AccelRate Power Systems Inc.

AccelRate Power Systems Inc.

January 09, 2007 13:48 ET

AccelRate Power Systems: Great Q4 Results for Hawker LifeSpeed 3000 Charger Sales

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 9, 2007) - AccelRate Power Systems ("AccelRate") (TSX VENTURE:APS)(FWB:KCG) is pleased to announce that it has recently received from its exclusive North American licensee, the fourth quarter results for the sales of AccelRate powered LifeSpeed 3000 chargers throughout the U.S.

For the third quarter in a row, Hawker Powersource has, once again, doubled its sales of the High-Speed chargers over the previous quarter's performance.

"We are very pleased with the performance of the product," said Pierre Gadbois, President of AccelRate's Motive Power Division, "and the increasing adoption level by the industry of the AccelRate / LifeSpeed High-Speed chargers. These units have only been available for slightly more than a year, and we are already witnessing a steady growth in demand and acceptance for the product."

About AccelRate:

AccelRate's proprietary charging technology functions effectively with batteries of all conventional chemistries and sizes in industrial and transportation applications. AccelRate's technology provides customers with up to 80% decreased charging time, increased battery lifetime due to improved heat management, and decreased energy use.

Industrial chargers incorporating AccelRate's "High-Speed" battery charging technology are currently available in North America through Hawker Powersource at and through AccelRate Power Systems at, in Europe and the UK through EnerSys Europe at, and in South Africa from Toyota Forklift at

AccelRate Power Systems is headquartered in Vancouver, BC. AccelRate's shares trade on the TSX Venture Exchange (symbol APS), and on the Frankfurt Exchange (symbol KCG).


Reimar Koch, President and CEO

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not undertake any duty to update any forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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