES
Really Negative News Or Is That Positive News?
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11318
Psychology of Investing
http://www.smallcapdigest.com/geist1.html
The Psychology of Corrections
http://www.smallcapdigest.com/geist4.html
Patience (On Not Being Able To Wait)
http://www.smallcapdigest.com/geist7.html
Avoiding Psychological Mistakes In Micro-Investing
http://www.smallcapdigest.com/geist2.html
Talking With Management
http://www.smallcapdigest.com/geist3.html
The Ups And Downs Of Investing
http://www.ragingbull.com/mboard/boards.cgi?board=TMSS&read=491
Are You Sick Or Depressed? Birdy's Food Answer!
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14105
Please visit the hungersite every day
http://www.thehungersite.com/
"Our thoughts and imaginations, the only real limits to our possibilities."
"Only those who risk going too far can possibly know how far one can go." T.S. Eliot
"Change must come from within." Hasher
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29306
What is Magnetic-pulse forming?
Magnetic-pulse forming was a popular manufacturing method before the advent of deep-draw presses. Now the technique has been
restructured for construction and repair of pipelines. In its simplest version, the procedure calls for a conductive sleeve to be placed over the
ends of two less-conductive pipes to be joined. A capacitor-fired conductive coil put over the sleeve induces a powerful but very short-lived
current in the sleeve. The resulting radially directed magnetic field in the sleeve causes it to contract over the pipe ends.
The Magnetic Pulse Forming Process and History
The magnetic pulse forming process is a revolutionary technique that is used to fuse or bond metals. The technology has been used
successfully in the past by the major automotive manufacturers to couple the U-joint with the drive shaft of an automobile. Conventional
welding methods are not suitable for this application because of the necessity for this bond to be true and balanced.
State of Current Technology
The current state of technology for joining pipelines, whether it is for natural gas, oil, water or waste transmission, has not seen major
technological improvement in many years. Essentially it takes 4 different steps to weld a single joint in the field. What is not widely known is
that there is a simple process that will create a leak proof seam in one easy step, replacing the current system at a fraction of the cost.
Alvin A. Snaper feels that the time has come for the development of this technology. He has been engaged in scientific research and
development of products and processes for over thirty years. His well known inventions include the IBM Selectric type ball, Tang and the
NASA Apollo Photo-pack. In addition to these, he has been awarded approximately six hundred other patents, many for significant industrial
products and processes.
What are the benefits?
The technique is extremely beneficial in oil drilling operations where well-casing segments have to be threaded together. Welding
large-diameter oil and gas pipes is very hazardous and threading them together is difficult and time consuming. This new method of cold pipe
joining uses a very safe and exceptionally efficient magnetic pulse to join abutting pipes.
Today, all industrialized countries in the world are building pipelines to carry such commodities as natural gas, oil and water. The present
method of joining the pipe sections is with a conventional welding process that is very time consuming, expensive and relatively unreliable. The
magnetic pulse forming process is a proven technology that could be applied to such an application with the proper research,
development,and marketing program.
Competitive Advantage
The existing system of pipeline construction universally uses welding. Welding requires a labor-intensive crew of skilled, certified (high paid)
welders. After welding, inspection of the joint by magneflux, ultrasonics and x-ray are required by law to certify the weld joint, the quality of
which is wholly dependent upon the skill of the welder. This system eliminates the human skill factor, reduces the labor costs and can eliminate
post-joining inspection requirements. It is anticipated that once field experience is gained, inspection regulations can be changed to reflect this
new technology.
Magnetic pulse joining can provide an advanced and cost effective method of joining or repairing pipe sections for industries such as natural
gas, oil, gasoline, water, sewage and chemical. The process reduces the cost and dangers of open flame or arc welding and produces joints
without heating (which can alter the temper or crystalline properties of the pipe material). The potential of reducing the cost of post joining
inspection alone will be a significant factor.
Technology Status
During the Proof of Principle procedure a number of pipes have been joined and thoroughly pressure tested. The initial results were
outstanding. Proof of principle has been established on pipe sections in 2", 4" and 8" diameter. In the case of the 2" pipe, the required break
strength for commercial use is 2100 psi. Our joint was tested at a Minnesota University and held up to pressures of 3500 psi. The Milwaukee
School of Engineering also performed a proof of pressure evaluation on the magnetic formed pipe joints. The sample was exposed to a static
pressure differential of 2500 psi for five (5) minutes. During that time the unit was examined for signs of leakage and none were detected.
The Opportunity
This is a well-researched Magnetic Pulse Joining technology used by General Motors and Ford for joining of small parts. To date this
technology has not been used by anyone for application on a much larger scale. Alvin Snaper, one of the United States most prolific and
successful inventors has completed the proof of principle and has in place the necessary patent. This process will eliminate the current 4-step
pipeline welding process by replacing it with a one step, high quality, and extremely cost effective system.
The Business Potential
Current costs of welding a single 36" joint under average conditions, between two 80-foot sections of pipe in the field are approximately
$1300.00 per weld joint. This estimate has been verified by three (3) separate sources within the pipeline welding industry. The average
contractor can weld about 100 joints per day manually when all 4 welding crews are working at a standard pace. At $1300.00 per joint, this
is an average cost per day of $130,000.00 and per month (30 working days/month for this type of work) a cost of $3,900,000.00. The 3
pipeline experts we spoke to estimate that even a 50% savings in welding time with this new technology would only translate to a 25% savings
in pipe laydown time because the welding process is only one of several factors that affect pipe lay speed.
The main factor that presents a bottleneck for throughput is the terrain the pipeline must pass through, with rocky terrain presenting more of a
bottleneck to production, and soft prairie terrain presenting virtually no bottlenecks, resulting in greater speeds of pipe lay down. Therefore
we will assume 25% savings in production time for good terrain and none for difficult terrain. A one step joining process that yielded a 25%
savings over a 4 step welding process, would provide savings of $3,900,000.00 x 0.25 or $975,000.00 per month to the contractor. In
addition, this process of Magnetic Pulse Joining will eliminate the currently costly procedure of using the Alignment tool, which costs in excess
of $40,000 per month (including back-up unit). The quality and type of joint applied will also eliminate the need to x-ray the pipe. It is
important to note that the pipeline industry has proven itself willing to add new technology for welding techniques even if the technology only
increases reliability and quality of the welded joints, without any improvements to the speed of welding. This process, in addition to
consistently maintaining a quality joint, does so at a substantially reduced cost.
Other Industrial Applications
The above calculations are with respect to oil pipelines only. There are a whole host of industrial applications where welding of diameters
smaller than pipelines and yet larger than small auto parts is required. All of these situations could benefit from this new technology. To date,
no research has been done in these areas.
Sensory Alloy
The Sensory Alloy is a special metal alloy that produces an electric charge
on contact with water. Wherever the detection of water or aqueous media
is required, the alloy offers a simple, low cost, long life solution.
Alloy sensing technology is applicable to the measurement of aqueous
media in areas such as fuel, oil, and water tanks as well as other metal
products, such as oil and natural gas pipelines.
It is capable of producing .75 volts, a charge sufficient to trigger an alarm
system. For this reason, this alloy has value in monitoring leaks in a
commercial roof, basement, ship's hold, or anywhere else that moisture
must be monitored to prevent damage to expensive property or
equipment.
This technology can be operated as a battery in very low voltage
applications.
Power Technology, Inc. acquired this patent in June of 1998, and is
offering commercial licenses for this product.
Power Technology, Inc. Retains Partners Capital Group to Accelerate Growth Strategies
LAS VEGAS--(BUSINESS WIRE)--July 17, 2002--Power Technology, Inc. (OTCBB:PWTC - News) announced today that it has
engaged the services of Partners Capital Group, of Miami, Florida, to accelerate the Company's aggressive growth strategies.
