Battery Technologies Inc. Trading Volume.Business Editors TORONTO--(BUSINESS WIRE)--July 26, 2000 Battery Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BTIOF)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BTI BTI Beverage Testing Institute BTI Boyce Thompson Institute BTI British American Tobacco (stock symbol) BTI Boston Theological Institute Bti Bacillus Thuringiensis Israelensis BTI BioTechnology Institute BTI Binding Tariff Information .) today announced, that at the request of the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. , it wishes to advise that there have been no corporate announcements, nor material changes in the company that would account for the significant trading activity and share price increase experienced in the markets. Battery Technologies Inc. continues to work on the key strategic initiatives as described in the 1999 Annual Report and previous press releases. The equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. through Groome Capital.com previously announced, is expected to commence within the near term; and second quarter fiscal 2000 results should be released mid-August following the quarterly Board meeting. Battery Technologies Inc. holds 32 patents and is engaged in the worldwide commercialization of the RAM(TM) battery technology and other portable energy products. The Company's RAM(TM) licensees and licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor) LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n. trademarks include: Rayovac Corporation, RENEWAL(TM); Young Poong Corporation, ALCAVA(TM); Grand Battery Technologies, GRANDCELL and Pure Energy Battery Corporation, PURE ENERGY(TM). RAM(TM) battery products are available in AA, AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. , C and D sizes. Other products sold by the Company include Game Buddy(TM) Power Pack, a RAM(TM) battery pack for use in Nintendo's GameBoy(R)Pocket and Game Buddy(TM) Color, a RAM(TM) battery pack for use in Nintendo's GameBoy(R) Color. Game Buddy(TM) Power Pack and Game Buddy(TM) Color are currently available for sale on the internet at http://WWW.GAME-BUDDY.COM Except for the historical statements contained herein, the matters discussed in this news release, including any revenue, expense and earnings expectations, are forward looking statements that involve risks and uncertainties. Factors that could cause actual results to differ materially include but are not limited to: the Company's ability to attract licensees with the financial and other resources to develop markets for RAM batteries, the Company's ability to attract new capital, variable economic conditions, the Company's reliance upon a single production line equipment supplier, disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. of production at any of the Company's licensee's manufacturing facilities, political and other disruptive developments, foreign currency restrictions and/or fluctuations, technological developments by competitors, a successful challenge to the validity of the Company's patents, or any of the other variables referenced in the Company's 20-F filing with the SEC, dated July 14, 1999. Readers are cautioned not to place undue reliance on forward looking statements. BTI is not currently licensed to produce products for Nintendo of America Inc. GameBoy(R)Pocket is a trademark of Nintendo of America Inc. |
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