Patriot Energy Corporation
PINK SHEETS : PGYC

Patriot Energy Corporation

February 25, 2009 09:00 ET

Patriot Energy, Positioned to Dramatically Reduce America's Dependence on Foreign Oil

MONTREAL, QUEBEC--(Marketwire - Feb. 25, 2009) - Patriot Energy Corp. (PINK SHEETS:PGYC) announced today that it is repositioning its business to deliver environmentally friendly and fuel efficient technologies, which can immediately help reduce America's dependence on Foreign Oil by up to 40%.

According to the company, its new product, the H2O Oxygenator System is scheduled to be release to the market pending the publishing of the test results from the independent laboratory expected towards the end of March 2009. Patriot's technology has evolved from research and development in automobile racing and their need to improve horse power consumption efficiency.

"We know our claims are sometimes difficult to believe by non industry people and thus the reason to have the results independently verified" said Tony Bisante, President and CEO of Patriot Energy Corp. "We are very proud that this technology will result in dramatic reduction in dependence on foreign oil and our name has never been more meaningful than today" further added Mr. Bisante.

The stock price of Patriot Energy has really been damaged by the recent market condition and by the malicious selling by former corporate partners. The company expects the stock to be back to its initial value once the company does receive positive results from the independent labs and releases its product to the market. It should also be noted that Patriot Energy's stock is down from its initial high of $0.95 per share in August 2007.

About Patriot Energy Corp.

Patriot Energy Corp. is a management holding corporation, which owns a wholly owned subsidiary named Telteck Solutions and owns a 99 year exclusive leased license agreement with Tectane Technologies Corporation for the Dual H2O Engine Oxygenator and New Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot Energy specializes in the development and marketing of energy efficient technologies with a focus on reducing America's dependence on Foreign Oil.

Total Shares Outstanding (fully diluted): 193,500,000

http://patriotenergycorporation.com

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Momentum IR
    Max Gagne
    514-913-0351
    877-253-7001