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BTI to list common shares on Toronto Stock Exchange.


TORONTO--(BUSINESS WIRE)--April 21, 1995--Battery Technologies Inc., developers of the Reusable Alkaline Manganese (RAM) battery system, announced today that the company has received conditional approval to list its common shares for trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
).

Wayne Hartford, President and Chief Executive Officer, said that the approval is subject to BTI's completion of the remaining requirements of the Exchange on or before Wednesday, July 19, 1995.

He said that the move reflects BTI's ongoing strategy to expand the awareness of the company and its proprietary RAM technology within the international investment community and give a larger number investors easier access to the company's stock.

"As a result of the significant growth of BTI BTI Beverage Testing Institute
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 company is making a natural progression to a listing on the more prestigious Canadian exchange," said Hartford. "In addition, the TSE listing provides increased visibility and access to a more sophisticated, structured trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
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 which in turn will enhance the appeal of BTI's shares."

The company's shares have been trading on the Canadian Dealing Network Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
 (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) in Canada since 1988 and on NASDAQ-NMS board in the United States since January 1994.

The BTI Group of Companies is an energy technologies research, development and licensing group that has developed the proprietary RAM battery system. This system combines the performance characteristics of the single use alkaline battery with the economical and environmental benefits of rechargeabliity, RAM(TM) cells are fully charged and ready to use at the time of purchase.

Currently, RAM(TM) products can be purchased at leading retailers throughout North America under the brand name "RENEWAL" in the US AND "PURE ENERGY(TM)" in Canada.

BTI's US licensee, Rayovac Corporation recently signed basketball superstar Michael Jordan to a long-term contract as spokesperson for "RENEWAL" in a campaign to be launched later this year.

RAM(TM) is the registered trademark of Battery Technologies Inc. in Canada.

CONTACT: Kathryn Freer, (905) 881-5100

Victor Webb, (212) 684-6601
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 21, 1995
Words:324
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