Exide Technologies To Unveil New Exide Select Orbital(R) Logo At This Weekend's Meadow Brook Concours D'Elegance
Exide Technologies To Unveil New Exide Select Orbital(R) Logo At This Weekend's Meadow Brook Concours D'Elegance
Chairman Robert A. Lutz to be Chief Judge at Show PRINCETON, N.J., Aug. 3 Exide Technologies , the global leader in stored electrical-energy solutions, will unveil a new logo for its premium spiral-wound Exide Select Orbital(R) battery line at the 2001 Meadow Brook Concours d'Elegance classic-car show, considered to be one of the top two shows of its kind in the United States. A co-sponsor of the August 5 event in Rochester, Michigan, the company will distribute Exide Select Orbital(R) -branded canvas sport bags to all show exhibitors. Robert A. Lutz, Exide Technologies' Chairman and Chief Executive Officer, also will serve as chief judge at the internationally acclaimed event. The annual Meadow Brook Hall Concours d'Elegance is billed as one of the world's most spectacular celebrations of the classic automobile. Each year, more than 20,000 people attend the show to experience the beauty of the art, styling and sophistication of hundreds of the world's finest antique and classic cars displayed in a lavish outdoor exhibition. Exide Technologies chose this high-profile venue to introduce the new logo for its high- performance Select Orbital(R) product line. The unique, spiral-wound design of the Exide Select Orbital(R) (sold as the Maxxima(R) brand in Europe) provides unmatched standing reserve and rapid rechargeability that make the product a leading power choice among today's classic-car enthusiasts. "Keeping a vintage car in peak running condition starts with the right battery, which is why the Exide Select Orbital(R) plays the lead role in our sponsorship of this event," said Lutz. "And the high-tech look of the new Select Orbital(R) logo symbolizes the future of the new Exide Technologies." A number of unique features make the Exide Select Orbital(R) the preferred power choice for seldom-driven classic automobiles. It holds its charge longer -- and has a shelf life three times longer -- than conventional batteries. As the only spiral-wound, absorbed-glass-mat lead-acid battery that has withstood the rigors required for original-equipment certification, the Exide Select Orbital(R) incorporates a highly efficient design and construction of tightly wound plates that provide unparalleled power among conventional automotive batteries. The battery can be recharged in a fraction of the time, has greater output and resists vibration better than any other lead-acid battery. Because the Exide Select Orbital(R) is completely sealed, it virtually eliminates leaks and spills. It is extremely resistant to vibration, heat and cold, and offers greater safety because it contains no free liquid electrolyte and does not produce gas. While the Exide Select Orbital(R) is the ideal power source for classic cars, it also is the best battery for today's high-performance vehicles and tomorrow's high-tech cars. Cold cranking amps (CCA) and reserve capacity (RC) once were the primary factors for selecting a battery. However, that is changing. For instance, according to industry experts, basic vehicle electrical loads and power requirements dictated by such devices as mobile GPS systems, high-end car stereos, fog lights, mobile entertainment systems and security systems have doubled since the 1980s. And because today's high- performance vehicles have changed so dramatically and now demand stronger, more reliable power, the Exide Select Orbital(R) battery line is fast becoming the leading choice for maintaining peak engine and electrical system performance. Beyond traditional and classic cars, the Exide Select Orbital(R) is now also the battery of choice in all Saleen S7 street and racing vehicles, in electric vehicles such as Corbin Motor's Sparrow II and in hybrid vehicles such as a hybrid-electric bus in Berlin. "I'm really looking forward to judging this year's entries at Meadow Brook," said Lutz. "The vehicles at this event are designs that have endured long beyond their model years." About Exide Technologies: Exide Technologies is the world's largest industrial and transportation battery producer and recycler, with operations in 89 countries. Industrial applications include network-power batteries for telecommunications systems, fuel-cell load leveling, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS) markets; and motive-power batteries for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles. Transportation uses include automotive, heavy-duty truck, agricultural, marine and other batteries, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers. Further information about Exide Technologies, its financial results and other information can be found at http://www.exide.com . Media contact: Tim Yost, 734-827-3282 or 734-649-8259 (mobile); tyost@exideworld.com Investor contact: Thomas J. Smith, 609-919-4946; tsmith@exideworld.com Certain statements in this press release may constitute forward-looking statements as defined by the Securities Litigation Reform Act of 1995. As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements. These are enumerated in further detail in the company's Form 10-K.
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