Valence
Technology, Inc. (NASDAQ: VLNC), a U.S. based leader in the
international development, manufacture and supply of lithium iron
magnesium phosphate energy storage solutions, announced today it is
participating in the Deutsche Bank Securities 2009 Alternative
Energy/Clean Tech Conference, being held June 10-11, 2009, at the
Mandarin Oriental Hotel in Washington D.C.
Valence Technology has recently filed funding applications with the
Department of Energy (DOE) to build a new state-of-the-art advanced
battery manufacturing facility in Leander, Texas. The estimated
production capacity of this proposed facility would exceed 600,000
battery packs annually and provide up to 4,000 jobs by 2016.
Robert L. Kanode, president and CEO of Valence Technology, will address
an audience of investors and industry executives at 1:40 p.m. EDT (12:40
p.m. CDT) on Wednesday, June 10, 2009. Valence Technology’s presentation
will be available via audio webcast along with a link to slides which
can be accessed by visiting the Investor Relations Web site at www.valence.com
and clicking on Events and Presentations. A webcast replay of the
presentation will be available on Valence’s investor relations Web site
through June 17, 2009.
About Valence Technology, Inc.
Valence Technology is an international leader in the development of
lithium phosphate energy storage solutions. The company has redefined
lithium battery technology and performance by marketing the industry’s
first safe, reliable and rechargeable lithium phosphate battery.
Celebrating 20 years in business, Valence today offers a proven
technology and manufacturing infrastructure that delivers ISO-certified
products and processes that are protected by an extensive global patent
portfolio. Headquartered in the United States Valence Technology has
facilities in Austin, Nevada, China and Northern Ireland. Valence
Technology is traded on the NASDAQ Capital Market under the ticker
symbol VLNC. For more information, visit www.valence.com.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results may vary substantially from these forward-looking statements as
a result of a variety of factors. The risk factors that could affect
actual results are discussed in our periodic reports filed with the
Securities and Exchange Commission, including our Report on Form 10-K
for the year ended March 31, 2009, and the reader is directed to these
statements for a further discussion of important factors that could
cause actual results to differ materially from those in the
forward-looking statements.
Pierpont Investor Relations
IR Contact:
A. Pierre
Dubois, 512-527-2921
investor@valence.com
or
Allyn
Media
PR Contact:
Kyle Tarrance, 214-871-7723
ktarrance@allynpartners.com
