Home > Press > Ener1 to Participate at Three Equity Research Conferences, and Will Also be Keystone Sponsor for Argonne National Laboratory's First International Con
Abstract:
Company to Present at Cowen & Co., America's Growth Capital, Alliance
Bernstein and Argonne National Laboratory's First International Conference
on Advanced Lithium-ion Batteries for Automotive Applications
Ener1 to Participate at Three Equity Research Conferences, and Will Also be Keystone Sponsor for Argonne National Laboratory's First International Con
New York, NY | Posted on September 8th, 2008
Ener1, Inc. (Amex: HEV), today announced its participation in several investor relations conferences
in September. Ener1 has been invited to present at three upcoming U.S. equity research conferences, and has also been invited to be a keystone sponsor of Argonne National Laboratory's ("ANL") First International Conference on Advanced Lithium-ion Batteries.
At Cowen & Co.'s Second Annual Clean Energy Conference this Wednesday,
September 10 at Le Parker Meridien Hotel in New York, both Charles
Gassenheimer, Chairman and CEO of Ener1, and Ulrik Grape, Executive Vice
President of Ener1 and CEO and President of EnerDel, will present. Ulrik
will be part of a hybrid electric and electric vehicle panel at 11:30 a.m.
EST that will also feature Jan-Olaf Willums, CEO of EnerDel's electric
vehicle supply partner, Think Global. The panel will explore the dual role
of electric vehicles: reducing the United States' dependence on foreign
oil, as well as reducing our greenhouse gas emissions. Additionally, the
panel will explore the role of power and utility companies in preparing for
mass deployment of re-charge capacity. Charles Gassenheimer will make a
corporate investor presentation at 3:30 p.m. EST. The webcast of Charles
Gassenheimer's investor presentation will be available at 4:30 p.m. EDT on
September 10, and may be accessed for 90 days via Ener1's website at
www.ener1.com .
Jerry Herlihy, CFO, will present on behalf of Ener1 at America's Growth
Capital Fifth Annual Emerging Growth Conference on Thursday, September 11,
at the Sheraton Boston in Boston, Massachusetts at 9:00 a.m. EDT.
Charles Gassenheimer will participate in a panel on hybrid vehicles at
the Alliance Bernstein Alternative Energy Conference on Tuesday, September
16, at the Hilton New York in New York at 11:45 a.m. EDT. Alliance
Bernstein has been an early leader in thematic research on Global Climate
Change and was the author of the "Abating Climate Change" research report
that suggests that the Lithium-ion battery market for automotive
applications could grow to $150 billion over the next 20 years.
In addition, Ener1 is a keystone sponsor of ANL's First International
Conference on Advanced Lithium-ion Batteries for Automotive Applications,
to be held on September 15-17 at the ANL facility in Argonne, Illinois. The
aim of the conference is to enhance the global research and development of
Lithium-ion batteries for transportation, to accelerate the discussion of
research and development problems, and to strengthen global collaboration.
EnerDel, Ener1's Lithium-ion battery subsidiary, and ANL recently received
the prestigious R&D 100 award for excellence in their collaborative efforts
to produce technology of outstanding quality and uniquely innovative
design.
####
About Ener1, Inc.
Ener1 develops and manufactures compact, high performance Lithium-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 at its EnerDel subsidiary located in
Indianapolis, which is building proprietary battery systems based on
technology originally pioneered with the assistance of the Argonne National
Lab.
Ener1 is seeking to become the first company to mass-produce a
cost-competitive Lithium-ion battery for hybrid and electric vehicles.
Demand for 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 automobile market, applications for Ener1 Lithium-ion battery
technology include medical, military, aerospace, electric utility and other
growing markets.
Major shareholders of Ener1 include 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. ITOCHU has annual revenue of
approximately $90 billion and offices in more than 80 countries. Ener1 has
also received funding from a growing number of institutional investors.
In addition to battery technology, Ener1 develops 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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