Partners Capital Group will be providing consulting services in the areas of strategy, partnerships, joint ventures, large-scale alliances,
customer acquisition, marketing, growth, financial, and mergers and acquisitions. The company focuses on small and mid-cap publicly traded
companies, helping to ensure that the proper information flows to the media and the financial community.
"Partners Capital Group is a well-established and well-respected company with proven financial success and a history of working well with
venture-backed companies like ours," said Power Technology CEO Lee Balak. "The company is also committed to building a long-term
relationship with Power Technology to further assist in our growth and expansion."
"Power Technology has a unique business strategy that adheres to the vision of the Company's core competency," said Orlando Birbragher,
President of Partners Capital Group. "We are looking forward to being the strategic catalyst that speeds up the process to deliver an order of
magnitude improvement in shortening the time horizon to profitability. Power Technology has all the necessary ingredients to be a multi-million
dollar company."
About Power Technology
Power Technology, Inc. (OTCBB:PWTC - News), a Nevada corporation, is engaged in the development of advanced battery technology.
Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical
technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
About Partners Capital Group
Founded in 1993, Partners Capital Group (PCG) is a full financial and consulting services firm located in Miami, Florida. As an independent
US Broker Dealer and Investment Bank, PCG offers their clients a full range of domestic and international products and services, analysts,
comprehensive research, technology and access to experienced professionals. Partners is the consulting division of the PCG specializing in
helping small and mid-size companies establish their images and build greater awareness through the dissemination of information to the media
and the investment community. www.partnerscapitalgroup.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are
forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed
in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance
of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's
filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology,
Inc. (the Company).
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Peter Holeczek, 800/632-6012
ower Technology Introduces a Strategic Business Transformation
LAS VEGAS--(BUSINESS WIRE)--Aug. 7, 2002--Power Technology Corporation (OTC BB: PWTC - News) announces a strategic
business transformation. ADVERTISEMENT
After five years of developing advanced technology from patent to beta testing, Power Technology has laid the necessary ground work to
make the transition from research and development to manufacturing and sales.
Power Technology will manufacture the advanced battery technology that has been incubated over the past years. Power Technology has
invested significant ongoing resources to assess the changing business environment, identify competitive opportunities, and either capture or
create those opportunities.
As part of their ongoing Strategic Plan, Power Technology will attempt to grow and enhance the value of their business through strategic
acquisitions. In conjunction with one of the largest battery equipment providers and a fifty million plus automotive distribution group, Power
Technology will enhance their ability to compete in the markets.
"Our approach is to focus on strategic key value drivers affected by shifting business paradigms with the aim of re-positioning the company
and developing creative strategies to enhance sustainable shareholder value," said CEO Lee Balak.
"We have identified two companies that will open major market doors," stated Balak. "Our first proposed acquisition will be a specialized
technology company that services major utility corporations. The company comes with over five million in booked business, over twenty
major utility customers and expects to generate over nine million in sales in 2003. The proposed acquisition would result in positive cash flow
almost immediately."
The Company's second acquisition target caters directly to the automotive world. The targeted company will provide an avenue for battery
distribution. The slated product has already been endorsed by a major Fortune 100 company, which is assisting in the marketing and
manufacturing efforts.
"Together with the proposed acquisitions and the shift into manufacturing the battery technology, Power Technologies has redirected their
infrastructure to reflect the business transformation," said Balak. "This transformation then leads to the creation of clear competitive
advantages within the industry which fuels further increased profits and asset utilization resulting in dramatic improvements in shareholder
value."
About Power Technology
Power Technology Inc. (OTC BB: PWTC - News), a Nevada Corporation, is engaged in the development of advanced battery technology.
Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical
technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are
forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed
in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance
of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's
filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology,
Inc (the Company).
Power Technology to Acquire Leach Industries
LAS VEGAS--(BUSINESS WIRE)--Aug. 21, 2002--Power Technology (OTCBB:PWTC - News) announced a letter of intent to acquire
Leach Industries,Inc., developer of the AMRON line of utility products. ADVERTISEMENT
This acquisition marks the beginning of a business transformation for Power Technology that will create a revenue model with positive cash
flow.
Leach Industries, Inc., located in Macon, Georgia, is a pioneer in the automatic meter reading market, having operated as a developer and
manufacturer of cost effective automation components for utility companies since 1995. The AMRON System is a powerful combination of
specialized hardware and software combined to provide utilities with a complete low cost automation process for communicating automatic
meter reading and outage notification. According to industry sources, there are over 121 million electric meters in the U.S. and less than 10%
had been read remotely at the end of 2001.
The AMRON LITE is a patented, compact outage/restoration notification and meter reading device that conveniently plugs into an existing
power receptacle and a telephone outlet. In conjunction with the device, Leach offers full call-center services, including data storage,
outage/restoration statistics and third party outage/restoration notification.
Leach Industries has completed the development of a communication interface option board ( CIB ) to facilitate wireless communications with
new, fully electronic meters. The CIB provides wireless retrieval of metered and other power data in real time. Leach also provides full meter
data services via its AMRON Meter Management Portal ( AMMP ), making utility and customer billing data available via the internet as well
as directly to utility billing systems.
Leach Industries, with its AMRON LITE product, has booked over $ 3 million in contract sales, has positive cash flow and is profitable. In
addition, there are more than a dozen completed beta tests and new tests occurring with seventeen other major utilities who are potential users
of the product.
Executives of both companies see this merger as an opportunity beneficial for growth and success. Completion of the merger is slated for late
September.
Safe-Harbor Statement under the Private Securities reform Act of 1995: The statements contained herein that are not historical are
considered, " forward looking," Such statements are subject to risks and uncertainties that could cause material difference from expected and
real outcome of results.The company is subject to possible delays in either production or customer acceptance of the product. This
information is anticipated to be correct but subject to risks of new technologies. Delays in testing and evaluation are always harmful to newly
developing high tech companies.
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Lee Balak, 604/925-0716
Power Technology to Receive Funding
Thursday September 5, 12:57 am ET
LAS VEGAS--(BUSINESS WIRE)--Sept. 4, 2002--Power Technology (OTCBB:PWTC - News) announced that they have secured the
necessary funding to proceed with the production process for their advanced battery technology.
This announcement comes after a thorough and complete test of the pre-production batteries by the Cattella Generics Test Lab in Stockholm,
Sweden. Cattella Generics is a world-leading consultancy in the field of battery and fuel cell technology that provides testing and evaluations
of performance in their state-of-the-art laboratories, www.cgr.se
Cattella Generics was very helpful for Power Technology to demonstrate its patents and as a result attracted third party investors to make
substantial contributions and investments in the company's viable technology. The estimated cost to design and build the first set of tooling and
manufacturing machinery will range between three million ($3,000,000) and five million ($5,000,000) dollars. The commitment for the funding
comes from battery professionals who have acknowledged the superior technology of the structural aspects of the power battery.
Manufacturers and production tool designers have already begun the process of review for determining the cost for manufacturing the new
battery. The company estimates that the battery beta testing testing program from full production equipment should take less than a year.
"We feel that the recent test results by the Cattella Test Lab continue to validate our strategic business and technology innovation," stated Lee
Balak, CEO. "The results will help enhance the deployment of our advanced technology in specific market contexts. We view this validation
as a market-related valuation benchmark for maximizing value on the realization of our investments to date in the company."
About Power Technology
Power Technology Inc. (OTCBB:PWTC - News), a Nevada Corporation, is engaged in the development of advanced battery technology.
Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical
technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are
forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed
in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance
of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's
filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology,
Inc (the Company).
--------------------------------------------------------------------------------
Contact:
Princeton Research, Inc.
Mike King, 702/650-3000
Scientific Staff
The Power Technology Scientific Team consists of a successful group of retired professionals, all of whom have come out of retirement to
provide their expertise and experience in developing our innovative technologies. These men are all financially secure in retirement but were
excited about the possibilities of developing an environmentally friendly battery and our other products.
