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77 Percent of Power Technology Shareholders Vote for New Share Authorization
Thursday February 22, 5:30 pm ET


HOUSTON, Feb. 22, 2007 (PRIME NEWSWIRE) -- Alternative energy company Power Technology (OTC BB:PWTC.OB - News) reported today that 77% of all shareholders voted for the authorization of up to 750 million shares of the company's common stock. Additionally, the shareholders approved and ratified all share issuances in excess of 100 million shares which were previously authorized by the Board of Directors of Power Technology, Inc.
Chairman and CEO Bernard J. Walter stated ``The affirmative vote of over three quarters of our shareholders at this special meeting allows us to focus our efforts on bringing our technology to market. I would personally like to thank our shareholders for their overwhelming support at this special meeting.''

About Power Technology -- Power Technology, Inc. (OTC BB:PWTC.OB - News) is an alternative energy Research and Development Company engaged in activities regarding alternative battery technology using patent-pending, ultra light materials with up to 50% less weight and significantly less lead content than conventional batteries. The Company is in the early stages of commercializing its battery technology and has built equipment and systems to manufacture its proprietary electrodes for its patented batteries. Please visit our website at http://www.PWTCBATTERY.com for more information.