Kevin Quinn To Head Commercial Power Systems, Newest Division of EaglePicher Technologies

PHOENIX, May 15, 2003 -- Kevin J. Quinn has been named Vice President/General Manager of Commercial Power Systems, a newly formed division of EaglePicher Technologies, LLC. Craig Kitchen, president and CEO of EaglePicher Technologies, a privately held U.S. company, made the announcement noting, "We are establishing this new business to accelerate the growth of our company by bringing our high performance power storage technology to the commercial market."

Kitchen praised Quinn saying, "Kevin has the ability to make this new division the fastest growing business unit in EaglePicher, with an expected triple-digit growth rate for the next three years. His experience, skills and energy level make him uniquely capable of quickly building a high-talent team and driving exceptional business results in our newest venture."

The Commercial Power Systems Division is expected to be the single most significant area for growth within EaglePicher, Inc. To facilitate the acceleration of that growth, the decision was made to establish this business as a stand-alone division. The company plans to drive these aggressive growth expectations by identifying and developing the most promising new technology in batteries and related products. They are investing aggressively in the development of new products and working with the best R&D companies in the world to commercialize new technologies. According to Kevin Quinn, "Our charter is to bring the best battery and power storage technologies in the world to bear on industry's most challenging problems."

Kitchen continued, "Kevin brings to this position a proven record of leadership with technology companies, and a passion for establishing and implementing innovative business strategies to accelerate growth."

Quinn most recently served as Corporate Vice President of Strategy and Business Development for EaglePicher, Inc. Before joining EaglePicher, Quinn was Vice President of Marketing and Business Development for Honeywell Industrial Automation & Controls, where he was responsible for the business strategy and market growth of a $1.6 billion global process automation business. Prior to Honeywell, Quinn was Vice President and General Manager of AlliedSignal Specialty Films Business, where he led the growth of a $200 million high performance materials business. Quinn brings a wealth of experience in growing businesses at leading technology companies including DuPont, GE, and ICI.

Quinn holds an MBA in General Management from the Wharton Business School. He obtained his B.S. in Biochemistry from the University of Illinois.

EaglePicher Technologies, LLC, a wholly owned subsidiary of EaglePicher Incorporated, has facilities in Colorado, Missouri, Oklahoma, Kansas and Canada. The operating unit develops and markets advanced high-reliability power systems and associated electronics for government, space and commercial applications. It also processes Boron isotopes, anticancer pharmaceutical ingredients, germanium and ultra clean scientific containers. Areas of focus include semiconductors, telecommunications, nuclear power plants, space, defense, environmental, and pharmaceutical/biotech. Additional information is available on the internet at www.eaglepicher.com .

EaglePicher Incorporated, headquartered in Phoenix, Arizona, is a diversified manufacturer and marketer of innovative, advanced technology and industrial products and services for space, defense, environmental, automotive, filtration, pharmaceutical, nuclear power, semiconductor and commercial applications worldwide. The company has 4,000 employees and operates more than 30 plants in the United States, Canada, Mexico, the U.K. and Germany. Additional information on the company is available on the Internet at www.eaglepicher.com .

This release contains statements which, to the extent that they are not recitations of historical fact, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. These include any statements about future business operations, financial performance or market conditions. Such forward-looking information involves risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are discussed in EaglePicher Holding's filings with the U.S. Securities and Exchange Commission.