Larry Bryant
Electronic Engineer
Larry Bryant, 57, is the company's project electronic engineer. He retired from the United States Air Force in 1978 after 20 years of service
and numerous awards for technical abilities. As an expert in electronic and electromechanical technology, his last military assignment was an
manager of a specialized research and prototype facility for quick response development of electronic, electromechanical and electro-optical
devices for classified applications. After leaving the united States Air Force, Mr. Bryant was employed as a Senior Project Engineer for the
Space Division of Emerson Electric of St. Louis, Missouri. At Emerson Electric he was involved in a number of projects related to the design
and development of radar, microwave, and electro-optical infrared detection and ranging systems for military applications.
James Corbett
Electronics Engineer
Mr. Corbett has extensive background in developing electronic devices and broad experience in hands-on test programs. His primary focus
will be the Self-Powered Water/Moisture Sensor, including developing and executing the test programs and creating the testing equipment and
protocol to produce a marketable product.
Frank Farrell
Senior Chemical Engineer
Mr. Farrell has more than 50 years of multi-discipline engineering experience specializing in chemical, system, and consulting engineering. He
has a strong background in solution-oriented research and development for science and in solving engineering problems with industrial and
aerospace companies. His areas of expertise include general chemistry, electrochemistry, cryogenics, powder and open cell metallurgy,
polymer science and technology, electronics, photolithography, integrated circuitry, solar energy, thermoelectricity, water analysis and
treatment, propellants, biomedical, diagnostics, and laboratory equipment and protocol. Following 5 years in the Army Engineering Corps,
Mr. Farrell worked and/or consulted for Linde Air Products Company, Bakelite Company, Union Carbide Plastics, Aerojet General
Corporation, Grand Central Rocket Company, Rocket Power of Gabriel Corporation, Astropower of Tally Industries, Lockheed Propulsion
Company, General Fluidice Corporation, and Westgate Research Corporation. Mr. Farrell holds a bachelor's degree in science from Rutgers
University in New Jersey.
Ernest Rogers, Ph.D.
Engineer
Dr. Rogers has 30-plus years of experience in research and product development, especially using computational analysis for solving practical
problems relating to physics and chemistry. He has used computer modeling to develop rotating machines--an automobile transmission, a
centrifuge for cleaning up oil spills in water, and wind turbines. He has used mathematics and computer analysis to achieve advances in
chemistry, such as improved formulas for rocket propellants, and to predict movement of contaminants in the environment. In recent years he
consulted with various companies across the U.S. to improve their products and manufacturing processes. Dr. Rogers was Senior Engineer at
Thiokol Inc. (space shuttle solid fuel rocket motor program), Division Manager and Director of Engineering for the Energy Division of Felt
Products Company, Chief Engineer on a Department of Energy project for wind turbine development, Staff Scientist at Aerojet Nuclear
Corporation (reactor safety research), and Guest Scientist at the National Bureau of Standards (research into high-energy rocket fuels). Dr.
Rogers holds a B.S. in physics and chemistry from Fresno State University, and a Ph.D. in physics from the University of Utah (high-pressure
physics). He is the author of a number of U.S. patents and several published articles.
Charles Warn
Chief Chemical Engineer
Charles "Chuck" Warn, 70, is the chief chemical engineer for the project. He has over forty years of experience in development and project
engineering and design expertise in a variety of different disciplines. His past experience includes working with General Motors and
Parker-Hannifin with high performance aircraft fuel systems, life support systems and extravehicular activity systems for all spacecraft through
Apollo 11 with Airesearch and Rockwell International, and developing and testing detector and diagnostic equipment with EG & G Inc.
Specific experience to Power Technology includes project engineering oversight of silver-oxide batteries for spacecraft, mining equipment
battery system procurement engineering, battery evaluation for down-hole testing at the Nevada Test Site, development of line-replaceable
units for the space shuttle (including energy storage systems), and evaluation of the future of high-energy flywheels compared to storage
batteries.
PWTC Current Collector Plate
look at products in website
http://www.powertechnologyonline.com/R1T3products.html
POB. You have not been censored. I thought hasher was quite clear of what this board is and what it will remain.
No personal attacks is the rule. If stopping personal attacks
are censorship you can't live without I am sorry to see you go.
logman
mlf, hotdog, POB, and others. If you are that worried about it I suggest you call and ask. Or email.
lbalak@attglobal.net
(604) 506-4001
Wolf
wmeyerfeld@telus.net
Don't get mad at me. Just trying to help.
hasher. I agree!
Hi dfh. Good for your son. Congrats!
I agree, lets see them make him some money now!
Light the fuse now boys.
Just a little good reading for new investors below.
DD Thanks to Birdy
PWTC D.D. Page "Reincarnated" slightly.
PWTC Investor Summary DD ( Slightly Revised 02/02/02)
PWTC Web Page
http://www.powerpwtc.com
Pipelink Web Page
http://www.pipelinkonline.com
Recent Pipelink News
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29023
Pipelink Patent
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/neta....
Who Is Alvin Snaper?
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=6975
Alvin Snaper Links
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10878
Re-Inventing Mr. Edison's Battery
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=8356
Why Buy PWTC? (Upgraded)...By Caradoc
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6970
Why Buy PWTC?... By Logman
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13735
PWTC Is Not Just Batteries
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10716
Pipeline Joining Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15574
Alloy Sensor & Grain Drying Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15575
The News Is Out To Hundreds Of Media
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12695
Website Devoted To Unsubstantiated Rumours...by Hasher5
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3519
Company News
Power Technology Announces Test Results
http://biz.yahoo.com/bw/000921/nv_power_t.html
A New Partner 9/13/00
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11395
Annual Shareholders Meeting...Announcement of Construction of Battery Based on New Patented Structure
http://biz.yahoo.com/bw/000706/nv_power_t.html
PWTC Awarded Patent #6,060,198 For New Electrochemical Battery Structure
http://biz.yahoo.com/bw/000515/nv_power_t_2.html
Dr. Ulf Lindquister appointed V.P. of Business Development
http://biz.yahoo.com/bw/000508/nv_power_t_1.html
B.C. Research Indendent Testing Services
http://biz.yahoo.com/bw/000501/nv_power_t_1.html
35 Million Dollar Equity Line
http://biz.yahoo.com/bw/000417/nv_power_t_1.html
Other PWTC Patents
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3583
11/11/98 Interview with President of Power Tecnology Lee Balak
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9284
CEOcast Interview Transcript
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=12422
The PWTC Plan
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10718
Post By Lolabito
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=16063
Post By Awin55
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11175
Posts By Caradoc
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14330
Posts By EdFrank
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13826
Posts By Geostar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11167
Posts By Gulfbreeze
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14229
Posts By JohnnyAngel
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13841
Posts By Juuleseaar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13910
Posts By Kmby
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15373
Posts By LateFreight
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14286
Posts By Mee
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14284
Posts By Oris52
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13765
Posts By Plantman2
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12763
Posts By RegGuheert WHAT AN ADDITION TO US!!!!!
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8268
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12471
TheRooster: A man with a vision
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11150
Posts By RF4C
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13866
Posts By Shining Light
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11174
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11173
Some Related Articles
Electric Bikes/ Electric Cars
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9195
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9181
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8272
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3435
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8399
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8409
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6689
Honda Insight Hybrid Car
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10775
PWTC Certified Shareholders
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13744
The OBC (Old Bulls Club + A Few Choice Females)
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14656
Research Site
http://www.wallstreetcity.com
Research Page
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9285
PWTC Chart
http://www.askresearch.com/cgi-bin/chart?
Last Ten Trades
http://host.cnbc.com/jetson/Last_n_Trades.html
Amex Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12465
Nasdaq Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12466
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11161
INVESTMENT ARTICLES
Really Negative News Or Is That Positive News?
