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Microcap & Penny Stocks : Power Technologies, Inc. (PWTC - 3.75) -- Ignore unavailable to you. Want to Upgrade?

To: code a lot who wrote (145)	5/11/1999 9:16:00 AM
From: Investor Communications Co	Respond to of 366

POWER TECHNOLOGY RETAINS AMERICAN FIRST CAPITAL TO EVALUATE JOINT VENTURE OFFERS FOR IMMEDIATE RELEASE May 11, 1999 LAS VEGAS -- POWER TECHNOLOGY, INC. (OTC BB: PWTC) announced today that it has hired the investment banking firm American First Capital of Miami, Florida to represent Power in special equity financing, mergers, and strategic relationships needed to promulgate Power Technology's growth. American First Capital and its affiliated parties have extensive investment banking experience and have in the past arranged for financing, mergers and acquisitions in excess of seven billion dollars. The Company is currently involved in active discussions with two significant strategic relationships and has completed definitive documentation for these joint ventures that will role out its technology in many worldwide markets. "We are extremely excited to utilize the experience and knowledge American First Capital has to offer. Under the guidance of American First Capital, we plan to command the maxim value of our technology and enhance our shareholder's equity," stated Lee Balak, President of Power Technology. Power Technology, Inc. is a Las Vegas-based technology development company, which holds several patents in the power generation and power storage fields, and is working to provide innovative and practical technology solutions for commercial, government and industrial applications worldwide. 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. Power Technology, Inc. is quoted on the OTC Bulletin Board as "PWTC" ### For Investor Information Contact: Investor Communications Co. (888) 345-0434 or (800) 457-4874 iccinfo.com For Product Information Contact: Seaway Trading (562) 983-8107