SAN FRANCISCO and SHENZHEN, China, Sept.
3, 2014 /PRNewswire/ -- Highpower International, Inc.
(NASDAQ: HPJ), a developer, manufacturer, and marketer of
lithium and nickel-metal hydride (Ni-MH) rechargeable batteries,
and a battery management systems and battery recycling provider,
today announced that it has started shipping its 4600 mAh lithium
battery product developed for the newly introduced Acer Iconia Tab
8, a tablet offering consumers high-end features including 7.5
hours of continuous video watch time.
Mr. George Pan, Chairman and CEO
of Highpower, commented, "Acer is a world-famous brand, and we are
pleased to serve as a contributor to this newest high-end
tablet. We feel that our battery performance and quality,
along with our extensive industry experience will allow us to gain
more market share as a provider to a growing worldwide tablet
market in the coming years. Highpower is a battery
manufacturer capable of applying our expertise to a number of
different markets, and our new relationship with Acer is strong
evidence that our product offering is gaining traction in the
rapidly growing mobile device market."
The Acer Iconia Tab 8 is an 8-inch Android tablet featuring an
Intel Atom Z3745 processor, 1920x1200 resolution, and 2GB
RAM. The Acer Iconia Tab 8 is now available for purchase at
Gome, one of China's largest
electronic device chain stores, and may be available at the
worldwide markets in the coming months.
About Highpower International, Inc.
Highpower International was founded in 2001 and produces
high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based
rechargeable batteries used in a wide range of applications such as
electric buses, bikes, energy storage systems, power tools, medical
equipment, digital and electronic devices, personal care products,
and lighting. Highpower's target customers are Fortune 500
companies, and top 10 companies in each vertical segment. With
advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou of China, Highpower is committed to clean
technology, not only in the products it makes, but also in the
processes of production. The majority of Highpower International's
products are distributed to worldwide markets mainly in
the United States, Europe, China
and Southeast Asia.
Forward Looking
Statements
This press release contains "forward-looking statements" within
the meaning of the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that are not
historical facts. These statements can be identified by the
use of forward-looking terminology such as "believe," "expect,"
"may," "will," "should," "project," "plan," "seek," "intend," or
"anticipate" or the negative thereof or comparable terminology, and
include discussions of the Company's future performance, operations
and products. Such statements involve known and unknown
risks, uncertainties and other factors that could cause the
Company's actual results to differ materially from the results
expressed or implied by such statements, including, our ability to
successfully expand sales of our lithium battery product in the
mobile device market and our ability to effectively compete in that
market. For a discussion of these and other risks and
uncertainties see "Risk Factors" and "Management's Discussion
and Analysis of Financial Condition and Results of Operations" in
the Company's public filings with the SEC. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct. The
Company has no obligation to update the forward-looking information
contained in this press release.
CONTACT:
Highpower International, Inc.
Fendi Yang
+86-755-8968-6521
ir@highpowertech.com
INVESTOR RELATIONS:
The Equity Group Inc.
In China
Katherine Yao, Associate
+86-10-6587-6435
kyao@equityny.com
In U.S.
Adam Prior, Senior Vice
President
(212) 836-9606
aprior@equityny.com
SOURCE Highpower International, Inc.