Particle Drilling Technologies to Present at
the Tejas Securities Group Investment Conference
HOUSTON, Sept. 12 /PRNewswire-FirstCall/ -- Particle
Drilling Technologies, Inc. (Nasdaq: PDRT) today announced
that the Company will be presenting at the Tejas Securities
Group, Inc. Investment Conference to be held at the Rainbow
Room at 30 Rockefeller Plaza in New York City on September 13,
2005.
J. Chris Boswell, Particle Drilling's Chief Financial
Officer will present the Company on Tuesday, September 13,
2005 at 2:45pm Eastern Daylight Time. A copy of the
presentation will be available on the Company's website at /
immediately prior to the presentation.
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.
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
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