Highpower International Announces Contract With a Global Sportswear Company
May 10 2012 - 7:00AM
Marketwired
Highpower International, Inc. (NASDAQ: HPJ),
leading provider of rechargeable batteries and battery solutions,
today announced a new customer contract with one of the world's
most respected manufacturer and marketer of outdoor apparel,
footwear and equipment brands. Highpower's high capacity ultra-thin
lithium polymer batteries will be used in an innovative new line of
self-heating outerwear targeted to the outdoor enthusiast.
"We are excited to utilize our advanced lithium polymer battery
technology in an internationally well-regarded branded sportswear
company's innovative products," said Mr. George Pan, Chairman and
Chief Executive Officer of Highpower International. "At Highpower
International, we pride ourselves on being an innovative company,
and we believe this partnership is a testament to that commitment.
While it may be unusual to see a battery company partner with a
sportswear company, it is further evidence that there are an
increasing number of end market applications for our cleaner
battery solutions."
About Highpower International, Inc.
Highpower International was founded in 2001 and produces
rechargeable batteries using Ni-MH and lithium technologies. With
over 2,600 employees and prominent international customers,
Highpower is committed to expanding its market through continuous
research and development as well as increased vertical integration
efforts. As a company, Highpower International is committed to
clean technology, not only in the products it makes, but also in
the processes used to make them. The majority of Highpower
International's products are distributed worldwide to markets in
the United States, Europe, China and Southeast Asia.
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.
Financial Profiles, Inc. Tricia Ross +1-916-939-7285 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