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MILTON, Ga., Aug. 16, 2012 (GLOBE NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE)
(www.exide.com),a global leader in stored electrical-energy solutions, today announced it has been awarded a contract to be the majority supplier for Pep Boys stores in the U.S. and Puerto Rico. Under this contract, Exide will provide automotive, marine, lawn and garden, and heavy duty/commercial batteries to Pep Boys. Pep Boys is a leading automotive aftermarket service and retail chain in the United States.
According to the contract, Exide will provide private-labeled, Pep Boys Pro-Start batteries for automotive, marine, lawn and garden, and heavy duty/commercial types. Exide has supplied private-labeled Bosch premium batteries to Pep Boys since 2008.
"Expanding our relationship with Pep Boys and offering solutions for battery consumers of all types provides a platform for Exide's continued growth in the transportation aftermarket," said Paul Hirt, President, Exide Americas. "We value our existing relationship with Pep Boys and look forward to continuing to provide the highest quality products for them and their customers now, and into the future."
About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.