Power Technology Announces Correction to Press Release Dates 7-20-11

Power Technology, Inc. (Pink Sheets: PWTC), announces that the appointment of Kara Guire as CEO will not officially take place until next week. Due to a processing error with the State of Nevada the Company will need to resubmit the articles of amendment and anticipates this change officially taking place early to mid next week.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.