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DGAP-News: iQ Power AG: iQ Power announces first major Commercial Sales Partner
iQ Power AG / Miscellaneous
04.09.2008
Release of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Zug, CH, September 4th, 2008.
T.B.H Batterietechnik Hilden, one of the leading specialists for battery
technology in commercial applications is the first major commercial sales
partner for iQ Power intelligent starter batteries.
In a comparison test performed by T.B.H. to a premium grade battery of a
leading European battery manufacturer, the iQ Power batteries proved to be
technically superior.
T.B.H supplies batteries and technical service to fleets, such as
municipalities as well as OEM, such as Vossloh-Kieper and the handicapped
vehicle manufacturer, REHA. T.B.H is one of the leaders in these market
segments.
Both companies believe that the advantages of long durability,
state-of-charge display and weight savings (leading to reduced fuel
consumption and CO2 emissions) will be decisive for purchasing decisions in
commercial applications.
Sales Kick-off for iQ Power batteries will take place at the Automechanika
International Trade Show in Frankfurt, Germany from 16.September.2008 until
21.September.2008. The entire Productline will be on display at booth C82
in Hall 3.0.
About iQ POWER.
iQ POWER AG has specialised in the development and marketing of intelligent
systems solutions for electrical power management (Smart Energy Management,
SEM(TM)) in on-board networks for cars and other vehicles. The company,
domiciled in Zug/Switzerland, developed the world’s first software-driven,
intelligent car battery, among other things. The development company
responsible for the invention is Munich-based iQ POWER Deutschland GmbH,
the wholly-owned subsidiary of iQ POWER AG. iQ POWER AG is listed as a
joint-stock company. Its shares are traded on the official market (General
Standard) of the German Stock Exchange in Frankfurt, and on the unofficial
markets at stock exchange centres in Berlin, Düsseldorf, Munich and
Stuttgart as well as through XETRA (ISIN: CH0020609688, WKN: A0DQVL, IQPB).
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More information can be obtained at www.iqpower.com.
Peter Krumhoff, +41.41.76 66-926, investor-relations@iqpower.com
04.09.2008 Financial News transmitted by DGAP [1]
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Language: English
Issuer: iQ Power AG
Baarer Strasse 137
6300 Zug
Schweiz
Phone: +41 41 7666 926
Fax: +41 41 7666 940
E-mail: investor-relations@iqpower.com
Internet: www.iqpower.com
ISIN: CH0020609688
WKN: A0DQVL
Listed: Regulierter Markt in Frankfurt; Freiverkehr in Berlin,
Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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