To: P. Ramamoorthy who wrote (24930 ) 9/27/2001 2:51:08 PM From: Dennis V. Read Replies (2) | Respond to of 27311 Valence presents at Power 2001 Thursday September 27, 1:14 pm Eastern Time Press Release SOURCE: Valence Technology Inc. Valence Technology Inc. to Present at POWER2001 AUSTIN, Texas--(BUSINESS WIRE)--Sept. 27, 2001--Valence Technology Inc. (Nasdaq:VLNC - news), a leader in the development and commercialization of Lithium-ion polymer rechargeable batteries, today announced that Vice President of Research and Development Dr. George Adamson will be a featured speaker at Giga Information Group's POWER2001. The session, ``Lithium-ion Polymer: The New Breed of Batteries,'' will focus on the energy capabilities, safety characteristics and design flexibility of Lithium-ion polymer batteries and their profound impact on the computer and communications industries. Adamson also will discuss advancements in phosphate chemistry and the benefits that can be drawn from combining the phosphate materials with already-existing polymer technology. He will outline future applications of this new phosphate technology and provide perspective on its vast market potential. WHEN: Tuesday, Oct. 2, 2001 10 a.m. WHERE: Disneyland(R) Hotel 1150 Magic Way Anaheim, CA 92802 Reservations: 714/520-5005 About Valence Technology Inc. Valence is a leader in the development and commercialization of lithium-ion polymer rechargeable batteries. Valence has more than 790 issued and pending patents worldwide, including 284 issued in the United States. Valence operates facilities in Austin, Texas; Henderson, Nev.; and Mallusk, Northern Ireland. Valence is traded on the Nasdaq National Market under the symbol VLNC. For additional information, visit valence.com . About POWER2001 Giga Information Group's 9th Annual International Conference on Power Requirements for Mobile Computing, Wireless Electronic Devices and Business/Consumer Applications brings together senior-level decision-makers from the rapidly changing wireless technology, portable device and battery industries to discuss future directions and forge strategic partnerships. POWER2001 enables the exchange of information, trends and developments across technologies through the collaboration of professionals steering the future direction of the portable industry. For additional information, visit www.power-conference.com. 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 the company's reports filed with the Securities and Exchange Commission. Contact: Valence Technology Inc., Austin Ellen Cartsonis, 512/527-2930