Compaq/Valence
biz.yahoo.com
Valence N-Charge System Selected for Compaq Evo and Presario Notebook PCs
Wednesday March 26, 9:25 am ET
AUSTIN, Texas--(BUSINESS WIRE)--March 26, 2003--Valence Technology Inc. (Nasdaq:VLNC - News), a leader in the development and commercialization of Lithium-ion polymer rechargeable batteries, today announced that its N-Charge(tm) Power System is being marketed and distributed with Compaq brand notebook PCs from HP.
The N-Charge system is available via HP direct and HP's third-party options group.
"With such a vast array of top-rated technologies and product offerings, including the Compaq brand notebooks, HP has been on our prospect list since day one," stated Stephan Godevais, chairman and CEO of Valence. "The availability of the N-Charge system for the Compaq brand will greatly expand our presence in the small business, government and education markets. Customers in these sectors will have easy access to the N-Charge system, a product which meets their growing needs for safety, power and mobility."
About Valence Technology Inc.
Valence is a leader in the development and commercialization of Saphion(tm) technology and Lithium-ion polymer rechargeable batteries. Valence has more than 722 issued and pending patents worldwide, including 254 issued in the United States. The company has facilities in Austin, Texas; Henderson, Nev.; and Mallusk, Northern Ireland. Valence is traded on the Nasdaq SmallCap Market under the symbol VLNC and can be found on the Internet at www.valence.com.
Forward-looking Statement
The information contained herein includes "forward-looking statements." The company cautions readers not to put undue reliance on forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those described herein, for the reasons, among others, discussed in our reports filed with the Securities and Exchange Commission. |
