Power Technology, Inc. Issued Patent to Its Core Battery Technology
HOUSTON, June 14, 2006 (PRIMEZONE) -- Alternative energy company Power Technology, Inc. (OTCBB:PWTC) announced today that it has been issued a United States Patent for its core battery technology.
Bernard J. Walter, Chairman and CEO of Power Technology, commented, "We are delighted that the United States Patent & Trademark Office has issued us United States Patent US 7,060,391 B2, which allows us to pursue the commercialization of our technology with intellectual property protection. We are proud to be developing and protecting our unique deep cycle battery technology to serve as an alternative energy resource for many uses, including battery powered bicycles, hybrid vehicles, electric vehicles and solar energy."
The Power Technology invention is a battery comprised of electrical current collectors constructed of reticulated vitreous carbon, covered with a thin layer of a lead tin alloy. The current collectors create up to four times higher surface area for electrochemical reactions to take place, compared to those in a typical lead acid battery, which results in a battery with higher efficiency and higher capacity, meaning more electricity is stored and delivered. Joey Jung, Chief Technology Officer of Power Technology, is an inventor and developer of the technology.
About Power Technology: Power Technology, Inc. is a Research and Development Company engaged in activities regarding alternative battery technology using materials with up to 50% less weight and significantly less lead content than conventional batteries. The Company is in the early stages of commercializing its technology, and has designed equipment and systems to manufacture its patent pending batteries.
