ELGT Receives 'Tech Titan Fast 50 Award' DALLAS, Aug. 25 /PRNewswire-FirstCall/ -- Electric & Gas Technology, Inc. (OTC:ELGT) (BULLETIN BOARD: ELGT) today announced that it was honored by the Metroplex Technology Business Council (MTBC) at this year's presentation of the Tech Titan Awards Gala, held August 20 at the Charles W. Eisemann Center for the Performing Arts in Richardson, Texas. More than 700 people attended the event. Tech Titans is the area's most prestigious award for excellence in technology. The Tech Titan Fast 50 awards annually recognize the fifty fastest growing technology companies in the Dallas/Fort Worth Metroplex. Judges are drawn from a variety of disciplines in technology, leaders in the area, and past winners. Tech Titans honors companies and individuals that develop or use technology in a unique and innovative way. Dan Zimmerman, President and CEO of ELGT, said, "Receiving this award was certainly a landmark event for ELGT. We want to thank all the members of the MTBC not only for honoring us with this award, but also for the incredible amount of hard work devoted to the selection process and the planning and execution of this magnificent event" Mr. Zimmerman added, "I'm very proud of all our people at ELGT. It was their efforts during difficult economic time that made winning this award possible. We have set a goal for ourselves to be a repeat award winner and member of the Titan Fast 50." Electric & Gas Technology, Inc. (ELGT) is a publicly traded holding company that, through its subsidiaries, operates in three main areas, utility product solutions, pure water production, and contract manufacturing. This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, which represents the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof and the adequacy of future operations to provide sufficient liquidity. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) the price- sensitive nature of product demand, (iii) the Company's dependence upon favorable pricing from its suppliers and (iv) other risks indicated herein and in filings with the SEC. DATASOURCE: Electric & Gas Technology, Inc. CONTACT: Sandie Reeves of Electric & Gas Technology, Inc., +1-469-429-5298

Copyright