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BOLDER Technologies Reports Organizational Changes

5 October 2000

BOLDER Technologies Reports Organizational Changes

    GOLDEN, Colo., Oct. 5 BOLDER Technologies Corporation
announced that Paul C. Kelly, currently BOLDER's financial
controller, has been appointed chief financial officer, effective
October 9, 2000, replacing Joseph F. Fojtasek, who has resigned to pursue
other opportunities, according to Roger F. Warren, chairman, president and
CEO.
    Warren stated, "Since joining the Company in 1996, Joe has been
instrumental in supporting BOLDER's financing activities and has also been
effective in managing BOLDER's transition from a development stage company to
a fully operating business entity.  We wish him well in his next business
endeavor."
    Kelly, age 45, joined the Company in February 2000.  Prior to joining
BOLDER, Kelly, a CPA, was with the public accounting firms, Price Waterhouse
and Arthur Young, served in a number of key management positions with Coors
and its affiliated companies, and, most recently, was CFO at CET Environmental
Services.
    BOLDER Technologies Corporation, headquartered in Golden, Colorado,
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 use 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 near-term opportunities in the marine and auto
aftermarkets for 12V primary starting batteries.  BOLDER's website is
http://www.boldertech.com .
    BOLDER's TMF technology also has possible future applications in the
pending auto industry conversion from 12V to 36V systems, both directly
through vendor sales and indirectly through a license agreement with Johnson
Controls (JCI).  JCI uses the TMF technology for its Inspira(R) battery system
for 42V architectures and is highlighting the opportunity on its website:
http://www.johnsoncontrols.com/bg/NewTechnologies .
    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.

    CONTACT:  Investor Relations Department of BOLDER Technologies
Corporation, 303-215-7225; or Philip L. Thomas of The P. L. Thomas Group, Inc.
for BOLDER Technologies Corp., 312-704-1800.