PST announces the IR928 Leak Detection System --Re-release

The IR928 is a Predictive Maintenance System that will be available to the Oil & Gas industry to monitor machinery, equipment and pipes.

January 28, 2005 -- PST is announcing the launch of the Ultra High-Performance Portable Infrared Thermal Camera for Oil & Gas leak detection. The IR928 is a Predictive Maintenance System that will be available to the Oil & Gas industry to monitor machinery, equipment and pipes. The system uses full color thermal imaging to detect leakage and features an automatic alarm that is triggered when dangerous temperatures are breached. The IR928 provides an early warning system. This system delivers unmatched temperature measurement accuracy. High thermal sensitivity allows for detailed high-resolution, distortion-free images. "Our customer's safety is of the utmost importance. Not only does the IR928 protect billions of dollars worth of machinery, but it also saves lives; before a costly and dangerous malfunction occurs, such as cracking or leakage." stated Mr. Woolman, President PST Ltd. Oil & Gas equipment operate under enormous stress, which when not monitored properly, can cause serious harm, both to employees and machinery. By installing this system, facility owners will benefit from decreased downtime and a longer life span for their existing equipment. The IR928 utilizes European Amorphous Silicon Microbolometer FPA detector technology. The IR928 can transmit live video to a safe distance of 600 meters, thereby protecting the systems operator.

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's results from new products in development are 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.

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