Permanent Technologies hires fully integrated tool maker and injection molding company to provide product development support for the enhanced design of TineLok Fastening System

Permanent Technologies (PINKSHEETS: PERT.PK) announced today they have further refined the design of the TineLok Vibration Proof Fastening System based on customer feedback.

As part of the updated manufacturing plan, the Company engaged Aztec Tool, an experienced manufacturing, product design and plastic injection molding company located in Edgewood, New York.

Aztec Tool Company, established in 1977, provides product development, injection molds and molded products for the cosmetic, medical, packaging, electronic and industrial fields.

"We’re pleased to have found a local manufacturing resource with the deep experience of Aztec Tool,” said Pierre Dionne, President of Permanent Technologies. "Their ability to fabricate prototypes, build injection molds and produce complex injection molding, all under one roof, makes Aztec an integral part of our enhanced product development.”

"Aztec has been an invaluable resource as we position TineLok for additional military applications and for high vibration applications in aerospace, automotive, industrial and other markets.”

Stewart Swiss, CEO of Aztec Tool Company said, "Our commitment is to supply products, tooling and services that exceed our customer’s expectations. We are pleased to have an opportunity to work on TineLok with Permanent Technologies.”

About Permanent Technologies, Inc.

Permanent Technologies is the inventor and manufacturer of the award winning TineLok Fastening System – a family of fasteners that are designed to hold tight in the most demanding, extreme and harshest conditions, environments and applications.

The TineLok Fastening System’s vibration-proof, self-locking technology is an affordable alternative to traditional fasteners when increased safety, reliability, operating life and reduced maintenance is desired or required.

The Company has been granted numerous patents both in the U.S. and internationally for the TineLok technology. For more information, please visit www.TineLok.com.

Forward Looking Statements:

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.

This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.