SOURCE: Advanced Battery Technologies, Inc.

March 20, 2007 08:30 ET

Advanced Battery Technologies, Inc. Adds New Production Line

HARBIN, CHINA -- (MARKET WIRE) -- March 20, 2007 --Advanced Battery Technologies, Inc. (OTCBB: ABAT), a developer and manufacturer of rechargeable Polymer-Lithium-Ion (PLI) batteries, announced today that it has begun the installation of a new production line specialized in the manufacturing of mine lamps, which features the new cordless lamps powered by the Company's compact PLI batteries. The annual capacity of this production line will be about 100,000 units of lightweight cordless headlamps for the mining industry. These new headlamps are expected to sell for about $38.00 per unit.

This production line is expected to start production by the end of May.

Mr. Zhiguo Fu, Chairman & CEO of Advance Battery Technologies, commented, "The new production line represents our effort in the vertical integration, which will enable us not only to sell batteries but the products that utilize our batteries."

About Advanced Battery Technologies, Inc.

Advanced Battery Technologies, Inc., founded in September 2002, develops, manufactures, and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. The Company's products include PLI batteries for electric vehicles, mine-use lamps, cell phones, notebook computers, and other personal electronic devices. The Company's batteries combine high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries. The PLI battery for use in all-electric vehicles is developed using the Company's proprietary technologies. The Company's R&D and manufacturing facilities are located in China and it maintains an office in New York City.

For more information about Advanced Battery Technologies, Inc., please visit www.abat.com.cn

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, which may involve risks, uncertainties and other factors that may cause the company's actual results to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks and uncertainties include, without limitation, risks that our products as manufactured are not accepted in a mass market. We undertake no obligation to revise or update publicly any forward-looking statements.

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