SOURCE: Electro Energy Inc.

July 10, 2008 10:09 ET

Electro Energy to Present at Friedland/Nortia Equities Conference

DANBURY, CT--(Marketwire - July 10, 2008) - Electro Energy Inc. (NASDAQ: EEEID), a leading provider of advanced battery technologies and associated systems, announced today Michael Reed, President & CEO, will be a featured speaker at the Friedland/Nortia Equities Conference being held July 13-15, 2008 at Bally's Atlantic City, New Jersey.

Mr. Reed will highlight the Company's patented technology, developed with over $30M of U.S. Government funding, providing smaller, lighter, more powerful and less costly batteries, that enables advanced technology for our military and our mobile society.

Electro Energy is commercializing its proprietary lithium-ion and nickel-metal hydride technologies through a variety of channels, including as a domestic source of rechargeable 18650 lithium ion batteries to the U.S. Department of Defense from its Gainesville, Florida facility. Mr. Reed will also discuss the Company's transition into a significant revenue growth phase for the Company.

For more information on this event, please view the Friedland/Nortia website at http://www.friedlandevents.com/bally.html.

About Electro Energy Inc.

Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation is AS9100/ISO9001 certified and supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. Its Gainesville, Florida facility is the largest lithium ion battery manufacturing plant in the US with annual capacity of over 30 million 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit 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:
    Brenda Cooper
    (203) 797-2699