SAN FRANCISCO and SHENZHEN, China, May
22, 2015 /PRNewswire/ -- Highpower International,
Inc. ("Highpower International" or "the Company")
(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 the Company's
wholly owned subsidiary, Icon Energy System Inc. (Icon), Ltd. was
awarded as "The Best Design Company of China's Energy Storage Industry" at the
5th China International Energy Storage Conference and
Exhibition held in Shanghai on
May 13-15, 2015.
"We are devoted to maintaining our leading market position as an
innovator in energy storage products. We continue to commit efforts
and resources on researching and developing new products to meet
the changing needs of the sector. In recent months, we have
received incredibly favorable interest and feedback from existing
and potential customers about our design capabilities. We have
begun to develop products for grid-level energy storage
applications, in addition to portable products for consumer
applications and stationary systems for residential and commercial
use. We expect to continue developing complex battery systems based
on our already-extensive experience, along with growing electrical
engineering capabilities. This award is validation that our
technology is sound and our products are gaining traction in the
marketplace," commented Mr. Terry
Guo, the Deputy General Manager of Icon.
About Highpower International, Inc.
Highpower International was founded in 2001 and produces
high-quality lithium and Nickel-Metal Hydride (Ni-MH)
rechargeable batteries and battery systems used in a wide
range of applications such as electric buses, energy storage
systems, mobile and wearable products, e-bikes, medical
equipment, digital and electronic devices, personal care, and
household products, etc. The company is also developing
emerging applications in areas such as drones, robotics, and
wireless charging technologies. With advanced manufacturing
facilities located in China, and over 100 patents in battery
materials, processing, and design, Highpower is committed to
clean technology, as well as environmental production.
Highpower's target customers are Fortune
500 companies and top 10 companies in each vertical
segment. The majority of Highpower'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.
Sherry Chen
+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
+1 (212) 836-9606
aprior@equityny.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/highpower-receives-best-design-award-at-the-5th-china-international-energy-storage-conference-and-exhibition-300087787.html
SOURCE Highpower International, Inc.