SOURCE: Highpower International

Highpower International

March 07, 2011 07:00 ET

Highpower International Announces Appointments to Senior Management Team

NEW YORK, NY and SHENZHEN, CHINA--(Marketwire - March 7, 2011) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, today announced the promotion of Michael Wang to Senior Vice President of Sales and Marketing and the appointment of Bin Ran as Senior Vice President of Strategy and Human Resources.

"I am pleased with the talent that we continue to add to our management team," said George Pan, Chief Executive Officer of Highpower International, Inc. "Mr. Wang and Mr. Ran bring a broad range of skills and industry experience to Highpower's leadership team and we look forward to their contributions to the continued success of our company."

"I am excited about my growing responsibilities and leadership role with Highpower," said Mr. Wang. "As the Senior Vice President of Sales and Marketing, I look forward to expanding our international sales platform to leverage the company's growing market penetration and market presence."

"Highpower is benefiting from growing global demand for clean energy products and solutions," said Mr. Ran. "We are focused on capitalizing on this demand with key strategic planning and execution as well as strong leadership of our employees."

Mr. Wang joined Highpower International in 2009 and has helped lead the company's growing presence in the global battery market. Previously Mr. Wang worked in various positions, including Director of Marketing at Vale Inco, a NYSE listed company. Mr. Wang received a master's degree in Materials Science & Engineering from Beijing Institute of Technology and received a second master's degree of Enterprise Management from University of International Business and Economics of China.

Mr. Ran joined Highpower International in 2010. Prior to joining the company, he was General Manager at Shenzhen Joint Financial Group and has also served as a management consultant for various companies. Mr. Ran received a bachelor degree in Electrochemistry of Chemical Engineering from Sichuan Light Chemical Engineering Institute.

About Highpower International, Inc.

Highpower International, Inc. 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 Highpower International's products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Taiwan, Southeast Asia and South America. For more information, visit http://www.highpowertech.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.

Contact Information

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