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11318
Psychology of Investing
http://www.smallcapdigest.com/geist1.html
The Psychology of Corrections
http://www.smallcapdigest.com/geist4.html
Patience (On Not Being Able To Wait)
http://www.smallcapdigest.com/geist7.html
Avoiding Psychological Mistakes In Micro-Investing
http://www.smallcapdigest.com/geist2.html
Talking With Management
http://www.smallcapdigest.com/geist3.html
The Ups And Downs Of Investing
http://www.ragingbull.com/mboard/boards.cgi?board=TMSS&read=491
Are You Sick Or Depressed? Birdy's Food Answer!
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14105
Please visit the hungersite every day
http://www.thehungersite.com/
"Our thoughts and imaginations, the only real limits to our possibilities."
"Only those who risk going too far can possibly know how far one can go." T.S. Eliot
"Change must come from within." Hasher
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29306
What is Magnetic-pulse forming?
Magnetic-pulse forming was a popular manufacturing method before the advent of deep-draw presses. Now the technique has been restructured for construction and repair of pipelines. In its simplest version, the procedure calls for a conductive sleeve to be placed over the ends of two less-conductive pipes to be joined. A capacitor-fired conductive coil put over the sleeve induces a powerful but very short-lived current in the sleeve. The resulting radially directed magnetic field in the sleeve causes it to contract over the pipe ends.
The Magnetic Pulse Forming Process and History
The magnetic pulse forming process is a revolutionary technique that is used to fuse or bond metals. The technology has been used successfully in the past by the major automotive manufacturers to couple the U-joint with the drive shaft of an automobile. Conventional welding methods are not suitable for this application because of the necessity for this bond to be true and balanced.
State of Current Technology
The current state of technology for joining pipelines, whether it is for natural gas, oil, water or waste transmission, has not seen major technological improvement in many years. Essentially it takes 4 different steps to weld a single joint in the field. What is not widely known is that there is a simple process that will create a leak proof seam in one easy step, replacing the current system at a fraction of the cost.
Alvin A. Snaper feels that the time has come for the development of this technology. He has been engaged in scientific research and development of products and processes for over thirty years. His well known inventions include the IBM Selectric type ball, Tang and the NASA Apollo Photo-pack. In addition to these, he has been awarded approximately six hundred other patents, many for significant industrial products and processes.
What are the benefits?
The technique is extremely beneficial in oil drilling operations where well-casing segments have to be threaded together. Welding large-diameter oil and gas pipes is very hazardous and threading them together is difficult and time consuming. This new method of cold pipe joining uses a very safe and exceptionally efficient magnetic pulse to join abutting pipes.
Today, all industrialized countries in the world are building pipelines to carry such commodities as natural gas, oil and water. The present method of joining the pipe sections is with a conventional welding process that is very time consuming, expensive and relatively unreliable. The magnetic pulse forming process is a proven technology that could be applied to such an application with the proper research, development,and marketing program.
Competitive Advantage
The existing system of pipeline construction universally uses welding. Welding requires a labor-intensive crew of skilled, certified (high paid) welders. After welding, inspection of the joint by magneflux, ultrasonics and x-ray are required by law to certify the weld joint, the quality of which is wholly dependent upon the skill of the welder. This system eliminates the human skill factor, reduces the labor costs and can eliminate post-joining inspection requirements. It is anticipated that once field experience is gained, inspection regulations can be changed to reflect this new technology.
Magnetic pulse joining can provide an advanced and cost effective method of joining or repairing pipe sections for industries such as natural gas, oil, gasoline, water, sewage and chemical. The process reduces the cost and dangers of open flame or arc welding and produces joints without heating (which can alter the temper or crystalline properties of the pipe material). The potential of reducing the cost of post joining inspection alone will be a significant factor.
Technology Status
During the Proof of Principle procedure a number of pipes have been joined and thoroughly pressure tested. The initial results were outstanding. Proof of principle has been established on pipe sections in 2", 4" and 8" diameter. In the case of the 2" pipe, the required break strength for commercial use is 2100 psi. Our joint was tested at a Minnesota University and held up to pressures of 3500 psi. The Milwaukee School of Engineering also performed a proof of pressure evaluation on the magnetic formed pipe joints. The sample was exposed to a static pressure differential of 2500 psi for five (5) minutes. During that time the unit was examined for signs of leakage and none were detected.
The Opportunity
This is a well-researched Magnetic Pulse Joining technology used by General Motors and Ford for joining of small parts. To date this technology has not been used by anyone for application on a much larger scale. Alvin Snaper, one of the United States most prolific and successful inventors has completed the proof of principle and has in place the necessary patent. This process will eliminate the current 4-step pipeline welding process by replacing it with a one step, high quality, and extremely cost effective system.
The Business Potential
Current costs of welding a single 36" joint under average conditions, between two 80-foot sections of pipe in the field are approximately $1300.00 per weld joint. This estimate has been verified by three (3) separate sources within the pipeline welding industry. The average contractor can weld about 100 joints per day manually when all 4 welding crews are working at a standard pace. At $1300.00 per joint, this is an average cost per day of $130,000.00 and per month (30 working days/month for this type of work) a cost of $3,900,000.00. The 3 pipeline experts we spoke to estimate that even a 50% savings in welding time with this new technology would only translate to a 25% savings in pipe laydown time because the welding process is only one of several factors that affect pipe lay speed.
The main factor that presents a bottleneck for throughput is the terrain the pipeline must pass through, with rocky terrain presenting more of a bottleneck to production, and soft prairie terrain presenting virtually no bottlenecks, resulting in greater speeds of pipe lay down. Therefore we will assume 25% savings in production time for good terrain and none for difficult terrain. A one step joining process that yielded a 25% savings over a 4 step welding process, would provide savings of $3,900,000.00 x 0.25 or $975,000.00 per month to the contractor. In addition, this process of Magnetic Pulse Joining will eliminate the currently costly procedure of using the Alignment tool, which costs in excess of $40,000 per month (including back-up unit). The quality and type of joint applied will also eliminate the need to x-ray the pipe. It is important to note that the pipeline industry has proven itself willing to add new technology for welding techniques even if the technology only increases reliability and quality of the welded joints, without any improvements to the speed of welding. This process, in addition to consistently maintaining a quality joint, does so at a substantially reduced cost.
Other Industrial Applications
The above calculations are with respect to oil pipelines only. There are a whole host of industrial applications where welding of diameters smaller than pipelines and yet larger than small auto parts is required. All of these situations could benefit from this new technology. To date, no research has been done in these areas.
Sensory Alloy
The Sensory Alloy is a special metal alloy that produces an electric charge
on contact with water. Wherever the detection of water or aqueous media
is required, the alloy offers a simple, low cost, long life solution.
Alloy sensing technology is applicable to the measurement of aqueous
media in areas such as fuel, oil, and water tanks as well as other metal
products, such as oil and natural gas pipelines.
It is capable of producing .75 volts, a charge sufficient to trigger an alarm
system. For this reason, this alloy has value in monitoring leaks in a
commercial roof, basement, ship's hold, or anywhere else that moisture
must be monitored to prevent damage to expensive property or
equipment.
This technology can be operated as a battery in very low voltage
applications.
Power Technology, Inc. acquired this patent in June of 1998, and is
offering commercial licenses for this product.
Power Technology, Inc. Retains Partners Capital Group to Accelerate Growth Strategies
LAS VEGAS--(BUSINESS WIRE)--July 17, 2002--Power Technology, Inc. (OTCBB:PWTC - News) announced today that it has engaged the services of Partners Capital Group, of Miami, Florida, to accelerate the Company's aggressive growth strategies.
Partners Capital Group will be providing consulting services in the areas of strategy, partnerships, joint ventures, large-scale alliances, customer acquisition, marketing, growth, financial, and mergers and acquisitions. The company focuses on small and mid-cap publicly traded companies, helping to ensure that the proper information flows to the media and the financial community.
