SAN FRANCISCO, CA and SHENZHEN, CHINA--(Marketwired - Mar 17, 2014) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of nickel-metal hydride (Ni-MH) and lithium rechargeable batteries, and a battery management solution and recycling provider, today announced that it sponsored and was a featured presenter at the 31st International Battery Seminar & Exhibit held in Fort Lauderdale, Florida on March 10-13, 2014.
Highpower International's Chief Scientist of Lithium Battery, Mr. Peter Cheng, delivered a presentation on Advanced Lithium Battery Technologies and Development on March 11, 2014. Mr. Cheng has over ten years of extensive experience in lithium battery technologies ranging from materials research to battery application developments. Before joining Highpower, Mr. Cheng was Research Director of one of the largest lithium battery companies in China, and directed application projects with world-renowned customers including Apple, Motorola, Samsung, and Nokia.
Mr. Wenliang Li, CTO of Highpower International commented, "The International Battery Seminar and Exhibit is one of the marquee conferences within the battery industry. It serves as an important platform for key industry players to collaborate and provide insights on the future outlook of the development of battery technologies. Highpower was very proud to be a sponsor and speaker at this year's event.
"Highpower has always had a strong focus on R&D, dedicating approximately 4% of annual sales for product development and innovation. As a result of this continuous investment and our ability to add talent over the past few years, we are receiving high recognition from our clients on the quality, performance and safety of our battery products. We continue to have a key focus on safety as evidenced by our joining the UL's Standards Technical Panel (STP) 1642 in 2013, the consensus body that develops and maintains UL product safety standards on Household and Commercial Batteries. Highpower is one of the very few global battery manufacturers that are members of UL STP 1642, and is committed to the ongoing development of worldwide safety standards and knowledge sharing at industry events. We will continue to participate in international industry events like these to share both our knowledge and vision for the future of the battery industry," concluded Mr. Li.
ABOUT THE 31st BATTERY SEMINAR & EXHIBIT
In the 30 years of its existence, this Seminar has been the leader in providing key industry speakers to discuss the state of the art of worldwide energy storage technology developments for portable products, power and vehicular applications. The meeting provides not only broad perspectives, but also informed insights into significant advances in materials, product development and application for all battery systems and enabling technologies. The meeting is renowned for offering broad networking and exhibiting opportunities to the international battery community. Since 1983, this Seminar has been the leader in the introduction and discussion of new technologies and important battery issues.
About Highpower International, Inc.
Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. With over 3,000 employees and advanced manufacturing facilities located in Shenzhen and Huizhou of China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.
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.