SOURCE: Superlattice Power Inc.

September 09, 2009 07:00 ET

Superlattice Power Inc. (OTCBB: SLAT) Commences Development to Fast Charge 80% of Battery Pack in Less Than 30 Minutes for EV Innovations Inc. (OTCBB: EVII)

MOORESVILLE, NC--(Marketwire - September 9, 2009) - Superlattice Power, Inc. (OTCBB: SLAT) (, emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, proudly announces: Superlattice Power, Inc. has completed the design of fast charge lithium ion battery pack in order to qualify them for EV Innovations Inc.'s (OTCBB: EVII) LiV™ series electric vehicles. The first prototype of this battery pack will be developed and delivered by the end of November this year.

Superlattice Power Inc. is developing lithium ion batteries for electric as well as hybrid vehicles. Working with EV Innovations Inc., Superlattice Power Inc. has developed a robust lithium ion battery pack system which is tested in more than 10 vehicles for nearly 2000 miles each. However, the battery packs used in these vehicles are designed for charging rates which are lower than 0.5C. The new design developed at Superlattice Power Inc. is capable of handling more than 2.5 C rates which means the battery pack can be charged to 80% capacity in less than 30 minutes. The components and accessories that are being modified in the first prototype include charging protocol, Battery Management System, thermal management system, charger (EV Innovations' design), battery pack casing and compact, high current bus bar and electrical system.

Apart from developing the fast charge lithium ion battery pack, the other objectives of this project are to optimize the capacity and miles per fast charge in the battery pack. Research and development activities in Superlattice Power Inc. focus on the design and development of lithium ion electrode materials and cells as well as second generation Battery Management System.

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Forward-Looking Statement: This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

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