SOURCE: Hong Kong Highpower Technology

Hong Kong Highpower Technology

April 14, 2010 07:00 ET

Hong Kong Highpower Technology, Inc. Awarded Green Enterprise Certificate of Appreciation by the Hong Kong Productivity Council

SHENZHEN, CHINA and NEW YORK, NY--(Marketwire - April 14, 2010) -  Hong Kong Highpower Technology, Inc. (NASDAQ: HPJ), a leading developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) rechargeable batteries and related products, announced today that it was recently recognized by the Hong Kong Productivity Council for its green efforts and contribution to cleaner production methods.

Hong Kong Highpower received a Certificate of Appreciation from the Hong Kong Productivity Council in recognition of the Company being a green enterprise and its contribution to cleaner production. The Company has successfully participated in a verification project titled Air-Sealed Treatment System and Pulse Bag Filter for Nickel Powder, which is overseen by the Hong Kong Cleaner Production Partnership Programme.

"Green production methods have always been a focus of our Company since inception and will continue to be a main focus going forward in all our business efforts," said George Pan, Chief Executive Officer of Hong Kong Highpower Technology, Inc. "We are dedicated to conserving raw materials and energy, eliminating toxic raw materials, incorporating environmental concerns into the design and delivery of our products, and supervising the impact from our production processes on the environment. We provide significant training for our staff on clean production methods. In addition, we have set up a cleaner system for dealing with waste water and test the environmental quality through a third party on an ongoing basis."

Other green designations Hong Kong Highpower has received in the past include being a Member of Guangdong Provincial Environmental Protection Industry Association and a Top Ten Recycling Economy, Energy Saving and Emission Reduced Corporation in 2007.

About Cleaner Production Partnership Programme (CPPP):
The five-year Cleaner Production Partnership Programme is one of the key measures taken by the Government of the Hong Kong Special Administration Region (HKSAR) to encourage Hong Kong business enterprises in Guangdong to play their part to improve the regional environment, thereby supporting the development of Hong Kong into a green metropolis. The Programme will assist and encourage Hong Kong-owned factories within the Pearl River Delta (PRD) Region to adopt cleaner production technologies and processes. The overall objective of the Programme is to encourage and facilitate Hong Kong-owned factories in the PRD Region to improve energy efficiency and reduce air pollutant emissions.

About Hong Kong Highpower Technology, Inc.

Hong Kong Highpower Technology develops, manufactures and markets rechargeable nickel metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products for use in a variety of electronic devices. The majority of Hong Kong Highpower Technology's products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Southeast Asia and Taiwan. For more information, visit www.haopengbattery.com.

To be added to the Company's email distribution for future news releases, please send your request to HPJ@finprofiles.com. Company news can also be found at http://ir.haopengbattery.com/en/introduce028.html.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

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