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Correction of a Press Release on July 17 Where Power Technology Inc. Retains Partners Capital Group to Accelerate Growth Strategies.


Business Editors

LAS VEGAS--(BUSINESS WIRE)--Aug. 23, 2002

Power Technology Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: PWTC PWTC Putra World Trade Centre (Kuala Lumpur, Malaysia)
PWTC Positioning and Wireless Technology Centre
) announced today that it has engaged the services of Partners Capital Group, of Miami, to accelerate the company's aggressive growth strategies.

In reference to the paragraph in the previous release that describes Partners Capital Group's business, the following clarifies and is intended to rescind the previous information.

About Partners Capital Group

Partners Capital Group (PCG PCG

phonocardiogram.
) is a complete financial consulting service Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 firm located in Miami. PCG offers their domestic and international corporate clients a full range of advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, including debt restructure, M & A integration advice, business analysis, comprehensive research and access to experienced professionals.

PCG specializes in helping small- and mid-sized companies establish a solid financial structure. PCG is not registered as a broker dealer under the Securities and Exchange Act of 1934, as amended.

Safe-Harbor Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

This information is not a recommendation to buy or sell securities of Power Technology Inc. (the company).
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Correction of a Press Release on July 17 Where Power Technology Inc.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 23, 2002
Words:247
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