6 Month Chart RAiDAR alerts Learn More About RAiDAR-LT 02/09/2009 (03:47 ET) Pinnacle Digest: Patriot Energy Sparks Interest From One Of North America's Largest Online Investment Groups - M2 Communications 02/06/2009 (09:22 ET) Patriot Energy Corporation: Exclusive USA Distributorship Sets the Stage for Massive Revenue - Market Wire 02/06/2009 (09:22 ET) Patriot Energy Corporation: Exclusive USA Distributorship Sets the Stage for Massive Revenue - Marketwire Canada 02/05/2009 (03:42 ET) Pinnacle Digest: Patriot Energy Sparks Interest From One Of North America's Largest Online Investment Groups - M2 Communications 02/04/2009 (17:11 ET) CORRECTION FROM SOURCE: Patriot Energy Corporation: H2O Oxygenator System to Replace Catalytic Converter as a Viable Solution against Global Warming - Market Wire 02/04/2009 (17:11 ET) CORRECTION FROM SOURCE: Patriot Energy Corporation: H2O Oxygenator System to Replace Catalytic Converter as a Viable Solution against Global Warming - Marketwire Canada 02/04/2009 (16:00 ET) H2O Oxygenator Technology Receives Worldwide Recognition - Marketwire Canada 02/04/2009 (16:00 ET) H2O Oxygenator Technology Receives Worldwide Recognition - Market Wire 02/03/2009 (09:00 ET) H2O Oxygenator Technology Receives Worldwide Recognition - Market Wire 02/03/2009 (09:00 ET) H2O Oxygenator Technology Receives Worldwide Recognition - Marketwire Canada 02/02/2009 (11:41 ET) Stockwire.com: Patriot Energy Corporation (PINK SHEETS:PGYC) just released some important news. - M2 Communications 02/02/2009 (11:24 ET) Stockwire.com: Patriot Energy Corporation (PINK SHEETS: PGYC) just released some important news. - M2 Communications 02/02/2009 (09:00 ET) Patriot Energy Corporation: H2O Oxygenator System Recommended by the United Nations Trade & Development Agency - Market Wire 02/02/2009 (03:44 ET) Pinnacle Digest: Patriot Energy Sparks Interest From One Of North America's Largest Online Investment Groups - M2 Communications 01/30/2009 (12:00 ET) Patriot Energy Corporation Taps Into $225 Billion Dollar Market - Market Wire 01/30/2009 (12:00 ET) Patriot Energy Corporation Taps Into $225 Billion Dollar Market - Marketwire Canada 12/17/2008 (09:30 ET) Patriot Energy Corporation Acquires Exclusive License From Tectane Technologies Corporation - Market Wire 12/17/2008 (09:30 ET) Patriot Energy Corporation Acquires Exclusive License From Tectane Technologies Corporation - Marketwire Canada 10/23/2008 (09:00 ET) Patriot Energy Corporation Appoints New President and CEO - Market Wire 10/23/2008 (09:00 ET) Patriot Energy Corporation Appoints New President and CEO - Marketwire Canada 10/01/2008 (13:10 ET) Patriot Energy's Subsidiary, TelTeck to Market Vending Machine Solution - Market Wire 10/01/2008 (13:10 ET) Patriot Energy's Subsidiary, TelTeck to Market Vending Machine Solution - Marketwire Canada 09/29/2008 (09:45 ET) Patriot Energy Corporation Announces the Birth of TelTeck-H2O Professional Cycling Team - Market Wire 09/29/2008 (09:45 ET) Patriot Energy Corporation Announces the Birth of TelTeck-H2O Professional Cycling Team - Marketwire Canada 08/27/2008 (13:30 ET) Patriot Energy Corporation Announces Funding of $500,000 and Secures Joint Venture for Production of Units - Marketwire Canada
company profile Patriot Energy Corp is engaged in the energy business. ... MORE INFO
CONTACT: Thomas P. Tatham (CB/CEO) Patriot Energy Corp. 4400 Post Oak Parkway Suite 1600, FIVE POST OAK PARK Houston, TX 77027 P: (713) 621-3996 F: (713) 224-7574
Industry: Energy SIC: 1382 Employees: 15 Locations: 1
State of Inc: DELAWARE 1989 Development Stage? Transfer Agent: BNY Mellon Shareholder Services Pittsburgh, PA 15252
MANAGEMENT & INSIDERS: Kenneth L Hamilton, VP/TR/AT SEC Dennis Kunetka, SR VP/CFO/CAO/SEC Thomas Tatham, CB/CEO Harvey O. Fleisher, SR VP/ Kenneth E. Beeney, DIR Don W. Wilson, DIR Lehman Brothers Holdings, Inc., BO
MONTREAL, CANADA -- (Marketwire) -- 02/06/09 -- Patriot Energy Corporation's (PINK SHEETS: PGYC) signing of the exclusive license agreement for the USA with Tectane Technologies could potentially generate billions of dollars. Presently, there are approximately 205 million vehicles in circulation in the United States of America. Based on a US$500 retail price, the total US market has the potential for $102 billion in retail sales for the H2O Oxygenator System.
Patriot Energy Corporation will immediately put into action a strategy to capture 5% of the total US market for the H2O Oxygenator System. With the capturing of 5% market share through the distribution of the H2O Oxygenator System the retail sales would total $500 million. Patriot Energy Corporation plans to channel the H2O global warming solution through their US distributors and expects to generate 90 million in retail sales in the first five years of their strategy.
The H2O Oxygenator System is effective, cost efficient and proven through the EPA and SAE (Environmental Protection Agency/Society of Automotive Engineers) to drastically reduce CO2 emissions. Patriot Energy Corporation believes that the integration of the H2O Oxygenator System on motor vehicles will have an immediate impact in reducing global warming.
For more information on TECTANE and its Technologies, please visit the company's website at www.tectane.com and view the documentary on the company and its technologies.
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contacts: Momentum IR Max Gagne 514-913-0351 877-253-7001
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