Particle Drilling Technologies, Inc.  



PDTI's proprietary fixed-cutter bit and nozzle system capable of delivering 650 GPM of mud/shot slurry.

PARTICLE DRILLING TECHNOLOGIES ANNOUNCES FISCAL THIRD QUARTER 2008 FINANCIAL RESULTS AND CONFERENCE CALL SCHEDULE

Houston - July 22, 2008 – Particle Drilling Technologies, Inc. (NASDAQ: PDRT) announced today plans to release its fiscal third quarter 2008 financial results on Thursday, August 7, 2008 after the market closes. In conjunction with the release, Particle Drilling Technologies has scheduled a conference call, which will be broadcast live over the Internet on Friday, August 8, 2008 at 11:00 a.m. eastern time (10:00 a.m. central). The Company plans to provide an operations update and a review of the quarterly results.

at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Particle Drilling website, www.particledrilling.com, on the "Investor Relations" section of the site
What:Particle Drilling Technologies, Inc. Fiscal Third Quarter 2008 Conference Call
When:August 8, 2008 – 11:00 a.m. eastern time
Where:Live via phone by dialing 303-262-2055 and asking for the Particle Drilling call

A telephonic replay of the conference call will be available through August 15, 2008 and may be accessed by calling 303-590-3000 and using passcode 11117708#. A web cast archive will also be available at www.particledrilling.com, on the "Investor Relations" section of the Company’s website, shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drge.com.

About Particle Drilling Technologies, Inc.
Particle Drilling Technologies, Inc. (NASDAQ: PDRT) is a development-stage oilfield service and technology company commercializing its patented and patent-pending Particle Impact Drilling system. The company’s technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard-rock environments. It is headquartered in Houston, Texas. For more information, visit: www.particledrilling.com.

Contacts:
J. Chris Boswell, SVP & CFO
Particle Drilling Technologies, Inc.
713-223-3031

Jack Lascar / Sheila Stuewe
DRG&E / 713-529-6600