Advanced Battery Technologies Develops New PLI Battery Technology

Exceeds National Standards in 7 Tests for Safety & Performance and 8 Tests of Its Electrical Properties

Advanced Battery Technologies, Inc. (AMEX: GBT) today announced that it has successfully developed a polymer lithium-ion (PLI) battery cell using lithium iron phosphate. Advanced Battery Technologies, Inc. develops, manufactures, and distributes rechargeable polymer lithium-ion (PLI) battery cells.

The new PLI battery technology provides significant advantages over existing battery cell technologies, including greater resistance to overcharge, increased safety and a longer life cycle. This new technology is particularly well-suited for use in electric vehicles including motorcycles, automobiles, and specialty vehicles such as street cleaners.

The new battery cell reached or exceeded national standards in seven tests for safety and performance, and eight tests of its electrical properties. It has garnered the attention of China's most authoritative institutions, including recognition by the Beijing 2008 Olympic Games Committee.

"We are extremely pleased with the superior performance of our new PLI battery cell technology," stated Mr. Zhiguo Fu, Advanced Battery's Chairman and CEO. "Development of this new technology demonstrates our commitment to creating a diversified product line that will enable Advanced Battery Technologies to meet and exceed market demand, and remain the leading provider of advanced PLI battery cells," Mr. Fu concluded.
Source: money.cnn.com