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 RECEIVES NASDAQ ELIGIBILITY NOTIFICATION

Houston - February 18, 2009 Particle Drilling Technologies, Inc. (NASDAQ: PDRT) (the "Company") today announced that it received a notification letter from The Nasdaq Stock Market ("Nasdaq") on February 17, 2009, indicating that the Company, as of December 31, 2008, was not currently in compliance with Marketplace Rule 4310(c)(3), which requires the Company to have a minimum of $2.5 million in stockholders' equity or $35 million market value of listed securities or $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. The Company is not currently in compliance with any of these requirements.

The Company has been notified that Nasdaq is reviewing its eligibility for continued listing on Nasdaq. In order to facilitate the review, the Company is required to provide Nasdaq on or before March 4, 2009, a specific plan to achieve and sustain compliance with all of Nasdaq's listing requirements, including the timeframe for the completion of the plan. The Company has advised Nasdaq that it is working diligently to provide an equity compliance plan in order to regain compliance with Nasdaq continued listing standards and maintain its Nasdaq listing.

Upon receipt of the Company's equity compliance plan, Nasdaq will determine if the Company's plan adequately addresses the issues noted. If the Nasdaq staff determines that the Company's plan does not adequately address the issues noted, Nasdaq will provide written notification that the Company's securities will be delisted. At that time, the Company will be permitted to appeal Nasdaq's determination to a Listing Qualifications Panel. The time period for Nasdaq's review, notification, and potential appeal process is unknown.

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.

Safe Harbor Statement
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 need to raise equity capital 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 the ability of PDTI to successfully complete any strategic alternative. 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:
Jason Davis, VP & interim CFO
Particle Drilling Technologies, Inc.
713-223-3031

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