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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jacques Tenzel who wrote (25945)3/4/2003 5:53:36 PM
From: Jacques Tenzel  Read Replies (2) of 27311
 
Yet another Press Release.
Now if Valence could only couple this with a contract.

Happy Investing in these sad times............Jacques

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March 04, 2003 1:03 PM EST

NEW YORK—Sinbon Electronics will design and assemble at its Taiwan facilities the Saphion Lithium-ion batteries developed by Valence Technology Inc., Austin, Texas, under a new collaboration agreement.

Valence has developed a high-energy density, environmentally friendly Lithium-ion battery technology based on phosphates for use in portable and mobile electronic devices.

“Sinbon has proven itself to be a valuable strategic partner with expertise in the design of customized battery packs,” said Joe Lamoreux, vice president of small-format energy solutions for Valence.

“This relationship will enable us to reach a greater distribution network of global customers seeking superior quality battery technology in various, highly specialized formats.”

rcrnews.com
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