PST in trouble...

[LKunze]

Press Release

September 14, 2005
PST-Scuba to Relocate Production Facility & Extend D.O.T. Exemption for Steel Diving Cylinders


PST-Scuba announced today that the relocation of their production facility is well under way. Final movement of manufacturing equipment is scheduled for the First Quarter of 2006.

Both manufacturing facilities and administrative offices are being relocated to a City of Milwaukee location. Details of the move, including new address and other contact information, will be made public in the coming months.

PST-Scuba acknowledged that the relocation has taken longer than initially planned, in part due to the complexity of moving large equipment used to produce their highly popular E-Series steel diving cylinders. The Company apologized for interim production delays, which have caused a shortage in their diving cylinder supply.

PST-Scuba also reported that extension of their Department of Transportation (D.O.T.) Exemption 9791 is also in progress, with extension anticipated in January 2006. The Company fully expects their extension request will be approved by the D.O.T., well in advance of the January 2006 expiration date.