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Ener1, Inc. (Amex: HEV), an energy storage solutions company, will release its second quarter results on Thursday, August 14, 2008 before the market opens. Management will conduct a conference call on the same day at 10:00 a.m. Eastern Standard Time, to discuss the second quarter results and the company's financial and strategic outlook for 2008.
The call is being webcast by Thomson Financial and can be accessed on the home page of Ener1's website at www.ener1.com.
To participate in the conference call, please dial 1-888-680-0894 from within the United States, or 617.213.4860 from outside the United States. The participant pass code is 26950094.
Participants are urged to dial into the call at least ten minutes prior to the call to register, or may pre-register for the call at: https://www.theconferencingservice.com/prereg/key.process?key=PAN8PUL8M
Pre-registrants will be issued a pin number to use when dialing into the live call, which will provide quick access to the conference and will bypass the operator upon connection.
A recording of the call will be available until August 21, 2008. To access the recording, please dial 888-286-8010 from within the United States, or 617-801-6888 from outside the United States. The participant pass code is 95621991.
About Ener1, Inc.
Ener1 develops and manufactures compact, high performance lithium-ion (Li-ion) batteries to power the next generation of hybrid and electric vehicles. The publicly traded company (AMEX: HEV) is led by an experienced team of engineers and energy system experts who are building proprietary innovations based on technology originally pioneered at the Argonne National Lab, the engineering and chemistry teams at its lithium-ion battery subsidiary in Indiana, and the assistance of ITOCHU Corporation.
Ener1 makes its batteries in Indiana, in a state-of-the-art facility, and expects to be the first company to mass-produce a cost-competitive lithium-ion battery for hybrid and electric vehicles in the United States. Demand for cost effective battery solutions is being driven by a need to reduce dependence on oil as well as growing concern about vehicle emissions. In addition to the autos, applications for Ener1 technology include military and aerospace, utilities and industrial, medical, and other growing markets.
The company recently received the prestigious R&D 100 award for excellence in its technology and uniquely innovative design. The award is shared by Ener1 and its research partners at Argonne. Ener1 is an active member of the United States Advanced Battery Consortium, which works closely with automakers, component companies and others to accelerate the commercial development of new battery technology.
Major shareholders are Ener1 Group, Inc., a privately held, global investment and advisory firm, and ITOCHU Corporation, a Japanese trading company and distributor of manufacturing equipment essential to lithium-ion battery production that has annual revenue of approximately $90 billion and offices in more than 80 countries. Ener1 also receives funding from a number of institutional investors.
Ener1 is also developing commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary.
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