PST Targets Listing or Buyout for the Third Quarter
PST has its eyes set for a third quarter 2005 listing date and/or a premium buyout. PST has been in discussions with investment bankers and other investment groups over the past few months and has reviewed several offers.
(PRWEB) May 22, 2005 -- PST has its eyes set for a third quarter 2005 listing
date and/or a premium buyout. PST has been in discussions with investment
bankers and other investment groups over the past few months and has reviewed
several offers. Management is confident that future listing decisions will be
according to the company’s strategic plan.
The public markets have
greatly favored security related companies in the past two years. According to
HSRC the Global Security Market is expected to grow to more than $170 Billion by
2015. The Security Sector is poised to do what the technology sector did in the
1990’s and PST plans to participate in the sector’s upside.
About the
Company:
PST Ltd. is a global security and technology firm covering the oil
& gas industry. The company has offices in the major oil producing regions
around the world. PST is an international firm built by veteran oil industry
engineers and provides vital technologies to the oil & gas industry. By
developing and licensing cutting edge technologies, PST delivers a cost
effective solution for securing infrastructure facilities such as oil pipelines,
gas pipelines, oil exploration facilities, oil refineries, nuclear power plants,
electrical power plants, water treatment plants and government facilities.
The statements in this press release that relate to the company's
expectations with regard to the future impact on the company results from new
products in development and forward-looking statements. Since this information
may contain statements that involve risk and uncertainties and are subject to
change at any time, the company's actual results may differ materially from
expected results.
This press release contains forward looking
statements. In particular, when used in the preceding discussion, the words
"plans", "confident that", "believe", "expect", or "intend to", and similar
conditional expressions are intended to identify forward-looking statements.
Such statements are subject to certain risks and uncertainties and actual
results could differ materially from those expressed in any forward-looking
statements.
Contact:
Public Relations
+31203012105
e-mail
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PST LTD.
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Source : http://www.prweb.com/releases/2005/5/prweb242911.htm