Battery Technologies Inc. Completes Distribution Agreement for the Netherlands.

Business Editors

TORONTO--(BUSINESS WIRE)--May 3, 2002

Battery Technologies Inc. (OTC BB:BTIOF)(TSE:BTI) ("BTI") and its wholly owned subsidiary, Battery Technologies Scandinavia Inc. ("BTS") are pleased to announce the formal signing of an exclusive distribution agreement with H. Landman Technologies Agent B.V. ("Landman") of the Netherlands for Dema products. BTI (www.bti.ca) acquired the Dema Group (www.dema.se and www.demacell.com) of Oskarshamn, Sweden in May 2001 and renamed it BTS. BTI announced a Letter of Intent with Landman in mid March.

The Landman Group (www.oplaadbaar.com) is a privately held, leading sales and distribution company based in Zoetermeer, the Netherlands. It currently distributes a variety of consumer products including batteries, chargers, transformers, and switches for the electronics industry. This distribution agreement is mutually exclusive such that Landman becomes the exclusive distributor of BTS products for the Netherlands and in return will market solely BTS battery products; eliminating competing lines, in favor of Demacell RAM(TM) and Toshiba. In addition to distribution, Landman produces battery packs utilizing multiple battery configurations for OEM customers.

The battery market in the Netherlands is approximately 50% greater than that of Sweden, consequently BTI has significantly increased its business opportunity base with this agreement. Expansion of BTS to additional northern European markets is contemplated in the near term and is the subject of current significant activity.

Mr. J. Bruce Pope, President and Chief Executive Officer of BTI, said, "We are very excited to have the Landman Group as a key part of our expanding network in Europe. They are a well established, quality operation and we can count on them to add substantially to our business base. This is an important step in our committed strategy to build a network to deliver growth and shareholder value."

Mr. Henry Landman, Managing Director of Landman said: "This is an important step for our company, to align itself with BTI and BTS, and we're confident we can grow their business and as well strengthen our own portfolio of portable energy products and accessories. Demacell RAM(TM) represents great chemistry that has broad application here in the Netherlands, and the strength of the Toshiba name, together with their full-line approach to product development, will positively affect our sales."

BTI is the inventor, developer and owner of the unique, patented rechargeable alkaline manganese (RAM(TM)) battery technology on which it holds 43 patents related to chemistry, product design and manufacturing processes. BTI is engaged in research and development and the worldwide commercialization of the RAM(TM) technology and other portable energy products through its licensees and Battery Technologies Scandinavia, a wholly-owned subsidiary based in Scandinavia, engaged in the sales, marketing and distribution of battery and portable energy related products to European markets.