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To: marketbrief.com who wrote (2840)6/26/1998 7:25:00 PM
From: Investor Communications Co  Read Replies (1) | Respond to of 5827
 
New Battery Company

Power Technology Granted Foreign Filing License

For Investor Information Contact:
Investor Communications Co.
(888) 345-0434 or (800) 457-4874
Seaway Trading
(562) 983-8107

June 25, 1998

POWER TECHNOLOGY, INC. GRANTED FOREIGN FILING LICENSE

Las Vegas -- POWER TECHNOLOGY, Inc. (OTC BB: PWTC), a Las Vegas technology
development company, has been notified by the Patent and Trademark Office
of the United States Department of Commerce that its foreign filing license
was granted as of June 12, 1998 for its "Electrochemical Battery Structure
and Method" pursuant to its patent pending filing number 09/087,604. This
protection will allow Power Technology, Inc. to negotiate with various
manufacturers throughout the world to produce its battery without
compromising its intellectual property.

The Company's patent attorney noted that the filing was issued very quickly
and has given the Company a green light to proceed with international
negotiations. Power Technology, Inc. expects a significant portion of its
sales to come from overseas purchases in non-petroleum producing countries
seeking environmentally friendly alternatives to gas and diesel powered
methods of transport.

Power Technology's team of scientists is now perfecting the battery
prototype in their Las Vegas laboratory. The Company's revolutionary
electrode structure, which is made of a completely non-toxic alloy,
increases the electrochemically active surface area within a battery up to
1,000 times.

Power Technology is poised to capitalize on its invention that provides a
practical solution to the Federal mandate which calls for considerably more
zero emission vehicles to be in the marketplace than are on the highway
today. This technology will allow production of a battery that is
substantially lighter than a conventional lead-acid battery, has a quicker
recharge rate, is cost-effective to manufacture, and is environmentally
friendly. This proprietary technology can provide approximately twice the
power of a similar weight lead-acid battery, and can be used wherever a
conventional battery is used. The unique structure of the battery allows
for the use of a non-toxic metal alloy and non-toxic, non-hazardous
electrolyte.

Certain statements in this news release may constitute "forward looking"
statements within the meaning of section 21E of the Securities Exchange Act
of 1934. Such forward-looking statements involve risks, uncertainties, and
other factors which may cause the actual results, performance, or
achievement expressed or implied by such forward-looking statements to
differ.
###
For further information contact:

Investor Communications Company
iccinfo.com