SOURCE: Vendum Batteries Inc.

Vendum Batteries Inc.

March 07, 2011 08:45 ET

Vendum Batteries Outlook Report on Importance of Attending Industry Events

EL SEGUNDO, CA--(Marketwire - March 7, 2011) - Vendum Batteries (OTCBB: VNDB), a US-based battery technology development company, is pleased to announce it's making important relationships through attending the UK industry events of NanoTech London and Nano4Energy.

Vendum Batteries met with industry experts, ranging from top scientists, Government agencies interested in assisting in funding prototypes, R&D grant opportunities and important collaboration partners, all focused on the commercialisation of Nano technology.

Fraser Cottington, CEO of Vendum, said, "Through attending the right events, Vendum has been able to develop ever stronger relationships with some of the best industry experts in the UK and Europe. As Government funding policies change, we aim to capitalize on knowing what collaborative grant opportunities exist and how they can become a vital part of our short and long term growth.

"Meeting and selecting industry leaders to work with, remains high on our agenda, we maintain a list of worldwide expos and events we must attend to stay ahead of the competition."

About Vendum Batteries, Inc.
Vendum Batteries has a pending patent on a non-toxic, carbon-based light-weight battery. The paper-thin battery contains none of the toxic elements used in conventional batteries and its cutting edge carbon nanotube and cellulose-based technology makes it entirely biodegradable. The Vendum Battery will be developed from its current low power capacity, to soon accommodate the ever-increasing global demand for durable battery power for cell phones, iPods, gadgets, human implants and eventually electrical vehicles etc. Americans purchase around 5 billion batteries, leaving 146,000 tons of battery waste behind, and given that the worldwide personal battery use is a growing $63 billion industry, the potential of this revolutionary non-toxic technology could be enormous.

Disclaimer -- Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company.

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