"Partners Capital Group is a well-established and well-respected company with proven financial success and a history of working well with venture-backed companies like ours," said Power Technology CEO Lee Balak. "The company is also committed to building a long-term relationship with Power Technology to further assist in our growth and expansion."
"Power Technology has a unique business strategy that adheres to the vision of the Company's core competency," said Orlando Birbragher, President of Partners Capital Group. "We are looking forward to being the strategic catalyst that speeds up the process to deliver an order of magnitude improvement in shortening the time horizon to profitability. Power Technology has all the necessary ingredients to be a multi-million dollar company."
About Power Technology
Power Technology, Inc. (OTCBB:PWTC - News), a Nevada corporation, is engaged in the development of advanced battery technology. Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
About Partners Capital Group
Founded in 1993, Partners Capital Group (PCG) is a full financial and consulting services firm located in Miami, Florida. As an independent US Broker Dealer and Investment Bank, PCG offers their clients a full range of domestic and international products and services, analysts, comprehensive research, technology and access to experienced professionals. Partners is the consulting division of the PCG specializing in helping small and mid-size companies establish their images and build greater awareness through the dissemination of information to the media and the investment community. www.partnerscapitalgroup.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology, Inc. (the Company).
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Peter Holeczek, 800/632-6012
Power Technology Introduces a Strategic Business Transformation
LAS VEGAS--(BUSINESS WIRE)--Aug. 7, 2002--Power Technology Corporation (OTC BB: PWTC - News) announces a strategic business transformation. ADVERTISEMENT
After five years of developing advanced technology from patent to beta testing, Power Technology has laid the necessary ground work to make the transition from research and development to manufacturing and sales.
Power Technology will manufacture the advanced battery technology that has been incubated over the past years. Power Technology has invested significant ongoing resources to assess the changing business environment, identify competitive opportunities, and either capture or create those opportunities.
As part of their ongoing Strategic Plan, Power Technology will attempt to grow and enhance the value of their business through strategic acquisitions. In conjunction with one of the largest battery equipment providers and a fifty million plus automotive distribution group, Power Technology will enhance their ability to compete in the markets.
"Our approach is to focus on strategic key value drivers affected by shifting business paradigms with the aim of re-positioning the company and developing creative strategies to enhance sustainable shareholder value," said CEO Lee Balak.
"We have identified two companies that will open major market doors," stated Balak. "Our first proposed acquisition will be a specialized technology company that services major utility corporations. The company comes with over five million in booked business, over twenty major utility customers and expects to generate over nine million in sales in 2003. The proposed acquisition would result in positive cash flow almost immediately."
The Company's second acquisition target caters directly to the automotive world. The targeted company will provide an avenue for battery distribution. The slated product has already been endorsed by a major Fortune 100 company, which is assisting in the marketing and manufacturing efforts.
"Together with the proposed acquisitions and the shift into manufacturing the battery technology, Power Technologies has redirected their infrastructure to reflect the business transformation," said Balak. "This transformation then leads to the creation of clear competitive advantages within the industry which fuels further increased profits and asset utilization resulting in dramatic improvements in shareholder value."
About Power Technology
Power Technology Inc. (OTC BB: PWTC - News), a Nevada Corporation, is engaged in the development of advanced battery technology. Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology, Inc (the Company).
--------------------------------------------------------------------------------
Contact:
Power Technology to Acquire Leach Industries
LAS VEGAS--(BUSINESS WIRE)--Aug. 21, 2002--Power Technology (OTCBB:PWTC - News) announced a letter of intent to acquire Leach Industries,Inc., developer of the AMRON line of utility products. ADVERTISEMENT
This acquisition marks the beginning of a business transformation for Power Technology that will create a revenue model with positive cash flow.
Leach Industries, Inc., located in Macon, Georgia, is a pioneer in the automatic meter reading market, having operated as a developer and manufacturer of cost effective automation components for utility companies since 1995. The AMRON System is a powerful combination of specialized hardware and software combined to provide utilities with a complete low cost automation process for communicating automatic meter reading and outage notification. According to industry sources, there are over 121 million electric meters in the U.S. and less than 10% had been read remotely at the end of 2001.
The AMRON LITE is a patented, compact outage/restoration notification and meter reading device that conveniently plugs into an existing power receptacle and a telephone outlet. In conjunction with the device, Leach offers full call-center services, including data storage, outage/restoration statistics and third party outage/restoration notification.
Leach Industries has completed the development of a communication interface option board ( CIB ) to facilitate wireless communications with new, fully electronic meters. The CIB provides wireless retrieval of metered and other power data in real time. Leach also provides full meter data services via its AMRON Meter Management Portal ( AMMP ), making utility and customer billing data available via the internet as well as directly to utility billing systems.
Leach Industries, with its AMRON LITE product, has booked over $ 3 million in contract sales, has positive cash flow and is profitable. In addition, there are more than a dozen completed beta tests and new tests occurring with seventeen other major utilities who are potential users of the product.
Executives of both companies see this merger as an opportunity beneficial for growth and success. Completion of the merger is slated for late September.
Safe-Harbor Statement under the Private Securities reform Act of 1995: The statements contained herein that are not historical are considered, " forward looking," Such statements are subject to risks and uncertainties that could cause material difference from expected and real outcome of results.The company is subject to possible delays in either production or customer acceptance of the product. This information is anticipated to be correct but subject to risks of new technologies. Delays in testing and evaluation are always harmful to newly developing high tech companies.
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Lee Balak, 604/925-0716
Power Technology to Receive Funding
Thursday September 5, 12:57 am ET
LAS VEGAS--(BUSINESS WIRE)--Sept. 4, 2002--Power Technology (OTCBB:PWTC - News) announced that they have secured the necessary funding to proceed with the production process for their advanced battery technology.
This announcement comes after a thorough and complete test of the pre-production batteries by the Cattella Generics Test Lab in Stockholm, Sweden. Cattella Generics is a world-leading consultancy in the field of battery and fuel cell technology that provides testing and evaluations of performance in their state-of-the-art laboratories, www.cgr.se
Cattella Generics was very helpful for Power Technology to demonstrate its patents and as a result attracted third party investors to make substantial contributions and investments in the company's viable technology. The estimated cost to design and build the first set of tooling and manufacturing machinery will range between three million ($3,000,000) and five million ($5,000,000) dollars. The commitment for the funding comes from battery professionals who have acknowledged the superior technology of the structural aspects of the power battery.
Manufacturers and production tool designers have already begun the process of review for determining the cost for manufacturing the new battery. The company estimates that the battery beta testing testing program from full production equipment should take less than a year.
"We feel that the recent test results by the Cattella Test Lab continue to validate our strategic business and technology innovation," stated Lee Balak, CEO. "The results will help enhance the deployment of our advanced technology in specific market contexts. We view this validation as a market-related valuation benchmark for maximizing value on the realization of our investments to date in the company."
About Power Technology
Power Technology Inc. (OTCBB:PWTC - News), a Nevada Corporation, is engaged in the development of advanced battery technology. Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology, Inc (the Company).
--------------------------------------------------------------------------------
Contact:
Princeton Research, Inc.
Mike King, 702/650-3000
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Source: Power Technology Inc.
Scientific Staff
The Power Technology Scientific Team consists of a successful group of retired professionals, all of whom have come out of retirement to provide their expertise and experience in developing our innovative technologies. These men are all financially secure in retirement but were excited about the possibilities of developing an environmentally friendly battery and our other products.
Larry Bryant
Electronic Engineer
Larry Bryant, 57, is the company's project electronic engineer. He retired from the United States Air Force in 1978 after 20 years of service and numerous awards for technical abilities. As an expert in electronic and electromechanical technology, his last military assignment was an manager of a specialized research and prototype facility for quick response development of electronic, electromechanical and electro-optical devices for classified applications. After leaving the united States Air Force, Mr. Bryant was employed as a Senior Project Engineer for the Space Division of Emerson Electric of St. Louis, Missouri. At Emerson Electric he was involved in a number of projects related to the design and development of radar, microwave, and electro-optical infrared detection and ranging systems for military applications.
