Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium iron magnesium phosphate energy storage solutions, announced they are proud to provide the enabling technology behind multiple products at the United Nations Climate Change Conference 2009 in Copenhagen.
- Valence Technology provided the energy storage solutions for several teams of electric scooters during The Road to Copenhagen, a 5-day road trip of 100 electric scooters between Den Bosch and Copenhagen to help draw attention to kick off the United Nations Climate Change Conference 2009. Valence Technology, in collaboration with Epyon and Qwic Scooters, powered 10 scooters.
- Take a clean tour of Copenhagen on a Segway, exclusively powered by Valence Technology, www.segwaytourscph.dk, or
- See Valence Technology at work in products like Tennant industrial floor scrubbers and street sweepers.
"We are proud to be on the team that is bringing smarter, better advanced batteries to market," said Robert L. Kanode, president and CEO of Valence Technology. "Our safe lithium iron magnesium phosphate energy storage solutions offer several benefits over traditional lead acid batteries and are available today. Our team's technology has high power-to-weight and power-to-volume ratios with extended high power discharge and two hour recharge capabilities."
About Valence Technology, Inc.
Valence Technology, headquartered in Austin, Texas, is an international leader in the development of safe, long life lithium iron magnesium phosphate energy storage solutions. Valence Technology is traded on the NASDAQ Capital Market under the ticker symbol VLNC. For more information, visit www.valence.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may vary substantially from these forward-looking statements as a result of a variety of factors, including Valence's ability to gain, maintain and expand further commercial acceptance of its products and technologies. The risk factors that could affect actual results are discussed in our periodic reports filed with the Securities and Exchange Commission, including our Report on Form 10-K for the year ended March 31, 2009, and the reader is directed to these statements for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements.
Contacts:
Valence Technology IR Contact:
Pierpont Investor Relations
A.
Pierre Dubois, 512-527-2921
investor@valence.com
or
Valence
Technology PR Contact:
Allyn Media
Kyle Tarrance,
214-871-7723
ktarrance@allynmedia.com
