SUPERLATTICE
POWER INC. (OTCBB: SLPO) ANNOUNCES ITS CORPORATE UPDATE
Mooresville, NC – March 29, 2010 -
Superlattice Power, Inc. (OTCBB: SLPO)
(www.superlatticepower.com), emerging leader in the development and marketing
of next generation lithium-powered batteries worldwide, is pleased to announce
its corporate update:
Superlattice
Power technologists have resourced a new cathode material which is a safe
manganese-based, mixed oxide with minimum thermal run away. This material is
environmentally friendly and able to deliver 10-20% more energy density as
compared to currently commercially available cathode materials. The new battery
design has been developed to decrease all internal resistance and is able to
charge a battery pack faster; at present using a unique charging algorithm, and
a suitable high power charger, a battery pack can be charged within 1 hour. The
new battery pack design using new this technology has made it possible to drive
a car up to 200 miles on a charge.
Superlattice
Power’s facility is continuously evaluating new technologies in the field of
lithium ion batteries from several sources around the world. The technology
developed at Superlattice Power has taken accounted for all factors that affect
battery performance and has critically analyzed new cathode and anode
materials, separators, high conductive electrolytes, cell kinetics and material
thermodynamic behavior supplied by different sources. The technical analysis
and its implementation in cell design has been used to redesign battery
management systems for different chemistries and the main objective is to
increase the mileage of electric vehicles and safety.
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
