Hong Kong Highpower Technology, Inc. Receives Innovation Award Certificate for Ready to Use Battery Patent
May 26 2010 - 7:00AM
Marketwired
Hong Kong Highpower Technology, Inc. (NASDAQ:
HPJ), a leading developer, manufacturer and marketer of
nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) rechargeable
batteries and related products, announced today that it recently
received its award certificate for its Shenzhen Innovation Award.
Hong Kong Highpower Technology was awarded the Shenzhen
Innovation Award for Patent Excellence for its patented Ready to
Use (RTU) Ni-MH battery. Compared with other Ni-MH batteries, the
company's self-developed RTU battery has many advantages including
lower self-discharge, longer storage time, and a longer service
life. The increased service life of the battery, which includes
1500 uses and 85% charge retention after one year of storage, makes
the RTU the best choice when compared to other rechargeable
batteries because it aids in achieving efficient energy use and a
lower-carbon footprint. Due to these positive attributes, the RTU
has been approved and tied to the Shenzhen government priority
procurement list.
In the future, Hong Kong Highpower Technology plans to continue
its commitment of R&D investments toward the development and
innovation of clean energy.
About Hong Kong Highpower Technology,
Inc.
Hong Kong Highpower Technology develops, manufactures and
markets rechargeable nickel metal hydride (Ni-MH) and lithium-ion
(Li-ion) batteries and related products for use in a variety of
electronic devices. The majority of Hong Kong Highpower
Technology's products are distributed worldwide to markets in the
United States, Europe, China, Hong Kong, Southeast Asia and Taiwan.
For more information, visit www.haopengbattery.com.
To be added to the Company's email distribution for future news
releases, please send your request to HPJ@finprofiles.com. Company
news can also be found at
http://ir.haopengbattery.com/en/introduce028.html.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that are not historical
facts. These statements can be identified by the use of
forward-looking terminology such as "believe," "expect," "may,"
"will," "should," "project," "plan," "seek," "intend," or
"anticipate" or the negative thereof or comparable terminology, and
include discussions of strategy, and statements about industry
trends and the Company's future performance, operations and
products. Such statements involve known and unknown risks,
uncertainties and other factors that could cause the Company's
actual results to differ materially from the results expressed or
implied by such statements. For a discussion of these and other
risks and uncertainties see "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in the Company's public filings with the SEC. Although
the Company believes that the expectations reflected in such
forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct. The
Company has no obligation to update the forward-looking information
contained in this press release.
Media and Investor Inquiries: Henry H. Ngan Chief
Financial Officer +1-917-887-0614 Email Contact Financial Profiles,
Inc. Tricia Ross (916) 939-7285 Email Contact
Highpower (NASDAQ:HPJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Highpower (NASDAQ:HPJ)
Historical Stock Chart
From Jul 2023 to Jul 2024