Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Exide Technologies Opens New Global Technology Center

Abstract:
Exide Technologies, (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions, today opens its new Global Technology Center at the Company's Milton, Georgia world headquarters.

Exide Technologies Opens New Global Technology Center

Milton, GA | Posted on January 27th, 2010

The 20,000 square-foot technology center, an important part of the Company's Global Research, Development and Engineering (Global RD&E) organization, is one of three new or upgraded engineering centers dedicated to development of various forms of stored energy. Exide's two other laboratories are located in Azuqueca, Spain and Büdingen, Germany.

The new technology center includes analytical, electronics and prototype battery laboratories, world-class instrument rooms as well as a garage for hybrid electric vehicle (HEV) product development - an environment that enables advanced R&D surrounding emerging applications for stored electrical energy. In addition, the facility is designed with a number of environmentally-advanced technologies that enhance the Company's green profile. These include energy-efficient lighting, solar panels on the roof and a wastewater recycling system.

In addition to building and enhancing its R&D centers, the Company has added 60 science and engineering professionals - 40 positions in Milton alone - in design, process engineering, metals, carbons, ceramics and polymers and other disciplines.

"Exide is dedicating our new Global Technology Center at a pivotal time in our Company's history," said E.J. O'Leary, President and Chief Operating Officer of Exide Technologies. "Now, more than ever, global demand is increasing for innovative technologies designed to meet complex and environmentally-sound energy storage needs."

Global Research, Development and Engineering at Exide Technologies

The Exide Global RD&E organization is dedicated to utilizing battery chemistries, including lead-acid, lithium ion and technologies across applications to maximize performance and accelerate the global growth of new products across multiple product lines and businesses. Specifically the organization is focused on engineering and product development in emerging renewable energy (solar and wind) with large storage applications as well as the development of batteries for HEV applications.

In lead-acid chemistry alone, Exide is exploring many areas, including improvements to Exide's spiral-wound technology and lead-carbon hybrid batteries; alternative electrode compositions, structures, substrates; and improvements to gel technology for solar power energy storage.

Exide announced last summer that it was awarded $34.3 million in federal funding under the American Recovery and Reinvestment Act of 2009 for its proposal for the domestic manufacture of affordable lead-acid batteries incorporating advanced carbon technology. Exide's project involves two of its global technologies: a spiral wound absorbed glass mat (AGM) design and a flat plate AGM design.

"With this new facility and our external relationships, the Global Research, Development and Engineering organization at Exide Technologies is making important strides and exploring some exciting new dimensions - developing new materials, products and processes to build a solid technology foundation and infrastructure for the future," said Dr. Paul Cheeseman, Vice President, Global Engineering and Research of Exide Technologies. "Our team is working on the advancement of multiple technologies - those that may enable breakthrough products or significant new product platforms - for implementation during the next two to five years."

Technology Partnerships

Exide has entered a number of Technology Partnerships to advance RD&E initiatives and provide opportunities to improve the competitiveness of its product portfolio for transportation, network power and motive power applications. The partnerships include:

* Axion Power International, Inc., a developer of advanced batteries and energy storage products that incorporate patented lead-carbon battery technology (PbC Technology™). This collaboration provides a multi-dimensional structure of expertise that fuels Exide's ability to expedite the development of advanced lead-acid batteries and new chemistries for use in product development, broadening opportunities in transportation channels.

* The U.S. Department of Energy's Savannah River National Laboratory (SRNL) and the University of Idaho. The alliance will help develop and commercialize improvements on lead-acid battery technology. The laboratory's scientists have recently developed unique glass microsphere technology now being considered and developed for a variety of commercial uses, including battery additives to enhance performance.

* Nano-Terra, Inc., a leading surface engineering and nanotechnology co-development company. Nano-Terra will use its expertise in surface chemistry and surface engineering to create a number of innovative functionalities for stored energy solutions manufactured by Exide for motive power, network power and transportation applications.

"The Milton Global Technology Center, along with our other technology centers, mark a milestone in the 122-year history of Exide Technologies," said Gordon Ulsh, Chief Executive Officer of Exide Technologies. "Our renewed emphasis on R&D, new partnership initiatives and innovative products already on the market are preparing Exide to meeting the future as a strong, competitive provider of stored electrical energy technologies for a 21st century world that is increasingly mobile, energy-hungry and environmentally-sensitive."

Forward-Looking Statements
Except for historical information, this press release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act.

Examples of forward-looking statements include, but are not limited to (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure, and other financial items, (b) statements of plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (c) statements of future economic performance, and (d) statements of assumptions, such as the prevailing weather conditions in the Company's market areas, underlying other statements and statements about the Company or its business.

