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Axion is developing a platform technology for a new generation of lead-acid-carbon energy storage devices called e3 Supercells. The e3 Supercell technology replaces the lead-based negative electrodes found in conventional lead-acid batteries with nanoporous carbon electrodes. The result is a new class of hybrid energy storage device that offers a unique combination of battery and supercapacitor performance characteristics. Axion believes e3 Supercells will offer a cost-effective alternative to conventional lead-acid batteries that will: **Charge up to ten times faster; **Offer three to four times as many charge/discharge cycles in deep discharge applications; **Withstand repetitive 90% depth of discharge without significant loss of performance; and **Require minimal maintenance. Axion plans to develop e3 Supercells for: **High performance energy storage systems for hybrid automobiles; **Energy storage systems for other motive applications including industrial and transportation equipment; **Uninterruptible power supplies and DC power systems; and **Storage and buffering systems for grid-connected alternative and conventional power generation. Contacts: axionpower.com Nazia Khan, Corporate Communications Axion Power International 905-264-1991 nkhan@axionpower.com Prospectus detailing history and business plan: axionpower.com | ||||||||||||||
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