(Source: Business Wire)

LHV Power (formerly known as HiTek Power Corporation) spins off Flux
Power, to be led by Aptera Cofounder Chris Anthony. This new company
will provide life extending Lithium Battery technology including battery
management and monitoring, advanced display and diagnostics, and smart
charging systems.
"I've heard the same message repeatedly from numerous clients: We need
a complete drop in solution that will manage, charge, and provide usable
diagnostic feedback for our cells,'" says James Gevarges, President and
CEO of LHV Power Corporation. "Flux Power products will provide for all
of these needs and more in an easily adaptable format allowing customers
to quickly create prototypes, ramping to small production with an easy,
cost reduction path for high volume OEM's," he adds.
Flux Power has developed innovative high power battery cell management
systems that have proven to greatly extend cycle life. The company
couples this with a robust communication system that can operate in
harsh conditions to provide accurate and timely data on numerous cell
metrics. These cell metrics are continually recorded for system
diagnostics and warranty analysis. To display all of this data Flux
Power has a suite of display systems and diagnostic utilities to help
clients get the most value out of the information available.
In addition, Flux Power has smart charging systems that are versatile
and stackable to multiple charging configurations while communicating
directly with each cell to make sure the most beneficial charge is
available. Flux Power's latest technology allows multiple chargers to be
used in unison to create high voltage and/or high current charging while
maintaining Flux's battery life extending charge methodologies.
"The Lithium vs Lead Acid cost equation simply does not favor Lithium
Technology unless each lithium cell is effectively managed throughout
every charge and discharge cycle," says Chris Anthony, CEO of Flux Power
Incorporated. "Now that we have developed an effective system to manage
and record the life cycle of a lithium cell, it opens a vast array of
applications to use high power lithium versus other energy storage
methods. From large EV to peak shaving to back-up power solutions, Flux
Power's systems finally make Lithium the most technologically advanced
and cost effective option for tomorrow's power demands."
Flux Power will launch its first suite of products in November of this
year.
www.FLUXpwr.com
About LHV Power Corporation (formerly known as HiTek Power Corporation):
LHV Power designs, manufactures and markets power supply systems to a
wide range of customers around the globe including: Kodak, Cubic,
Johnson & Johnson, Carrier, Zebra, Astron and Applied Materials. LHV
Power is one of the few manufacturers able to deliver both High Voltage
and Low Voltage Power Solutions with ISO-9001 precision across many
different industries. LHV Power manufactures products in both Asia and
the US, delivering FDA approved medical, stringently validated
industrial and consumer friendly solutions for clients around the globe.
www.LHVpower.com
Flux and Flux Power are trademarks or registered trademarks of Flux
Power Inc. in the United States and/or in other countries. All other
brands, products or service names are or may be trademarks, registered
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services of their respective owners.
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