Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Axion Power Residential Energy Storage Hub Certified To UL, CSA Safety Standards

Stock quotes in this article: AXPW 

The basic "plug and play" HUB residential system includes PbC batteries and all the necessary electronics including a bi-directional inverter and electronics that modify operation to 4-quadrant functionality. Other premium products would add features to produce exceptionally clean undistorted power when used with renewables, such as solar or wind, the utility grid, or from generators. 

About Axion Power™ International, Inc. Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

Axion Power International, Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes its new PbC battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world utilizing Axion's proprietary carbon electrodes. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.

For more information, visit www.axionpower.com

Contacts

Axion Power International, Inc. Thomas Granville, CEO (724) 654-9300

Allen & Caron Inc Rudy Barrio (Investors) r.barrio@allencaron.com(212) 691-8087

SOURCE Axion Power International, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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