James Corbett
Electronics Engineer
Mr. Corbett has extensive background in developing electronic devices and broad experience in hands-on test programs. His primary focus will be the Self-Powered Water/Moisture Sensor, including developing and executing the test programs and creating the testing equipment and protocol to produce a marketable product.
Frank Farrell
Senior Chemical Engineer
Mr. Farrell has more than 50 years of multi-discipline engineering experience specializing in chemical, system, and consulting engineering. He has a strong background in solution-oriented research and development for science and in solving engineering problems with industrial and aerospace companies. His areas of expertise include general chemistry, electrochemistry, cryogenics, powder and open cell metallurgy, polymer science and technology, electronics, photolithography, integrated circuitry, solar energy, thermoelectricity, water analysis and treatment, propellants, biomedical, diagnostics, and laboratory equipment and protocol. Following 5 years in the Army Engineering Corps, Mr. Farrell worked and/or consulted for Linde Air Products Company, Bakelite Company, Union Carbide Plastics, Aerojet General Corporation, Grand Central Rocket Company, Rocket Power of Gabriel Corporation, Astropower of Tally Industries, Lockheed Propulsion Company, General Fluidice Corporation, and Westgate Research Corporation. Mr. Farrell holds a bachelor's degree in science from Rutgers University in New Jersey.
Ernest Rogers, Ph.D.
Engineer
Dr. Rogers has 30-plus years of experience in research and product development, especially using computational analysis for solving practical problems relating to physics and chemistry. He has used computer modeling to develop rotating machines--an automobile transmission, a centrifuge for cleaning up oil spills in water, and wind turbines. He has used mathematics and computer analysis to achieve advances in chemistry, such as improved formulas for rocket propellants, and to predict movement of contaminants in the environment. In recent years he consulted with various companies across the U.S. to improve their products and manufacturing processes. Dr. Rogers was Senior Engineer at Thiokol Inc. (space shuttle solid fuel rocket motor program), Division Manager and Director of Engineering for the Energy Division of Felt Products Company, Chief Engineer on a Department of Energy project for wind turbine development, Staff Scientist at Aerojet Nuclear Corporation (reactor safety research), and Guest Scientist at the National Bureau of Standards (research into high-energy rocket fuels). Dr. Rogers holds a B.S. in physics and chemistry from Fresno State University, and a Ph.D. in physics from the University of Utah (high-pressure physics). He is the author of a number of U.S. patents and several published articles.
Charles Warn
Chief Chemical Engineer
Charles "Chuck" Warn, 70, is the chief chemical engineer for the project. He has over forty years of experience in development and project engineering and design expertise in a variety of different disciplines. His past experience includes working with General Motors and Parker-Hannifin with high performance aircraft fuel systems, life support systems and extravehicular activity systems for all spacecraft through Apollo 11 with Airesearch and Rockwell International, and developing and testing detector and diagnostic equipment with EG & G Inc. Specific experience to Power Technology includes project engineering oversight of silver-oxide batteries for spacecraft, mining equipment battery system procurement engineering, battery evaluation for down-hole testing at the Nevada Test Site, development of line-replaceable units for the space shuttle (including energy storage systems), and evaluation of the future of high-energy flywheels compared to storage batteries.
PWTC Current Collector Plate
look at products in website
http://www.powertechnologyonline.com/R1T3products.html
I have to admit. Today I picked up another 6200 shares.
.17 was too good to pass up.
The last 22,000 have all been at ask. EOM
Hi Trainz.
I wish I knew whats going on. I would have to agree with mlf and dfh on the selling. I hope its over.
logman
Sure does look like the right people were testing the battery!
logman
Nice PR. today! That one has some beef.
Thanks hasher!
Nice to see some new names on the board and all the old ones.
Nice board people.
Hoping for good times soon!
Best to all, logman
Good choice everyone. dfh should have it.
What is Magnetic-pulse forming?
Magnetic-pulse forming was a popular manufacturing method before the advent of deep-draw presses. Now the technique has been restructured for construction and repair of pipelines. In its simplest version, the procedure calls for a conductive sleeve to be placed over the ends of two less-conductive pipes to be joined. A capacitor-fired conductive coil put over the sleeve induces a powerful but very short-lived current in the sleeve. The resulting radially directed magnetic field in the sleeve causes it to contract over the pipe ends.
The Magnetic Pulse Forming Process and History
The magnetic pulse forming process is a revolutionary technique that is used to fuse or bond metals. The technology has been used successfully in the past by the major automotive manufacturers to couple the U-joint with the drive shaft of an automobile. Conventional welding methods are not suitable for this application because of the necessity for this bond to be true and balanced.
State of Current Technology
The current state of technology for joining pipelines, whether it is for natural gas, oil, water or waste transmission, has not seen major technological improvement in many years. Essentially it takes 4 different steps to weld a single joint in the field. What is not widely known is that there is a simple process that will create a leak proof seam in one easy step, replacing the current system at a fraction of the cost.
Alvin A. Snaper feels that the time has come for the development of this technology. He has been engaged in scientific research and development of products and processes for over thirty years. His well known inventions include the IBM Selectric type ball, Tang and the NASA Apollo Photo-pack. In addition to these, he has been awarded approximately six hundred other patents, many for significant industrial products and processes.
What are the benefits?
The technique is extremely beneficial in oil drilling operations where well-casing segments have to be threaded together. Welding large-diameter oil and gas pipes is very hazardous and threading them together is difficult and time consuming. This new method of cold pipe joining uses a very safe and exceptionally efficient magnetic pulse to join abutting pipes.
Today, all industrialized countries in the world are building pipelines to carry such commodities as natural gas, oil and water. The present method of joining the pipe sections is with a conventional welding process that is very time consuming, expensive and relatively unreliable. The magnetic pulse forming process is a proven technology that could be applied to such an application with the proper research, development,and marketing program.
Competitive Advantage
The existing system of pipeline construction universally uses welding. Welding requires a labor-intensive crew of skilled, certified (high paid) welders. After welding, inspection of the joint by magneflux, ultrasonics and x-ray are required by law to certify the weld joint, the quality of which is wholly dependent upon the skill of the welder. This system eliminates the human skill factor, reduces the labor costs and can eliminate post-joining inspection requirements. It is anticipated that once field experience is gained, inspection regulations can be changed to reflect this new technology.
Magnetic pulse joining can provide an advanced and cost effective method of joining or repairing pipe sections for industries such as natural gas, oil, gasoline, water, sewage and chemical. The process reduces the cost and dangers of open flame or arc welding and produces joints without heating (which can alter the temper or crystalline properties of the pipe material). The potential of reducing the cost of post joining inspection alone will be a significant factor.
Technology Status
During the Proof of Principle procedure a number of pipes have been joined and thoroughly pressure tested. The initial results were outstanding. Proof of principle has been established on pipe sections in 2", 4" and 8" diameter. In the case of the 2" pipe, the required break strength for commercial use is 2100 psi. Our joint was tested at a Minnesota University and held up to pressures of 3500 psi. The Milwaukee School of Engineering also performed a proof of pressure evaluation on the magnetic formed pipe joints. The sample was exposed to a static pressure differential of 2500 psi for five (5) minutes. During that time the unit was examined for signs of leakage and none were detected.
The Opportunity
This is a well-researched Magnetic Pulse Joining technology used by General Motors and Ford for joining of small parts. To date this technology has not been used by anyone for application on a much larger scale. Alvin Snaper, one of the United States most prolific and successful inventors has completed the proof of principle and has in place the necessary patent. This process will eliminate the current 4-step pipeline welding process by replacing it with a one step, high quality, and extremely cost effective system.
