Particle Drilling Technologies Announces Fiscal Third Quarter 2008 Financial Results...

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Tue Jul 22, 2008 7:01am EDT

Particle Drilling Technologies Announces Fiscal Third Quarter 2008 Financial
Results and Conference Call Schedule

HOUSTON, July 22 /PRNewswire-FirstCall/ -- Particle Drilling Technologies,
Inc. (Nasdaq: PDRT) announced today plans to release its fiscal third quarter
2008 financial results on Thursday, August 7, 2008 after the market closes.
In conjunction with the release, Particle Drilling Technologies has scheduled
a conference call, which will be broadcast live over the Internet on Friday,
August 8, 2008 at 11:00 a.m. eastern time (10:00 a.m. central). The Company
plans to provide an operations update and a review of the quarterly results.
    What:    Particle Drilling Technologies, Inc. Fiscal Third Quarter 2008
             Conference Call
    When:    August 8, 2008 - 11:00 a.m. eastern time
    Where:   Live via phone by dialing 303-262-2055 and asking for the
             Particle Drilling call at least 10 minutes prior to the start
             time. Investors may also listen to the conference live on the
             Particle Drilling website, www.particledrilling.com, on the
             "Investor Relations" section of the site

    A telephonic replay of the conference call will be available through
August 15, 2008 and may be accessed by calling 303-590-3000 and using passcode
11117708#.  A web cast archive will also be available at
www.particledrilling.com, on the "Investor Relations" section of the Company's
website, shortly after the call and will be accessible for approximately 90
days. For more information, please contact Donna Washburn at DRG&E at 713-529-
6600 or email dmw@drg-e.com.
    About Particle Drilling Technologies, Inc.
    Particle Drilling Technologies, Inc. (Nasdaq: PDRT) is a development-stage
oilfield service and technology company commercializing its patented and
patent-pending Particle Impact Drilling system. The Company's technology is
designed to enhance the rate-of-penetration function in the drilling process,
particularly in hard-rock environments. It is headquartered in Houston, Texas.
For more information, visit: www.particledrilling.com.
    Contacts:  J. Chris Boswell, SVP & CFO
               Particle Drilling Technologies, Inc.
               713-223-3031

               Jack Lascar/Sheila Stuewe
               DRG&E / 713-529-6600

SOURCE  Particle Drilling Technologies, Inc.

J. Chris Boswell, SVP & CFO of Particle Drilling Technologies, Inc.,
+1-713-223-3031; or Jack Lascar|Sheila Stuewe of DRG&E, +1-713-529-6600
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