Factors that could cause actual results to differ materially from these forward looking statements include, but are not limited to, the following general factors such as: (i) the Company's ability to implement and fund based on current liquidity business strategies and restructuring plans, (ii) unseasonable weather (warm winters and cool summers) which adversely affects demand for automotive and some industrial batteries, (iii) the Company's substantial debt and debt service requirements which may restrict the Company's operational and financial flexibility, as well as imposing significant interest and financing costs, (iv) the litigation proceedings to which the Company is subject, the results of which could have a material adverse effect on the Company and its business, (v) the realization of the tax benefits of the Company's net operating loss carry forwards, which is dependent upon future taxable income, (vi) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (vii) competitiveness of the battery markets in the Americas and Europe, (viii) risks involved in foreign operations such as disruption of markets, changes in import and export laws, currency restrictions, currency exchange rate fluctuations and possible terrorist attacks against U.S. interests, (ix) general economic conditions, (x) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs, (xi) the Company's reliance on a single supplier for its polyethylene battery separators, (xii) the Company's ability to successfully pass along increased material costs to its customers, (xiii) the loss of one or more of the Company's major customers for its industrial or transportation products, (xiv) recently adopted U.S. lead emissions standards and the implementation of such standards by applicable states, and (xv) the ability of the Company's customers to pay for products and services in light of liquidity constraints resulting from global economic conditions and restrictive credit markets, and (xvi) those risk factors described in the Company's fiscal 2009 Form 10-K filed on June 4, 2009 and the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2009.

The Company cautions each reader of this report to carefully consider those factors set forth above. Such factors have, in some instances, affected and in the future could affect the ability of the Company to achieve its projected results and may cause actual results to differ materially from those expressed herein.

####

About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are available at www.exide.com.

For more information, please click here

Contacts:
MEDIA CONTACTS:
Jeannine Addams
Kristin Wohlleben
J. Addams & Partners, Inc.
404/231-1132 phone



INVESTOR CONTACT:
Carol Knies
Senior Director of Investor Relations
Exide Technologies
678/566-9316 phone

Copyright © Exide Technologies

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

A new approach to ultrafast light pulses: Unusual fluorescent materials could be used for rapid light-based communications systems September 19th, 2017

New quantum phenomena in graphene superlattices September 18th, 2017

Do titanium dioxide particles from orthopedic implants disrupt bone repair? September 16th, 2017

Hydrogen power moves a step closer: Physicists are developing methods of creating renewable fuel from water using quantum technology September 15th, 2017

Openings/New facilities/Groundbreaking/Expansion

Aculon Expands NanoProof® Product Line for Electronics Waterproofing Technology: With growing market opportunities Aculon Launches NanoProof® 8 with Push Through Connectivity™ and NanoProof® DAB a syringe application May 30th, 2017

GLOBALFOUNDRIES and Chengdu Partner to Expand FD-SOI Ecosystem in China: More than $100M investment to establish a center of excellence for FDXTM FD-SOI design May 23rd, 2017

GLOBALFOUNDRIES Expands to Meet Worldwide Customer Demand: Company invests for capacity growth in the United States, Germany, China and Singapore February 10th, 2017

Portable superconductivity systems for small motors: Cambridge University lab achieves a breakthrough for portable superconductivity systems that are applicable for small motors, health care and other uses February 8th, 2017

Announcements

A new approach to ultrafast light pulses: Unusual fluorescent materials could be used for rapid light-based communications systems September 19th, 2017

New quantum phenomena in graphene superlattices September 18th, 2017

Do titanium dioxide particles from orthopedic implants disrupt bone repair? September 16th, 2017

Hydrogen power moves a step closer: Physicists are developing methods of creating renewable fuel from water using quantum technology September 15th, 2017

Energy

Insect eyes inspire new solar cell design from Stanford August 31st, 2017

The power of perovskite: OIST researchers improve perovskite-based technology in the entire energy cycle, from solar cells harnessing power to LED diodes to light the screens of future electronic devices and other lighting applications August 18th, 2017

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

Automotive/Transportation

More durable, less expensive fuel cells: University of Delaware researchers have developed a new technology that could speed up the commercialization of fuel cell vehicles September 5th, 2017

High-tech electronics made from autumn leaves: New process converts biomass waste into useful electronic devices August 30th, 2017

Nanoparticles pollution rises 30 percent when flex-fuel cars switch from bio to fossil: Study carried out in São Paulo, home to the world's largest flex fuel urban fleet, shows increase of ultrafine particulate matter when ethanol prices rose and consumption fell August 28th, 2017

2-faced 2-D material is a first at Rice: Rice University materials scientists create flat sandwich of sulfur, molybdenum and selenium August 14th, 2017

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

How to draw electricity from the bloodstream: A one-dimensional fluidic nanogenerator with a high power-conversion efficiency September 11th, 2017

A revolution in lithium-ion batteries is becoming more realistic September 5th, 2017

High-tech electronics made from autumn leaves: New process converts biomass waste into useful electronic devices August 30th, 2017

Candy cane supercapacitor could enable fast charging of mobile phones August 17th, 2017

Alliances/Trade associations/Partnerships/Distributorships

Leti and Partners in PiezoMAT Project Develop New Fingerprint Technology for Highly Reliable Security and ID Applications: Ultra-high Resolution Pressure Sensing Uses Matrices of Vertical Piezoelectric Nanowire To Reconstruct the Smallest Features of Human Fingerprints September 5th, 2017

Phenom-World selects Deben to supply a tensile stage as an accessory to their range of desktop SEMs August 29th, 2017

Oxford Instruments Plasma Technology announces a new partner in Korea August 15th, 2017

Moving at the Speed of Light: University of Arizona selected for high-impact, industrial demonstration of new integrated photonic cryogenic datalink for focal plane arrays: Program is major milestone for AIM Photonics August 10th, 2017

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