The Business Potential
Current costs of welding a single 36" joint under average conditions, between two 80-foot sections of pipe in the field are approximately $1300.00 per weld joint. This estimate has been verified by three (3) separate sources within the pipeline welding industry. The average contractor can weld about 100 joints per day manually when all 4 welding crews are working at a standard pace. At $1300.00 per joint, this is an average cost per day of $130,000.00 and per month (30 working days/month for this type of work) a cost of $3,900,000.00. The 3 pipeline experts we spoke to estimate that even a 50% savings in welding time with this new technology would only translate to a 25% savings in pipe laydown time because the welding process is only one of several factors that affect pipe lay speed.
The main factor that presents a bottleneck for throughput is the terrain the pipeline must pass through, with rocky terrain presenting more of a bottleneck to production, and soft prairie terrain presenting virtually no bottlenecks, resulting in greater speeds of pipe lay down. Therefore we will assume 25% savings in production time for good terrain and none for difficult terrain. A one step joining process that yielded a 25% savings over a 4 step welding process, would provide savings of $3,900,000.00 x 0.25 or $975,000.00 per month to the contractor. In addition, this process of Magnetic Pulse Joining will eliminate the currently costly procedure of using the Alignment tool, which costs in excess of $40,000 per month (including back-up unit). The quality and type of joint applied will also eliminate the need to x-ray the pipe. It is important to note that the pipeline industry has proven itself willing to add new technology for welding techniques even if the technology only increases reliability and quality of the welded joints, without any improvements to the speed of welding. This process, in addition to consistently maintaining a quality joint, does so at a substantially reduced cost.
Other Industrial Applications
The above calculations are with respect to oil pipelines only. There are a whole host of industrial applications where welding of diameters smaller than pipelines and yet larger than small auto parts is required. All of these situations could benefit from this new technology. To date, no research has been done in these areas.
Now put this PR together with the "The Sensory Alloy"
Power Technology to Acquire Leach Industries
LAS VEGAS--(BUSINESS WIRE)--Aug. 21, 2002--Power Technology (OTCBB:PWTC - News) announced a letter of intent to acquire
Leach Industries,Inc., developer of the AMRON line of utility products.
This acquisition marks the beginning of a business transformation for Power Technology that will create a revenue model with positive cash
flow.
Leach Industries, Inc., located in Macon, Georgia, is a pioneer in the automatic meter reading market, having operated as a developer and
manufacturer of cost effective automation components for utility companies since 1995. The AMRON System is a powerful combination of
specialized hardware and software combined to provide utilities with a complete low cost automation process for communicating automatic
meter reading and outage notification. According to industry sources, there are over 121 million electric meters in the U.S. and less than 10%
had been read remotely at the end of 2001.
The AMRON LITE is a patented, compact outage/restoration notification and meter reading device that conveniently plugs into an existing
power receptacle and a telephone outlet. In conjunction with the device, Leach offers full call-center services, including data storage,
outage/restoration statistics and third party outage/restoration notification.
Leach Industries has completed the development of a communication interface option board ( CIB ) to facilitate wireless communications with
new, fully electronic meters. The CIB provides wireless retrieval of metered and other power data in real time. Leach also provides full meter
data services via its AMRON Meter Management Portal ( AMMP ), making utility and customer billing data available via the internet as well
as directly to utility billing systems.
Leach Industries, with its AMRON LITE product, has booked over $ 3 million in contract sales, has positive cash flow and is profitable. In
addition, there are more than a dozen completed beta tests and new tests occurring with seventeen other major utilities who are potential users
of the product.
Executives of both companies see this merger as an opportunity beneficial for growth and success. Completion of the merger is slated for late
September.
Safe-Harbor Statement under the Private Securities reform Act of 1995: The statements contained herein that are not historical are
considered, " forward looking," Such statements are subject to risks and uncertainties that could cause material difference from expected and
real outcome of results.The company is subject to possible delays in either production or customer acceptance of the product. This
information is anticipated to be correct but subject to risks of new technologies. Delays in testing and evaluation are always harmful to newly
developing high tech companies.
Sensory Alloy
The Sensory Alloy is a special metal alloy that produces an electric charge
on contact with water. Wherever the detection of water or aqueous media
is required, the alloy offers a simple, low cost, long life solution.
Alloy sensing technology is applicable to the measurement of aqueous
media in areas such as fuel, oil, and water tanks as well as other metal
products, such as oil and natural gas pipelines.
It is capable of producing .75 volts, a charge sufficient to trigger an alarm
system. For this reason, this alloy has value in monitoring leaks in a
commercial roof, basement, ship's hold, or anywhere else that moisture
must be monitored to prevent damage to expensive property or
equipment.
This technology can be operated as a battery in very low voltage
applications.
Power Technology, Inc. acquired this patent in June of 1998, and is
offering commercial licenses for this product.
Here is what the Current PWTC Collector Plate looks like compared to the typical plate.
http://www.powertechnologyonline.com/R1T3products.html
Thanks hasher.
Tell me what I need to know to be an Assistant.
This is a great board!
Best to all, logman
3 buys so far and we are up .04. Good start to the month.
Have a good day everyone I have to go to work.
Best to all, logman
DD Thanks to Birdy
PWTC D.D. Page "Reincarnated" slightly.
PWTC Investor Summary DD ( Slightly Revised 02/02/02)
PWTC Web Page
http://www.powerpwtc.com
Pipelink Web Page
http://www.pipelinkonline.com
Recent Pipelink News
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29023
Pipelink Patent
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/neta...
Who Is Alvin Snaper?
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=6975
Alvin Snaper Links
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10878
Re-Inventing Mr. Edison's Battery
http://www.ragingbull.com./mboard/boards.cgi?board=PWTC&read=8356
Why Buy PWTC? (Upgraded)...By Caradoc
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6970
Why Buy PWTC?... By Logman
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13735
PWTC Is Not Just Batteries
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10716
Pipeline Joining Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15574
Alloy Sensor & Grain Drying Technology
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15575
The News Is Out To Hundreds Of Media
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12695
Website Devoted To Unsubstantiated Rumours...by Hasher5
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3519
Company News
Power Technology Announces Test Results
http://biz.yahoo.com/bw/000921/nv_power_t.html
A New Partner 9/13/00
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11395
Annual Shareholders Meeting...Announcement of Construction of Battery Based on New Patented Structure
http://biz.yahoo.com/bw/000706/nv_power_t.html
PWTC Awarded Patent #6,060,198 For New Electrochemical Battery Structure
http://biz.yahoo.com/bw/000515/nv_power_t_2.html
Dr. Ulf Lindquister appointed V.P. of Business Development
http://biz.yahoo.com/bw/000508/nv_power_t_1.html
B.C. Research Indendent Testing Services
http://biz.yahoo.com/bw/000501/nv_power_t_1.html
35 Million Dollar Equity Line
http://biz.yahoo.com/bw/000417/nv_power_t_1.html
Other PWTC Patents
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3583
11/11/98 Interview with President of Power Tecnology Lee Balak
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9284
CEOcast Interview Transcript
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=12422
The PWTC Plan
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10718
Post By Lolabito
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=16063
Post By Awin55
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11175
Posts By Caradoc
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14330
Posts By EdFrank
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13826
Posts By Geostar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11167
Posts By Gulfbreeze
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14229
Posts By JohnnyAngel
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13841
Posts By Juuleseaar
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13910
Posts By Kmby
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=15373
Posts By LateFreight
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14286
Posts By Mee
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14284
Posts By Oris52
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13765
Posts By Plantman2
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12763
Posts By RegGuheert WHAT AN ADDITION TO US!!!!!
