Power Technology Subsidiary Sentry Power Announces New Distribution Agreements for Backup Power Systems
Posted on: Wednesday, 24 May 2006, 18:00 CDT
Alternative energy company, Power Technology Inc. (OTCBB: PWTC) announced today that its newly acquired backup power subsidiary, Sentry Power Technology, has signed three new distribution and sales agreements for the Sentry Power systems. Sentry Power Technology Systems will now be sold by Shore Electric in Lewes, Del., Bay Ace Hardware in eastern Maryland with two locations, and Warehouse Battery Outlet in Bucks County, Pa.
Bob Magyar, president of Sentry Power Technology, said, "These new authorized dealer agreements will allow us to penetrate new markets for our backup power systems in the upcoming hurricane season. We are impressed with their standards of customer care, and their proactive marketing of backup power solutions to their customers. Summer electrical brownouts and the recent projections of more storm activity in the northeast United States, make backup power supplies more critical than ever. Our systems are designed for those business owners and residential customers who rely on running essential equipment in their offices and homes, but who either cannot or will not use gasoline fed generators."
About Power Technology and Sentry Power Technology: Installed indoors, the Sentry Power system is quiet, produces clean office and/or household power, is completely automatic, transferring backup power demand onto the batteries in less then 20 milliseconds, and then returns primary power demand back to the utility when power is restored. Battery charging is fully automatic with the systems requiring minimal monthly operating costs. To learn more, visit the company at www.sentrypowertechnology.com.
Power Technology Inc. is an alternative energy research and development company engaged in activities regarding alternative battery technology using materials with up to 50% less weight and significantly less lead content than conventional batteries. The company is in the early stages of commercializing its technology, and has designed equipment and systems to manufacture its patent pending batteries.
Please visit our Web site at www.PWTCBATTERY.com for more information or call the company directly at 713-621-4310.
All forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Power Technology Inc. (PWTC) may differ materially from these statements due to a number of factors. PWTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Source: Business Wire
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