Power Technology Inc. (OTCPK:PWTC) acquired Klastech Karpushko Laser Technology GmbH from Triangle Fund IV managed by Triangle Venture Capital Group Management GmbH on January 30, 2013. Nicolas Gabrysch, Konstantin Ewald, Joachim Breithaupt, Thomas Schnabel and Benjamin Monheim of Osborne Clarke acted as legal advisors to Triangle Venture Capital Group Management GmbH. Carl J. Erhardt and Stephanie Steele of Morris, Manning & Martin, LLP acted as legal advisors to Triangle Venture Capital Group Management GmbH. Sean Rosario and Florian Stamm of Smith, Gambrell & Russell, LLP acted as legal advisors to Power Technology Inc.

Power Technology Inc. (OTCPK:PWTC) completed the acquisition of Klastech Karpushko Laser Technology GmbH from Triangle Fund IV managed by Triangle Venture Capital Group Management GmbH on January 30, 2013.