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BOLDER Technologies Reports Third-Quarter Results

27 October 2000

BOLDER Technologies Reports Third-Quarter Results

    GOLDEN, Colo., Oct. 27 BOLDER Technologies Corporation
reported net revenues for the third quarter ended
September 30, 2000 of $1,435,526, compared with $55,804 in the third quarter
of 1999.  The net loss for the quarter was $5.8 million, or $0.34 per share,
versus a loss of $4.7 million, or $0.40 per share, last year, according to
Roger F. Warren, chairman, president and CEO.
    Warren commented, "In the third quarter, we continued to establish
strategic distribution partners.  The opportunity to combine the Sears
Craftsman(TM) Brand with our award-winning Thin Metal Film (TMF(R)) technology
in a Craftsman Portable Jump Starter product is exciting.  In September, the
Company began shipments of the Sears Craftsman Portable Jump Starter, which
will be highly promoted by Sears in the fourth quarter of 2000.  Like the
SecureStart(TM), the Sears Craftsman Portable Jump Starter can be recharged in
minutes, weighs less than five pounds, has a built-in flashlight and can be
easily stored in any vehicle.  Other additions to our distribution base during
the quarter were Pep Boys, Fred Meyer, Bass Pro Shops and Federated Co-op in
Canada."
    BOLDER's SecureStart(TM) "SideKick 900" Intelligent Marine Starting
Battery system was successfully introduced at the Boating Show in Orlando in
September 2000 and will be available for retail sale by March 2001 to support
next year's boating season.  Warren continued, "The 'SideKick 900' solves a
common problem that over half the boat owners will experience -- a dead
battery.  In addition to the guaranteed start, our system will provide boat
owners with a 40 percent increase in accessory run time and will significantly
increase system life when combined with a deep cycle battery."

    Nine-Month Results
    Net revenues for the nine months ended September 30, 2000 were $2,375,384
versus $225,811 in the comparable period of 1999.  The net loss for the period
was $16.8 million, or $1.09 per share, compared with a loss of $13.0 million,
or $1.23 per share, in the nine months ended September 30, 1999.
    SecureStart(TM) 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(TM) 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.