BTJ Bolt Technology Corp

Bolt Technology Corporation (AMEX:BTJ) today announced that it has been included in the Fortune Small Business magazine's list of America's 100 Fastest-Growing Small Companies as reported in the July/August 2006 issue. The Company also announced that it was selected for inclusion in the Russell Microcap Index when Russell Investment Group reconstituted its family of U.S. Indexes on June 30, 2006. The Russell Microcap Index is one of the measures institutional equity managers use to follow stock performance. Raymond M. Soto, Bolt's chairman, president and CEO, commented, "Recognition by Fortune Small Business magazine and the Russell family of U.S. indexes are significant achievements for our Company and reflect the recent strong growth in our revenues and earnings." Mr. Soto added, "We currently anticipate reporting the financial results for our fourth quarter and fiscal year which ended on June 30, 2006 on or about August 22, 2006." Bolt Technology Corporation is a leading worldwide developer and manufacturer of seismic energy sources and underwater connectors used in the offshore seismic exploration for oil and gas. Bolt also designs, manufactures and sells precision miniature industrial clutches, brakes and electric motors.