Pressure Tech Regulatory News (PRES)

4 Feb 2009 07:00



AGM STATEMENT 2009

At today's Annual General Meeting of Pressure Technologies plc the Chairman will report that trading results for the current year to date are in line with market expectations. 

For further information, please contact:

Pressure Technologies plc  Tel: 0114 242 7500

John Hayward, Chief Executive  www.pressuretechnologies.co.uk

James Lister, Group Finance Director

Rawlings Financial PR Limited Tel: 01653 618 016

Catriona Valentine www.rawlingsfinancial.co.uk

Keeley Clarke

Brewin Dolphin Investment Banking Tel: 0845 213 4730

Neil Baldwin

Sean Wyndham-Quin

Company description:

Pressure Technologies is the holding company for Chesterfield Special Cylinders Limited ("CSC"). CSC designs, manufactures and offers retesting and refurbishment services for a range of speciality high pressure, seamless steel gas cylinders for global energy and defence markets. The business has been conducted under the "Chesterfield" brand which is a long established name in the cylinders and specialised pressure vessel market.

Chesterfield BioGas, an operating division of Pressure Technologies, formed in November 2008 following the signing of a co-operation agreement with Greenlane® Biogas Limited, the world leader in biogas upgrading from raw biogas to vehicle quality fuel, gives Pressure Technologies exclusive rights to market Greenlane® equipment in the UK and Eire. Chesterfield BioGas will provide turnkey solutions for the cleaning, storage and dispensing of biomethane, produced from waste water treatment and anaerobic digestion of organic waste.