HOUSTON, Sept. 6 /PRNewswire-FirstCall/ -- Particle
Drilling Technologies, Inc. (Nasdaq:
PDRT -
News) today
announced that it has appointed Computershare Trust Company,
Inc. to serve as the company's transfer agent and registrar
for its common stock. Effective September 2, 2005, all
inquiries and correspondence regarding Particle Drilling
Technologies common stock relating to stockholder records,
transfer of shares, lost certificates, or change of address
should be directed to Computershare.
Computershare is a leading financial market services and
technology provider for the global securities industry.
Computershare manages more than 60 million shareholder
accounts for over 7,000 corporations. Operating on five
continents, Computershare provides services and solutions to
listed companies, investors, employees, exchanges and other
financial institutions.
Particle Drilling Technologies, Inc., headquartered in
Houston, Texas, is a development stage oilfield service and
technology company owning certain patents and pending patents
related to the Particle Impact Drilling technology. The
Company's technology is designed to enhance the rate-of-
penetration function in the drilling process, particularly in
hard rock drilling environments.
Certain statements in this press release that are not
historical but are forward-looking are subject to known and
unknown risks and uncertainties, which may cause PDTI's actual
results in future periods to be materially different from any
future performance that may be suggested in this press
release. Such risks and uncertainties may include, but are not
limited to, PDTI's ability to raise equity capital, if
necessary, and its ability to obtain equity financing on
acceptable terms, if at all, a severe worldwide slowdown in
the energy services sector and working capital constraints.
Further, PDTI is a development stage company that operates in
an industry sector where securities values are highly volatile
and may be influenced by economic and other factors beyond
PDTI's control such as announcements by competitors and
service providers.
| Telephone Inquiries: |
1-303-262-0600 |
| Website: |
http://www.computershare.com/ |
| Email Address: |
DenTeam2@computershare.com |
| Address: |
Computershare Trust Company, Inc. 350
Indiana Street, Suite 800 Golden CO
80401 |
Contacts:
J. Chris
Boswell, SVP & CFO
Particle Drilling Technologies,
Inc.
713-223-3031 ext. 204.
Ken Dennard, Managing Partner
Jack Lascar, Partner
DRG&E / 713-529-6600