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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tom Genna who started this subject	2/14/2002 8:49:40 AM
From: Greg Growth	Read Replies (1) of 27311

Recent news: New Lithium-Ion technology to increase battery life posted 11:58am EST Tue Feb 12 2002 - submitted by Roman NEWS Valence Technology Inc., an Austin, Texas-based developer of lithium-ion rechargeable batteries, has announced the launch of a new line of extended life batteries. The technology, known as Saphion, uses a more stable phosphate cathode material in place of the less stable and more expensive cobalt. Valence has stated that Saphion-based batteries would provide approximately two hours more life on notebooks than current equally sized lithium-ion batteries, and that they should cost 30 or 40 percent less. In conjunction with the announcement of Saphion, Valence introduced its first new product based on the technology. The N-Charge Power System is designed to simultaneously recharge or run up to two mobile devices. It will allow a notebook computer to run continuously for up to 10 hours, or provide a cellphone with 5 days' worth of non-stop talk time. The N-Charge is expected to be released this spring. For more, read the ZDNet article or the Valence press releases on Saphion and the N-Charge Power System. geek.com

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