SOURCE: Electro Energy Inc.

May 29, 2007 16:00 ET

Electro Energy Inc. Selected to Present at Leading Clean Energy Technology Conference in Middle East

MANAMA, BAHRAIN and DANBURY, CT--(Marketwire - May 29, 2007) - Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, announced today that Michael E. Reed, CEO of Electro Energy, has been selected to present on May 30, 2007 at CleanBusiness2007 in the Kingdom of Bahrain. The event will take place from May 29-31st at the Moevenpick Hotel. The event is organized by Energative (USA) in cooperation with the International Solar Energy Society - Arabic Section (Bahrain). It is the first event in the Middle East that is dedicated solely to connecting worldwide companies involved in clean technology with regional investment groups, entrepreneurs, environmental businesses, major developers, and governmental officials.

The event will feature representatives from 14 leading international clean energy companies from North America and Europe that are involved in technologies such as water and waste treatment technologies, renewable energy, alternative fuels, carbon trading and emission control, energy saving technologies, Carbon Development Mechanisms, Green Buildings, and other clean and green technologies. It will include panel discussions, networking sessions and investors from the Middle East and other countries.

About CleanBusiness2007

CleanBusiness2007 will bring regional (Middle East) venture capitalists, investment banks and individual investors that are interested in clean technology; and business people that are looking for joint venture partners, dealerships, representation and distributors in the emerging clean businesses.

About Electro Energy Inc.

Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high-power lithium rechargeable batteries utilizing the Company's proprietary bi-polar design. EEEI has recently acquired significant manufacturing assets near Gainesville, Fla. to accelerate commercialization of its battery technology. For further information, please visit http://www.electroenergyinc.com/.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.

Contact Information

  • Contact:
    Michael Wachs
    CEOcast, Inc. for Electro Energy
    (212) 732-4300