Energy & Technology, Corp., PKA Technical Industries & Energy, Corp. Retains KPMG to Lead FTZ (Foreign Trade Zone) Permit
02 Novembre 2010 - 3:50PM
Marketwired
Energy & Technology, Corp. ("Energy & Technology" or the
"Company") (OTCBB: ENGT), a provider of equipment and services for
the oil and gas industry, announced today that the Company had
selected international auditing firm KPMG to assist the Company in
meeting the requirements to establish a Foreign Trade Zone at its
Houston, Texas facility. KPMG has started the initial feasibility
analysis with the formal application to follow.
The establishment of a Foreign Trade Zone is expected to produce
a substantial increase in the Company's ability to sell to overseas
markets, and make the Company a far more attractive distribution
partner for foreign manufacturers.
To be added to the Energy & Technology, Corp. Investor email
list, please email chrisjohnson@engt.com.
About Energy & Technology, Corp.
As the holding company of Technical Industries, Inc., Energy
Pipe, LLC. and Energy Technology MFG & Threading LLC., Energy
& Technology, Corp. (OTCBB: ENGT) is a single source for rig,
integrated systems, down hole tools, OCTG tubing and casing,
linepipe, drillpipe, drilling tools and supply chain solutions.
ENGT provides a comprehensive drilling system for parts, down hole
tools, engineering, non-destructive testing, storage, maintenance
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, 2009 and other
documents filed by ENGT with the SEC.
For additional information, contact Chris Johnson 337-984-2000
chrisjohnson@engt.com
Energy and Technology (PK) (USOTC:ENGT)
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