VLNC Valence Technology, Inc. (MM)

Valence Technology, Inc. (NASDAQ:VLNC), provider of Saphion(R) technology, the industry's first commercially available, safe, large-format lithium-ion rechargeable battery technology, said today it has selected Pierpont Investor Relations to help manage its communication outreach program for shareholders and Wall Street professionals. Dean Bogues, president of worldwide sales, marketing and product development for Valence, stated, "Over the past year Valence has hired an experienced management team, developed new products, improved its manufacturing processes and penetrated new markets. In an effort to keep our shareholders and constituents in the financial community better informed of our progress, we have engaged Pierpont Investor Relations to assist us in that endeavor. Pierpont has an excellent track record of implementing successful IR programs, which we believe will be an important factor for our Company as we work to improve financial performance." About Valence Technology, Inc. Valence Technology develops and markets intelligent battery systems based on its Saphion(R) technology, the industry's first commercially available, safe, large-format Lithium-ion rechargeable battery technology. Valence Technology holds an extensive, worldwide portfolio of issued and pending patents relating to its Saphion technology and lithium-ion rechargeable batteries. The company has facilities in Austin, Texas, Las Vegas, Nevada, and Suzhou and Shanghai, China. Valence Technology is traded on the NASDAQ Capital Market under the symbol VLNC and can be found on the Internet at www.valence.com. About Pierpont Investor Relations Pierpont Investor Relations works with publicly traded companies and those engaged in the IPO process to establish a sophisticated communication presence among investors and Wall Street professionals. Pierpont Investor Relations, with offices in Austin and Dallas, is a unit of Pierpont Communications, Inc., the largest public relations firm in Houston. For more information, please visit the Company's Web site at www.piercom.com.