Target Stores Will Offer SecureStart(TM) Portable Jump Starter
20 April 2000
BOLDER Technologies Reports That Target Stores Will Offer SecureStart(TM) Portable Jump StarterGOLDEN, Colo., April 19 BOLDER Technologies Corporation (Nasdaq: BOLD) announced that it has shipped an initial order of its SecureStart(TM) Portable Jump Starter product to Target stores this month and that the product will begin to appear in a majority of their 900 stores in late April, according to Roger F. Warren, chairman, president and CEO. Warren commented, "We are very pleased to add a leading mass merchandiser like Target stores to the list of retail stores that now offer our SecureStart product. This is a huge step towards our goal of making SecureStart available to the majority of North American consumers by this fall." "The SecureStart Portable Jump Starter product is now available in approximately 4,100 outlets in North America, including Sears Mall, Sears Dealer and Sears Hardware stores, G.I. Joe Auto and Sporting Goods, The Tool Stores in Michigan and Home Hardware, the largest hardware chain in Canada. We fully expect to continue to build our retail distribution base for SecureStart in mass merchandiser, auto after market and other channels as the year progresses," Warren concluded. SecureStart Portable Jump Starter is a small, lightweight, rechargeable device that can provide an instant engine start on a dead battery in a car, truck, tractor or boat. The SecureStart features a built-in flashlight and cable clamps for jump starting, weighs less than five pounds, can be easily stored in any vehicle and recharges in minutes. BOLDER Technologies Corporation, headquartered in Golden, CO, manufactures and markets advanced, high-power rechargeable batteries based on its patented Thin Metal Film (TMF(R)) technology. The Company is developing and commercializing consumer and OEM battery products with the TMF technology, including the SecureStart(TM) Portable Jump Starter that uses proven lead-acid electrochemistry in a proprietary configuration with a higher power density than any commercially available rechargeable battery. The TMF technology offers numerous advantages over existing batteries for current and future applications, including primary engine-starting functions for the sizable marine and auto battery after markets. BOLDER's TMF technology also has possible future applications in the pending auto industry conversion from 12V to 36V systems, both directly and indirectly through its license agreement with Johnson Controls. BOLDER's website is http://www.boldertech.com . Certain statements in this press release are forward-looking in nature and, accordingly, are subject to risks and uncertainties. The actual results may differ materially from those described or contemplated.