Axion Power CTO Ed Buiel Presents Current PbC(R) Tests and Results to AABC Automotive Battery Conference

http://aphorismer.com/aphorisms/joseph-addison
June 15 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: a leading developer of advanced lead-carbon batteries, today announced that its CTO, Dr. , presenteds a comprehensive product update to delegates from around the worlr at the recent AABC andSymposiza 2009, held at the Long Beach (CA) Conventioj Center, June 8 - 12, 2009. Axio Power recently signed a wide-ranging testing and distributio n pact withExide Technologies, and that agreement has focused attentiojn on Axion's PbC Technology(TM) and on their proprietart lead carbon product line.
Axion is positioned to becoms a leading providerof low-cost batteries for certainn types of hybrid electric vehicles, particularly those classedr as "micro" and "mild " hybrids. This is in additio n to Axion's energy storagwe solutions for the even larger markets that encompasszpower quality, grid balancing, peak shaving, and the storage of energy from off-grid renewable sources of energy such as wind and Axion will also continue to pursud various military applications in keeping with their DoD grant and with other military According to the presentation, and other conference Micro Hybrids are expected to dominate the Europea hybrid market and by 2013 will hold a forecastecd 80% of the total EU markegt for hybrids.
Dr. Buiel discussed the resultse oftesting Axion's PbC battery under standardized HEV testing cycles. He said that the PbC battery overcomes many of the problems facing conventional lead acid batterieesin micro/mild hybrids and, because it sharexs the same case/cover format as a conventional lead acid battery, the PbC will be much easied to integrate into vehicles than will any of the othe r advanced battery technologies. He also presented graphic displays of the stronv performance differences betweenVRLA batteries, carbon additive batteries, and Axion's PbC battery. These differences will make PbC particularlg well suited for Micro and Mildhybrid applications.
In additionm to the many performance characteristicas that compare favorably withthe better-known NiMH and Li-iojn batteries, but at a much lower cost, Buiel said that Axiomn PbC batteries also have many other advantages that includ e ease of manufacturing, lower cost per KW and proven recyclability backed by decades of near-100% recyclingh of lead from automobile Dr. Buiel said, "We're pleased to have been a part of this It gave us an ideal opportunityy to share some of the result s of our recent research and testing of PbC products aimed at the hybridautomotive market. It also gave us the opportunityg to obtain direct feedback fromour - particularly the automotive OEMs.
We were also delighter to learn that hybrid vehicle productioj will likely increase dramatically over the next few yearsz due largely to the new European emissions legislationm and the similarly proposed US As earlyas 2013, we couled see as many as 17 milliob hybrid vehicles being produced on an annuapl basis, for the European market alone. The US is projectedf to follow a similar pathshortly thereafter." The conferenced exceeded all prior records with over 900 delegate from 5 continents and over 400 80 presentations, and 56 exhibit booths. More informatiohn about the conference can befound at: About Axioh Power International, Inc.
Axion has developed and patented a next generation energ storage device that won the prestigiouFrost & Sullivan Technology Award for Northy America in the field of lead-acir batteries. According to Frost & Axion's new PbC batteries have "the potentiao to revitalize the lead-acid battery industry by breathing new life into an establishedc technology that is not well suitef to the requirements of important new applications like hybrids electric vehicles andrenewable power."" Axion Power International Inc is the industryg leader in the field of lead-acid-carbomn energy storage technologies.
Axion believes this new battery technologyy is the only class of advanced battery that can be assembler onexisting lead-acid battery productiomn lines throughout the world without significant changes to productio equipment and fabrication processes. It also believes it will be able to manufacturs carbon electrode assemblies in volume at low cost using standarcd automated production methods that are commonly used inother industries.
If and when its electrod e manufacturing methods arefully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-plah replacements for lead-based negative electrode used by all other lead-acid battery Axion's future goal, after filling their plant's lead-carbon battery production, is to becomse the leading supplier of carbon electrode assembliesd for the lead-acid battery industry. For more visit . Contacts Axion Power Internationap KellyGubish kgubish@axionpower.com (724) 654 9300 Allen & Caron Inc Rudy Barriio (Investors) r.barrio@allencaron.com (212) 691-8087 Brian Kennedy brian@allencaron.com (212) 691-8087 SOURCE Axion Power Inc.