(PRWEB) May 22, 2005
PST has its eyes set for a third quarter 2005 listing date and/or a premium buyout. PST has been in discussions with investment bankers and other investment groups over the past few months and has reviewed several offers. Management is confident that future listing decisions will be according to the companyÂs strategic plan.
The public markets have greatly favored security related companies in the past two years. According to HSRC the Global Security Market is expected to grow to more than $170 Billion by 2015. The Security Sector is poised to do what the technology sector did in the 1990Âs and PST plans to participate in the sectorÂs upside.
About the Company:
PST Ltd. is a global security and technology firm covering the oil & gas industry. The company has offices in the major oil producing regions around the world. PST is an international firm built by veteran oil industry engineers and provides vital technologies to the oil & gas industry. By developing and licensing cutting edge technologies, PST delivers a cost effective solution for securing infrastructure facilities such as oil pipelines, gas pipelines, oil exploration facilities, oil refineries, nuclear power plants, electrical power plants, water treatment plants and government facilities.
The statements in this press release that relate to the company's expectations with regard to the future impact on the company results from new products in development and forward-looking statements. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
This press release contains forward looking statements. In particular, when used in the preceding discussion, the words "plans", "confident that", "believe", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any forward-looking statements.