Nuytco Research Ltd. To Test Power Technology Prototype
Battery For Submarine Applications
HOUSTON, TEXAS – BUSINESS WIRE
- April 11, 2005
Web Site Power Technology (PWTC: OTCBB)
announced today that Nuytco Research Ltd. of Vancouver, British Columbia, (http://www.nuytco.com)
a manufacturer of submersibles, has asked Power Technology to design and provide
it with deep cycle, AGM prototype batteries for testing in its submersibles.
Mike Reay, Engineering Technologist of Nuytco Research Ltd., stated: “The
magnitude of the performance increase of the Power Technology battery over conventional
lead-acid batteries is stunning. The increase in energy capacity is a huge advantage
for submarine applications. We want to install and test the Power Technology
prototypes as soon as they are available.”
Bernard J. Walter, Chairman and CEO
of Power Technology added: “Nuytco Research Ltd. is a world leader in
the development and operation of undersea technology and we are honored that
have asked us to design and produce a prototype battery for this application.
We look forward to Nuytco’s involvement in the testing and development
of our battery.”
About Power Technology, Inc. –
Power Technology, Inc. is a Research and Development Company that is engaged
in activities regarding alternative battery technology using patented, ultra
light materials with significantly less weight and less lead content than conventional
batteries. The Company is in the early stages of commercializing its battery
technology, and intends to introduce its batteries for sale in 2005.
About Nuytco Research Ltd. British
Columbia based Nuytoc designs, builds, and operates atmospheric diving suits,
submersibles, remotely operated vehicles, HMI lights and other specialty equipment
for underwater applications. Nuytco is best known for the DeepWorker class of
2000 foot depth-rated micro submersibles, in both single pilot and pilot and
passenger configurations. DeepWorkers have been used all over the world for
scientific, survey, construction, oilfield, tourism, film and photographic work.
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