Particle Drilling Technologies Added to the
Russell Microcap Index
HOUSTON, June 30 /PRNewswire-FirstCall/ -- Particle
Drilling Technologies, Inc. (Nasdaq: PDRT) today announced
that it has been added to the Russell Microcap Index, which is
being reconstituted today, June 30, 2006.
The Russell Microcap Index measures performance of the
microcap segment, representing less than 3% of the U.S. equity
market. The Russell Microcap Index includes the smallest 1,000
securities in the small-cap Russell 2000(R) Index plus the
next 1,000 securities.
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, working capital constraints and
other risks described in PDTI's filings with the SEC. 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. 2085
Ken Dennard, Managing Partner
Jack Lascar, Partner
DRG&E / 713-529-6600 | 
