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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: JamesB who wrote (3606)	2/3/2000 8:57:00 AM
From: Tom Allinder	Read Replies (1) \| Respond to of 4792

Thanks JamesBB... not a big deal to me. No mid-life crisis or anything like that. Tom

To: JamesB who wrote (3606)	2/3/2000 9:11:00 AM
From: TOPFUEL	Respond to of 4792

(COMTEX) B: LITHIUM TECHNOLOGY CORPORATION TAKES DELIVERY OF CELL PAC B: LITHIUM TECHNOLOGY CORPORATION TAKES DELIVERY OF CELL PACKAGING MACHINE PLYMOUTH MEETING, Pa., Feb 3, 2000 /PRNewswire via COMTEX/ -- Lithium Technology Corporation ("LTC", "the Company") (OTC Bulletin Board: LITH) announced today that it had taken delivery of the semi automatic cell packaging machine which is a critical component of the Plymouth Meeting Manufacturing Plant (see LTC press release of August 27, 1998). This state-of-the art machine inserts LTC's thin flat lithium-ion cells into a pouch package, adds the polymer electrolyte and then seals the package. Its configuration is optimized for LTC's unique large footprint cells, which will be the common building blocks for notebook computer, PDA and hybrid electric vehicle battery applications that LTC is pursuing along with its impending merger partner, Pacific Lithium Limited of New Zealand (see LTC press release of January 20, 2000). Together with the continuous flow coating equipment and the lamination equipment, this packaging machine represents another major component in upgrading LTC's pilot manufacturing line to commercial production status. In this regard, LTC has also received approval from the Pennsylvania Department of Environmental Protection to construct and install emission control equipment for the Plymouth Meeting Plant. Approval from this state agency -- which applies and enforces EPA (PR NEWSWIRE) Lithium Technology Corporation Takes Delivery of Cell Packaging Lithium Technology Corporation Takes Delivery of Cell Packaging Machine PLYMOUTH MEETING, Pa., Feb. 3 /PRNewswire/ -- Lithium Technology Corporation ("LTC", "the Company") (OTC Bulletin Board: LITH) announced today that it had taken delivery of the semi automatic cell packaging machine which is a critical component of the Plymouth Meeting Manufacturing Plant (see LTC press release of August 27, 1998). This state-of-the art machine inserts LTC's thin flat lithium-ion cells into a pouch package, adds the polymer electrolyte and then seals the package. Its configuration is optimized for LTC's unique large footprint cells, which will be the common building blocks for notebook computer, PDA and hybrid electric vehicle battery applications that LTC is pursuing along with its impending merger partner, Pacific Lithium Limited of New Zealand (see LTC press release of January 20, 2000). Together with the continuous flow coating equipment and the lamination equipment, this packaging machine represents another major component in upgrading LTC's pilot manufacturing line to commercial production status. In this regard, LTC has also received approval from the Pennsylvania Department of Environmental Protection to construct and install emission control equipment for the Plymouth Meeting Plant. Approval from this state agency -- which applies and enforces EPA regulations -- is a major step in moving forward to commercial cell production status. In commenting on these developments Dr. A.J. Manning, LTC's Vice President of Manufacturing, stated: "This customized packaging machine -- which we co-developed with the equipment manufacturer -- is designed to take advantage of LTC's strong packaging patents unique to the industry." Lithium Technology Corporation is in the late stages of developing and seeking to commercialize a new generation of high performance, solid state rechargeable lithium ion polymer battery cells for portable electronics devices and other applications such as HEVs. LTC's pilot line production operations are regularly producing three generic sizes of thin flat cells, including a large 9 Ah cell (4"x8"x1/4"). The Company's patented and proprietary technology uses high performance fibers in composite battery structures and low cost continuous flow fiber web coating and laminating processes for manufacturing. These new battery cells represent a significant benefit to the end-user in terms of longer run times and thinner, flatter, lighter-weight form factors. The foregoing information contains forward-looking statements which involve risks and uncertainties relating to such matters as financial performance, technology development, capital raising, business prospects, strategic partnering and similar matters. A variety of factors could cause LTC's actual results and experience to differ materially from anticipated results or other expectations expressed in these forward-looking statements. SOURCE Lithium Technology Corporation -0- 02/03/2000 /CONTACT: Joseph C. Calio III, Vice President of Sales and Marketing of Lithium Technology, 610-940-6090, or Fax, 610-940-6091, or E-mail, jcalio@lithiumtech.com/ /Web site: lithiumtech.com / (LITH) CO: Lithium Technology Corporation ST: Pennsylvania IN: CPR SU: * end of story * * end of story *