Energy & Technology Corp. group of companies, which includes Technical Industries, Inc., Energy Pipe, LLC, and Highland Energy Threading, LLC (“ENGT” or the “Company”) (OTCBB: ENGT.OB) announced today positive operating results for the quarter ended June 30, 2009. ENGT is a provider of equipment and services for the oil and gas industry.

2009 YTD Operational Highlights:

- Inspection Revenues up 79% from first half of 2008

- Louisiana Abbeville Airport facility is now operational

ENGT has seen revenues in its oil and gas pipe inspection and services division increase substantially over the past six months, despite the industry as a whole suffering from rig counts that are down over 50% from last year. This additional business has helped to lower overall cost of revenue and make up for a decline in pipe sales.

“Results like this show the importance of diversification in our business lines,” said Director of Business Development, Chris Johnson. “As we continue to expand our services, we are making ENGT very attractive to our customers through our one-stop-shop concept.”

ENGT’s new Abbeville Airport, Louisiana facility will help better serve that market. Additionally, an expansion to the Houston facility is well underway.

Operating Results

ENGT’s gross revenue for the first six month of 2009 was $4.7 million, and the cost of revenue was $2.2 million. The Company showed an increase of 114% in NDT (non-destructive testing) inspection and other services and no sales of oil and gas pipe and equipment.

ENGT showed an increase in depreciation and amortization expense for the six months ended June 30, 2009 compared to the six months ended June 30, 2008. This was primarily due to equipment purchased and placed in service in the second half of 2008 and first quarter of 2009 as the Company continues the expansion of its Abbeville Airport, Louisiana and Houston, Texas facilities.

Based on 10,000,000 outstanding shares, Energy & Technology Corp. had earnings exceeding $0.03 per share for the second quarter of 2009. Based on 10,000,000 outstanding shares, earnings for the first half of 2009 were $0.084 per share.

To be added to the Energy & Technology, Corp. investor email list, please email chrisjohnson@engt.com.

About Energy & Technology Corp.

As the holding company for Technical Industries, Inc., Energy Pipe, LLC and Energy Threading, Energy & Technology Corp. (OTC BB: ENGT.OB) is a single source for rig, integrated systems, down hole tools, OCTG tubing and casing, line pipe, drill pipe, drilling tools and supply chain solutions. ENGT provides a comprehensive drilling system for parts, down hole tools, non-destructive testing, storage and other products and services. To learn more about ENGT visit: www.engt.com.

SAFE HARBOR STATEMENT

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Investors are urged to read the Annual Report on Form 10-K for the year ended December 31, 2008 and other documents filed by ENGT with the SEC.

For additional information, contact Chris Johnson at 337-984-2000 chrisjohnson@engt.com.

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