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Particle Drilling Technologies Announces Third Fiscal Quarter 2007 Financial Results and Conference Call Schedule

Posted on: Tuesday, 7 August 2007, 09:16 CDT

HOUSTON, July 24 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. announced today plans to release its third fiscal quarter 2007 financial results on Tuesday, August 7, 2007 after the market closes. In conjunction with the release, Particle Drilling Technologies has scheduled a conference call, which will be broadcast live over the Internet on Wednesday, August 8, 2007 at 10:00 a.m. eastern time (9:00 a.m. central). The Company plans to provide an operations update and a review of the quarterly results.

What: Particle Drilling Technologies, Inc. Third Fiscal Quarter Conference Call When: August 8, 2007 - 10:00 a.m. eastern time Where: Live via phone by dialing 303-275-2170 and asking for the Particle Drilling call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Particle Drilling website, http://www.particledrilling.com/, on the "Investor Relations" section of the site

A telephonic replay of the conference call will be available through August 15, 2007 and may be accessed by calling 303-590-3000 and using passcode 11093939. A web cast archive will also be available at http://www.particledrilling.com/, on the "Investor Relations" section of the Company's website, shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529- 6600 or email dmw@drg-e.com.

About Particle Drilling Technologies, Inc.

Particle Drilling Technologies, Inc. is a development-stage oilfield service and technology company commercializing its patented and patent-pending Particle Impact Drilling system. The Company's technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard-rock environments. It is headquartered in Houston, Texas. For more information, visit: http://www.particledrilling.com/.

Contacts: J. Chris Boswell, SVP & CFO Particle Drilling Technologies, Inc. 713-223-3031 ext. 2085 Ken Dennard, Managing Partner Jack Lascar, Partner DRG&E / 713-529-6600

Particle Drilling Technologies, Inc.

CONTACT: J. Chris Boswell, SVP & CFO of Particle Drilling Technologies,Inc., +1-713-223-3031 ext. 2085; or Ken Dennard, Managing Partner, or JackLascar, Partner, both of DRG&E, +1-713-529-6600, for Particle DrillingTechnologies, Inc.

Web site: http://www.particledrilling.com/


Source: PRNewswire-FirstCall

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