SOURCE: Electro Energy Inc.

November 30, 2007 10:11 ET

Electro Energy to Present at SCIA Meeting December 1, 2007

DANBURY, CT--(Marketwire - November 30, 2007) - Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, announced today their participation at the Southern California Investor Association (SCIA) meeting on Saturday, December 1, 2007 in Irvine, California.

Michael Reed, President & CEO, will present an overview of the company highlighting their 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.

Mr. Reed will also discuss EEEI's transition from an R&D to a commercial enterprise, which will advance the company into a significant revenue and profit growth phase. The company's plug-in hybrid vehicle, a modified Toyota Prius with over 20 miles of all electric driving range will be available for SCIA attendees to view.

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 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 bipolar wafer cell design. EEEI has recently acquired significant manufacturing assets near Gainesville, Fla., to accelerate commercialization of its battery technology. For further information, please visit www.electroenergyinc.com.

About SCIA:

Southern California Investment Association is a comprehensive national alliance of almost 200 member firms consisting of NASD broker/ dealers, institutional, investment and merchant bankers, investment advisor's, analysts, market makers, financial service managers, fund managers, venture capitalists, media and accredited investors from all over the US. Since year 2000, the organization has funded more than $100 million per year and supported and assisted hundreds of public companies. For further information, please visit www.sciaonline.org

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 E. Reed
    (203) 797-2699