C&D Technologies Inc. Launches 'C-LINE Classic' High-Performance Motive Battery16 February 2006
C&D Technologies, Inc. (NYSE: CHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, industrial and motive applications announced today that it has delivered its first "C-LINE Classic(TM)" Motive Power battery. The C-Line is C&D's cornerstone product offering for Motive Power customers, representing the premium battery system in the industry with outstanding robustness and reliability, and superior power performance. "Every customer I have visited since taking on the responsibility for all Motive Power sales last August, has talked about our C-Line battery and what the distinctive orange color meant to them in terms of quality and dependability," said Darcy O'Neill, Vice President of Sales for Motive Products. "In 2004, C&D moved away from its distinctive orange color and that was clearly a mistake. We let this premium product take on the common appearance of competitive products, losing its distinction in the marketplace. Over the last six months we have renewed our focus on the basics of the business, reinforcing product quality, ensuring availability, and measuring ourselves on on-time delivery. As a result, we have seen a steady increase in sales quarter-over-quarter, with the momentum continuing as we enter our new fiscal year. To make clear to our customers that we understand the value they have placed on our C-Line product line, we have decided to re-launch our flagship product as the C-LINE Classic and are bringing back the distinctive orange color that our customers recognize and believe in. Early feedback from our customers and channel partners has been very positive." C&D Technologies, Inc. provides solutions and services for the switchgear and control (utility), motive (material handling), telecommunications, and uninterruptible power supply (UPS) as well as emerging markets such as solar power. C&D Technologies engineers, manufactures, sells and services fully integrated reserve power systems for regulating and monitoring power flow and providing backup power in the event of primary power loss until the primary source can be restored. C&D Technologies' unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. C&D Technologies is headquartered in Blue Bell, PA. For more information about C&D Technologies, visit http://www.cdtechno.com. Forward-looking Statements: This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934), which are based on management's current expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Factors that appear with the forward- looking statements, or in the company's Securities and Exchange Commission filings (including without limitation the company's annual report on Form 10-K for the fiscal year ended January 31, 2005, or the quarterly and current reports filed on Form 10-Q and Form 8-K thereafter), could cause the company's actual results to differ materially from those expressed in any forward- looking statements made herein.
Source: prnewswire
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