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8268
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12471
TheRooster: A man with a vision
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11150
Posts By RF4C
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=13866
Posts By Shining Light
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11174
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=11173
Some Related Articles
Electric Bikes/ Electric Cars
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9195
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9181
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8272
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=3435
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8399
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=8409
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=6689
Honda Insight Hybrid Car
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=10775
PWTC Certified Shareholders
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=13744
The OBC (Old Bulls Club + A Few Choice Females)
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14656
Research Site
http://www.wallstreetcity.com
Research Page
http://www.ragingbull.com/mboard/boards.cgi?board=PWTC&read=9285
PWTC Chart
http://www.askresearch.com/cgi-bin/chart?
Last Ten Trades
http://host.cnbc.com/jetson/Last_n_Trades.html
Amex Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12465
Nasdaq Requirements
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=12466
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11161
INVESTMENT ARTICLES
Really Negative News Or Is That Positive News?
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=11318
Psychology of Investing
http://www.smallcapdigest.com/geist1.html
The Psychology of Corrections
http://www.smallcapdigest.com/geist4.html
Patience (On Not Being Able To Wait)
http://www.smallcapdigest.com/geist7.html
Avoiding Psychological Mistakes In Micro-Investing
http://www.smallcapdigest.com/geist2.html
Talking With Management
http://www.smallcapdigest.com/geist3.html
The Ups And Downs Of Investing
http://www.ragingbull.com/mboard/boards.cgi?board=TMSS&read=491
Are You Sick Or Depressed? Birdy's Food Answer!
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=PWTC&read=14105
Please visit the hungersite every day
http://www.thehungersite.com/
"Our thoughts and imaginations, the only real limits to our possibilities."
"Only those who risk going too far can possibly know how far one can go." T.S. Eliot
"Change must come from within." Hasher
http://ragingbull.lycos.com/mboard/boards.cgi?board=PWTC&read=29306
Power Technology to Acquire Leach Industries
LAS VEGAS--(BUSINESS WIRE)--Aug. 21, 2002--Power Technology (OTCBB:PWTC - News) announced a letter of intent to acquire Leach Industries,Inc., developer of the AMRON line of utility products.
This acquisition marks the beginning of a business transformation for Power Technology that will create a revenue model with positive cash flow.
Leach Industries, Inc., located in Macon, Georgia, is a pioneer in the automatic meter reading market, having operated as a developer and manufacturer of cost effective automation components for utility companies since 1995. The AMRON System is a powerful combination of specialized hardware and software combined to provide utilities with a complete low cost automation process for communicating automatic meter reading and outage notification. According to industry sources, there are over 121 million electric meters in the U.S. and less than 10% had been read remotely at the end of 2001.
The AMRON LITE is a patented, compact outage/restoration notification and meter reading device that conveniently plugs into an existing power receptacle and a telephone outlet. In conjunction with the device, Leach offers full call-center services, including data storage, outage/restoration statistics and third party outage/restoration notification.
Leach Industries has completed the development of a communication interface option board ( CIB ) to facilitate wireless communications with new, fully electronic meters. The CIB provides wireless retrieval of metered and other power data in real time. Leach also provides full meter data services via its AMRON Meter Management Portal ( AMMP ), making utility and customer billing data available via the internet as well as directly to utility billing systems.
Leach Industries, with its AMRON LITE product, has booked over $ 3 million in contract sales, has positive cash flow and is profitable. In addition, there are more than a dozen completed beta tests and new tests occurring with seventeen other major utilities who are potential users of the product.
Executives of both companies see this merger as an opportunity beneficial for growth and success. Completion of the merger is slated for late September.
Safe-Harbor Statement under the Private Securities reform Act of 1995: The statements contained herein that are not historical are considered, " forward looking," Such statements are subject to risks and uncertainties that could cause material difference from expected and real outcome of results.The company is subject to possible delays in either production or customer acceptance of the product. This information is anticipated to be correct but subject to risks of new technologies. Delays in testing and evaluation are always harmful to newly developing high tech companies.
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Lee Balak, 604/925-0716
Email this story - Most-emailed articles
Power Technology Introduces a Strategic Business Transformation
LAS VEGAS--(BUSINESS WIRE)--Aug. 7, 2002--Power Technology Corporation (OTC BB: PWTC - News) announces a strategic business transformation.
After five years of developing advanced technology from patent to beta testing, Power Technology has laid the necessary ground work to make the transition from research and development to manufacturing and sales.
Power Technology will manufacture the advanced battery technology that has been incubated over the past years. Power Technology has invested significant ongoing resources to assess the changing business environment, identify competitive opportunities, and either capture or create those opportunities.
As part of their ongoing Strategic Plan, Power Technology will attempt to grow and enhance the value of their business through strategic acquisitions. In conjunction with one of the largest battery equipment providers and a fifty million plus automotive distribution group, Power Technology will enhance their ability to compete in the markets.
"Our approach is to focus on strategic key value drivers affected by shifting business paradigms with the aim of re-positioning the company and developing creative strategies to enhance sustainable shareholder value," said CEO Lee Balak.
"We have identified two companies that will open major market doors," stated Balak. "Our first proposed acquisition will be a specialized technology company that services major utility corporations. The company comes with over five million in booked business, over twenty major utility customers and expects to generate over nine million in sales in 2003. The proposed acquisition would result in positive cash flow almost immediately."
The Company's second acquisition target caters directly to the automotive world. The targeted company will provide an avenue for battery distribution. The slated product has already been endorsed by a major Fortune 100 company, which is assisting in the marketing and manufacturing efforts.
"Together with the proposed acquisitions and the shift into manufacturing the battery technology, Power Technologies has redirected their infrastructure to reflect the business transformation," said Balak. "This transformation then leads to the creation of clear competitive advantages within the industry which fuels further increased profits and asset utilization resulting in dramatic improvements in shareholder value."
About Power Technology
Power Technology Inc. (OTC BB: PWTC - News), a Nevada Corporation, is engaged in the development of advanced battery technology. Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology, Inc (the Company).
--------------------------------------------------------------------------------
Contact:
Princeton Research, Inc.
Mike King, 702/650-3000
Power Technology, Inc. Retains Partners Capital Group to Accelerate Growth Strategies
LAS VEGAS--(BUSINESS WIRE)--July 17, 2002--Power Technology, Inc. (OTCBB:PWTC - News) announced today that it has engaged the services of Partners Capital Group, of Miami, Florida, to accelerate the Company's aggressive growth strategies.
Partners Capital Group will be providing consulting services in the areas of strategy, partnerships, joint ventures, large-scale alliances, customer acquisition, marketing, growth, financial, and mergers and acquisitions. The company focuses on small and mid-cap publicly traded companies, helping to ensure that the proper information flows to the media and the financial community.
"Partners Capital Group is a well-established and well-respected company with proven financial success and a history of working well with venture-backed companies like ours," said Power Technology CEO Lee Balak. "The company is also committed to building a long-term relationship with Power Technology to further assist in our growth and expansion."
"Power Technology has a unique business strategy that adheres to the vision of the Company's core competency," said Orlando Birbragher, President of Partners Capital Group. "We are looking forward to being the strategic catalyst that speeds up the process to deliver an order of magnitude improvement in shortening the time horizon to profitability. Power Technology has all the necessary ingredients to be a multi-million dollar company."
About Power Technology
Power Technology, Inc. (OTCBB:PWTC - News), a Nevada corporation, is engaged in the development of advanced battery technology. Power Technology, Inc. holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide. www.powerpwtc.com.
About Partners Capital Group
Founded in 1993, Partners Capital Group (PCG) is a full financial and consulting services firm located in Miami, Florida. As an independent US Broker Dealer and Investment Bank, PCG offers their clients a full range of domestic and international products and services, analysts, comprehensive research, technology and access to experienced professionals. Partners is the consulting division of the PCG specializing in helping small and mid-size companies establish their images and build greater awareness through the dissemination of information to the media and the investment community. www.partnerscapitalgroup.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of Power Technology, Inc. (the Company).
--------------------------------------------------------------------------------
Contact:
Power Technology, Inc.
Peter Holeczek, 800/632-6012
or
Princeton Research, Inc.
Mike King, 877/377-9427