Lithium Technology Corporation Launches a New Website
PLYMOUTH MEETING, Pa.--April 6, 2006--Lithium Technology Corporation ("LTC") (OTC Bulletin Board: LTHU), a leading manufacturer in the rapidly emerging large format rechargeable Lithium battery market, announced today that it has launched a new website: lithiumtech.comThe new website features extensive background on the company, the Li-ion technology, the markets, and last but not least the standard cells that the company manufactures. All the information is organized in a clear and easy to use form. Prospective customers could get the initial technical information that they need to asses the company's superior technology and the technical capability, and easily contact the company through the internet.
The website also details some of the technical achievements that the company has made during the last year, from which new potential customers can use as case studies for their own customized solutions.
Dr. Andrew J. Manning, President and COO, commented: "The new website reflects the growth of LTC and GAIA over the past year. We have increased cell production ten fold and in response to our customer's needs, we are now providing custom engineered batteries and power solutions. Our cells and batteries are used today in the world's most demanding applications from NASA robots to unmanned underwater vehicles to hybrid electric vehicles / electric vehicles throughout the US and Europe. We have moved from being just a cell manufacturer to integrating battery systems and developing close relationships with our customers. We provide them with the best service and work with them to develop the right solutions to their individual needs."
About Lithium Technology Corporation
Lithium Technology Corporation (and its wholly owned subsidiary GAIA Akkumulatorenwerke, GmbH in Germany) is a manufacturer of large format rechargeable Lithium Ion batteries for military, automotive and industrial applications. LTC customers include top tier contractors to the military and suppliers to industrial concerns requiring advanced, safe, durable, high power rechargeable power supplies for their applications and the development of new technology. LTC is leveraging its expertise in high power and large battery assemblies to commercialize advanced lithium batteries as a new power source in the military and national security systems, transportation and stationary power markets with a particular focus on the U.S. and European geographic market segments where the customers prefer a domestic supplier.
LTC manufactures the GAIA(R) product line of large, high power hermetically sealed rechargeable lithium ion cells and batteries. The Company's product portfolio includes large cells and batteries from 10 times the energy of a standard laptop computer battery to 100,000 times greater. LTC produces high power cells designed for HEVs and military applications that can discharge hundreds of amps in times as short as a few minutes, and high capacity cells for applications such as back-up power and remote standby installations. Cells are manufactured in both cylindrical and flat form and employ proprietary extrusion, design and assembly technology. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with electronics (battery management systems) and electronics to communicate with other components of the system for performance monitoring.
LTC and LTC's GAIA Akkumulatorenwerke GmbH subsidiary operating in Nordhausen, Germany, have contracted with ThyssenKrupp (the largest builder of non-nuclear submarines) to provide power supplies for underwater propulsion of manned submarines. Other applications include a lighter-than-air communication "stratellites"; unmanned surveillance vehicles (air, land, and underwater based); surface to air missiles with a major US defense contractor; standby power applications; renewable energy generation sources (windmills); and hybrid electric vehicles ("HEV") and electrical vehicles ("EV").
Lithium Technology has two principal centers of operation - in Plymouth Meeting, Pennsylvania and in Nordhausen, Germany. The Plymouth Meeting office is also the corporate headquarters for the Company. Sales into the U.S. and European markets are managed out of each of the offices.
For additional information on the Company's technology and products, please visit http://www.lithiumtech.com