Joey Jung Named Chief Technology Officer of Power Technology, Inc

Power Technology, Inc. (OTCBB: PWTC) announced today that Joey Jung, Co-inventor of the Companys patented battery technology, has become a full time employee of the Company and has been named Chief Technology Officer. Mr. Jungs responsibilities include the design of the manufacturing components, the specifications, and the material requirements for the manufacturing and commercialization of Power Technologys unique green" low lead battery technology.

HOUSTON, TX (PRWEB) November 18, 2004 -- Bernard J. Walter, CEO of Power Technology stated Joeys outstanding credentials as a Master of Applied Science in Chemical Engineering, a Professional Engineer, his years of experience as a Senior Research Scientist for Fuel Cell and Battery Technology, and a co-inventor of our Patented Battery make him the perfect candidate to bring our technology to market. We are delighted and grateful he has joined the Company and believe he will accelerate the time to market for our batteries."

About Power Technology, Inc.
Power Technology, Inc. is a research and development company that is engaged in activities regarding alternative battery technology which use patented, ultra light materials that have up to 50% less weight and 90% less lead content of conventional batteries while delivery 200% more energy efficiency. The Company is in the early stages of commercializing its battery technology to serve the $14 billion industrial battery market.

This press release includes projections of future results and forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the Exchange Act"). All statements included in this press release, other that statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations are disclosed in this Press Release. While Power Technology, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Power Technology, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Power Technology, Inc.'s filings with the Securities and Exchange Commission.

Contact: Power Technology, Inc.                                                
Bernard J. Walter                        
Chief Executive Officer
713-621-4310
www.PWTCBattery.com

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