Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Ener1 Announces Headquarter Transition to New York

Abstract:
Ener1, Inc. (Amex: HEV), maker of advanced battery technology to power the next generation of hybrid, electric and plug-in vehicles, today announced that it has officially moved its world headquarters to New York City. The Company's New York office address is 1540 Broadway, Suite 25C, New York, NY 10036.

Ener1 Announces Headquarter Transition to New York

New York, NY | Posted on August 12th, 2008

Ener1 moved to its new offices in New York in May in preparation for its listing on the American Stock Exchange (AMEX) on May 8, 2008. This was part of a strategic move to relocate the corporate headquarters to New York. The Company has exited its Ft. Lauderdale offices at 500 West Cypress Creek Road and will be subleasing the premises for an approximate saving of $330,000 in cash lease payments through the original lease termination date. Administrative offices in Florida have been consolidated into 1751 Cypress Creek Road, which is owned outright by Ener1. The Ft. Lauderdale office is a research and development center for the development of advanced coating applications and electrode manufacturing processes at its NanoEner division. EnerFuel's location in West Palm Beach is unchanged.

"Relocating our headquarters to New York allows us to more readily access our significant and growing presence in Indianapolis, Indiana, our domestic and international customer base, as well as allowing us closer proximity to our institutional investors," said Ener1 Chairman, Charles Gassenheimer. "New York is one of the few cities to offer such a unique global platform."

####

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 is seeking 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.

For more information, please click here

Contacts:
INVESTOR RELATIONS:
Rachel Carroll
VP Corporate Communications
P: 212 920 3500


MEDIA RELATIONS:
Jon Coifman
Waggener Edstrom Worldwide
P: 212 907 6516

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Raman Whispering Gallery Detects Nanoparticles September 1st, 2014

A new, tunable device for spintronics: An international team of scientists including physicist Jairo Sinova from the University of Mainz realises a tunable spin-charge converter made of GaAs August 29th, 2014

Nanoscale assembly line August 29th, 2014

New Vice President Takes Helm at CNSE CMOST: Catherine Gilbert To Lead CNSE Children’s Museum of Science and Technology Through Expansion And Relocation August 29th, 2014

Openings/New facilities/Groundbreaking/Expansion

RMIT delivers $30m boost to micro and nano-tech August 26th, 2014

SEMATECH and Newly Merged SUNY CNSE/SUNYIT Launch New Patterning Center to Further Advance Materials Development: Center to Provide Access to Critical Tools that Support Semiconductor Technology Node Development August 7th, 2014

Oxford Instruments Asylum Research Opens an Atomic Force Microscopy Demonstration Lab in Mumbai, India July 21st, 2014

Sono-Tek Corporation Announces New Clean Room Rated Laboratory Facility in China July 18th, 2014

Announcements

Raman Whispering Gallery Detects Nanoparticles September 1st, 2014

Nanoscale assembly line August 29th, 2014

New analytical technology reveals 'nanomechanical' surface traits August 29th, 2014

New Vice President Takes Helm at CNSE CMOST: Catherine Gilbert To Lead CNSE Children’s Museum of Science and Technology Through Expansion And Relocation August 29th, 2014

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics

New analytical technology reveals 'nanomechanical' surface traits August 29th, 2014

Picosun joins forces with IMEC for novel, industrial ALD applications August 25th, 2014

Graphene may be key to leap in supercapacitor performance August 20th, 2014

Could hemp nanosheets topple graphene for making the ideal supercapacitor? August 12th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE