Advanced Battery Technologies, Inc. Successfully Manufactures Nanometer Battery for the World's First Electric "NanoPower" Scooter10 September 2006
Advanced Battery Technologies, Inc. (OTCBB: ABAT), a developer and manufacturer of rechargeable Polymer-Lithium-Ion (PLI) batteries, announced today that the Company successfully manufactured a nanometer battery for the world's first "nanopower" electric scooter. Aiyingsi Co., Ltd., a Taiwan-based manufacturer of scooters, motorcycles, and cars, contracted with Advance Battery to develop, test and produce a reliable nanometer battery for Aiyingsi's new electric scooter. The Zhong Qiang Institute of Research, based in Harbin, China, performed a 25 day continuous running test on the scooter and the test results showed the scooter could consistently maintain speeds of up to 18.75 miles/hour with a range of 28 miles per charge; the new "nanopower" battery only took 15 minutes to fully re-charge. The scooter employs a pack of nanometer battery cells of 5.8 Ah, 2.2 V. with a capacity equal to or greater than 720W/L and the cycle life equal to or greater than 4,000 times. The new nanometer battery was also tested extensively for safety using piercing, puncturing and pressure squeezing; the battery did not catch fire or explode. The Company believes this battery technology breakthrough is another important milestone in their product line for a growing "alternative energy" market. Highlighted Links Advanced Battery Technologies About Advanced Battery Technologies, Inc. Advanced Battery Technologies, Inc. founded in September 2002, develops, manufactures, and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. The Company's products include PLI batteries for electric vehicles, mine-use lamps, cell phones, notebook computers, and other personal electronic devices. The Company's batteries combine high-energy chemistry with state of the art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries. The PLI battery for use in all-electric vehicles is developed using the Company's proprietary technologies. The Company's R&D and manufacturing facilities are located in China and it maintains an office in New York City. For more information about Advanced Battery Technologies, Inc. please visit www.zqpt.com Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks and uncertainties include, without limitation, risks that products as manufactured are not accepted in a mass market. We undertake no obligation to revise or update publicly any forward-looking statements. Contact: Murdock Capital Partners LLC. Luis Mejia Phone:(212) 421-2545 SOURCE: Advanced Battery Technologies, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
|