SOURCE: AC ENERGY INC.

May 02, 2007 05:00 ET

Market for Battery Cells Will Exceed US $9 Billion by 2010

GARDNERVILLE, NV -- (MARKET WIRE) -- May 2, 2007 -- AC Energy Inc. (PINKSHEETS: ACEN) -- Strategy Analytics' "Portable Device Batteries and Power Management" report finds that the market for battery cells will exceed US $9 billion by 2010 driven by the growing demand for portable devices. This, as management of AC Energy feels, positions them in a positive manner due to the strategic positioning of their current pending patents.

Manufacturers of cell phones, other handheld devices and mobile computers have identified their biggest challenge as power source limitations. The current generation of Lithium batteries simply doesn't have the capacity to support the multifunctional, always-on operating model that is now being pushed by handset and computer makers. They have other limitations too -- lengthy charge times, environmental issues, relatively short effective lifetimes, etc. The good news is that, in the past few years, developments in the advanced materials sector have pointed the way to solutions for these problems. In addition, the arrival of the first generation of miniature fuel cells promises a future in which mobile computing and communications will no longer be hampered by limited battery power.

AC Energy not only has solutions for cellular phone, laptop, and PDA technology but has the solution to long term, environmentally friendly alternative power sources for cell phones and other small and large electronic devices.

About AC Energy Inc.

AC Energy is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivering a commodity of peerless value with virtually unlimited applications in commercial, industrial, and military markets.

Forward-Looking Statements:

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by AC Energy Corp. with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of AC Energy Corp. as of the date of this release. AC Energy Corp. and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Contact Information

  • CONTACT:

    Mike Dillon
    President and Director
    AC Energy Inc.
    775-782-6739
    1528 Hwy 395 N # 130
    Gardnerville, NV. 89410