SUPERLATTICE POWER INC. (OTCBB: SLPO) RESEARCH GROUP TO ESTABLISH A FULLY AUTOMATIC MANUFACTURING UNIT OF LITHIUM ION BATTERIES FOR ELECTRIC VEHICLE APPLICATIONS
Mooresville, NC – July 28, 2009 -Superlattice Power Inc. (OTCBB: SLAT)
(www.superlatticepower.com),
emerging leader in the development and
marketing of next generation lithium-powered batteries worldwide,
proudly
announces: Superlattice Power Inc. is in the final stage of
negotiations
with an Asian company for setting up a pilot scale production unit of
Lithium Ion polymer batteries. The first production line will be
located
in Mooresville, NC, USA.
Superlattice Power Inc. is developing batteries for electric as well as
hybrid vehicles. The new manufacturing plant will have an initial
estimated
rate of producing 36,000 unit cells per year equivalent to 450 electric
vehicles. Once fully operational, Superlattice Power Inc. will achieve
the
targeted production capacity of approximately 100,000 cells annually.
Superlattice Power Inc. is a Lithium Ion battery company which has
developed a cathode material for Lithium Ion batteries and thermal
management system for EV battery packs, with a capacity nearly 1.5 times
greater than the present commercially available cathode materials.
Superlattice Power Inc. is also engaged in the battery pack design
activities in collaboration with EV Innovations Inc. and has a
contractual
agreement with EV Innovations Inc. to supply the Lithium Ion batteries
for
their Electric Vehicles.
The objective of Superlattice Power Inc. is to manufacture and develop
the
safe rechargeable lithium ion batteries for onboard energy storage in
HEVs
and EVs. The technical success of the company is insured by its
proprietary battery module design, battery cell management systems,
charging algorithm and battery thermal management system. Superlattice
Power has a team well trained in lithium ion battery technology and has
received support from different manufacturers worldwide.
About Superlattice Power: www.superlatticepower.com
Media Contact: pr@superlatticepower.com
Investor Relations: 1-888-641-3912, ir@superlatticepower.com
For Further Information: info@superlatticepower.com
Forward-Looking Statement:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ. Materially from those anticipated or implied in the forward-looking statements | 
