SOURCE: Energy & Technology, Corp.

Energy & Technology, Corp.

July 18, 2011 09:30 ET

Energy & Technology, Corp., Subsidiary Technical Industries, Inc. VisonArray Deep Well Technology Achieved Great Exposure at American Petroleum Institute Summer Conference

LAFAYETTE, LA--(Marketwire - Jul 18, 2011) - Energy & Technology, Corp. or the "Company" (OTCBB: ENGT) announced that its subsidiary Technical Industries, Inc. VisonArray technology achieved great exposure at the API (American Petroleum Institute) Summer conference in San Francisco. Technical Industries, Inc. was proven to be the only company currently capable of providing the inspection technology needed in order to help avoid disasters such as BP Macando in the Gulf of Mexico. The technology includes 3D wall mapping of the Wall Thickness and Outside Diameter of drill-pipes, OCTG, and oilfield pipes in order to simulate the stressors of the pipe, which is needed to reduce risk and safely reach badly needed deep energy reserves.

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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 technology and essential commodities provider including main source for rig, integrated systems, down hole tools, OCTG, 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.

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