Battery Technologies Inc.-Events Update.TORONTO--(BUSINESS WIRE)--Aug. 7, 1996--BATTERY TECHNOLOGIES (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 ) Like any listed company listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → BTI is on both the TSE and Nasdaq-we're required to report material events on a timely basis. But there are continuing events we believe will interest our shareholders and other audiences. To maintain the information flow about our ongoing activities, we launch this first issue of BTI Update. BTI Update will come out periodically and we invite and welcome your comments on content and suggestions about other items you'd like us to cover. ABOUT BTI A leader in the fields of electrochemical electrochemical /elec·tro·chem·i·cal/ (-kem´i-k'l) pertaining to interaction or interconversion of chemical and electrical energies. e·lec·tro·chem·i·cal adj. research and energy storage systems, BTI developed the RAM (TM) line of safe, long-life alkaline batteries that can be recharged 25 times and more. With the performance characteristics of alkalines - without the limitations of NiCads - RAM batteries can be recharged in as little as five hours, but nearly 80 per cent of their energy is returned within the first two to three hours. Furthermore, they are ideally suited for solar charging and BTI is researching these applications. BTI licenses this patented, mercury and cadmium-free technology and sells turnkey production lines to qualified manufacturers globally. The BTI Group of Companies offers complete entry into the battery market - including technological know-how, turnkey manufacturing facilities and marketing assistance. Its major focus is in small format rechargeable systems (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. , AA, C, and D cells) and on R&D into larger format energy storage systems. BTI's RAM batteries already command 60 per cent of North America's rechargeable battery A rechargeable battery, also known as a storage battery, is a group of two or more secondary cells. These batteries can be restored to full charge by the application of electrical energy. market. U.S. Military specifies RAM technology for field communication battery pack development tender BTI's RAM technology has caught the attention of the U.S. Military. In specifications for a contract to develop battery packs for field communication units, it specified RAM cells - invented and licensed for manufacture and distribution globally by Canada's BTI - must be used. The specifications make it likely that a member of the BTI Group, or one of its licensees will be awarded this development contract. The U.S. military has been researching BTI technology, with the company's co-operation, for about three years. Korean licensee Young Poong gearing up for new AAA line With a strong print and broadcast advertising campaign under way - and an AA line already producing its ALCAVA(TM) brand reusable alkaline manganese batteries using BTI's proprietary RAM technology. - BTIL BTIL Baltimore Technologies Investments Limited (London, UK) licensee Young Poong Corporation is anxiously awaiting delivery of its second line to manufacture the increasingly popular AAA format battery. In Canada, BTI and Young Poong are currently producing AAA batteries, demand for which is 70 per cent of the small format battery market in Korea, on the new manufacturing line. Soon, it will be disassembled, shipped to Korea and reassembled, in its new home in Ansung, near Seoul. The two production lines together will give the company an annual production capacity of more than 100 million cells. Two BTI executives recently returned from a visit to Young Poong's factory. They report that the facilities constructed and the team assembled by the company shows a strong commitment to the RAM technology. When discussions began between Young Poong and BTI, the Korean domestic market was determined to be 60 per cent AA and 40 per cent AAA format. Two years later, however, the ratio had changed dramatically to 70 per cent AAA and the balance AA. With this tremendous AAA growth, demand is projected to shortly outstrip out·strip tr.v. out·stripped, out·strip·ping, out·strips 1. To leave behind; outrun. 2. To exceed or surpass: "Material development outstripped human development" Young Poong's capacity to supply these cells with current equipment. The Korean company is the third BTI Group licensee to bring RAM batteries to market. SHORT SHOTS PURE ENERGY CAN USE ENVIRONMENT CANADA Environment Canada (EC), legally incorporated as the Department of the Environment under the Department of the Environment Act ( R.S., 1985, c. E-10 ), is the department of the Government of Canada with responsibility for coordinating environmental policies and LOGO Environment Canada has recognized the environmental friendliness of Pure Energy RAM batteries. As part of the recognition, the federal government department is allowing the company to apply the "Environmental Value Choice" logo on all the AA batteries it manufactures from its Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography plant. MALAYSIAN LICENSEE EQUIPMENT UPDATE South East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. licensee, The Narcissus Narcissus, in the Bible Narcissus (närsĭs`əs), in the New Testament, Roman whose household was partly Christian. Narcissus, in Roman history Narcissus, d. A.D. Group expects its first turnkey AA RAM cell manufacturing line, currently being built by BTI in Toronto, to be in production in 1997. Rayovac RAM battery growth trends continue BTIL licensee Rayovac Corporation, of Madison, Wisconsin will launch this its new advertising campaign for RENEWAL, once again featuring NBA NBA abbr. 1. National Basketball Association 2. National Boxing Association NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (= superstar Michael Jordan. Trade information indicates that RAM cell volumes increased 77 per cent in 1995 over the previous year and a further 53 per cent in the first half of 1996. PURE ENERGY SALES NEWS Canada's Pure Energy Battery Corporation, the second licensee of BTI's RAM technology to be in commercial production, announced some exciting sales figures recently. Unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. volume for the first half of 1996 is triple that of the same period last year as a result of large volume sales to other BTIL licensees. The company has also started shipments of batteries and its newly-launched ENVIROCHARGER(R), capable of charging both AA and AAA cells, to Wal-Mart in Puerto Rico. GERMAN LICENSEE GETS STRONG OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and INTEREST After attending three trade shows in the past three months, German licensee Battery Innovation Group received some positive feedback-hundred of inquiries from original equipment manufacturers (OEMs). Its business plan calls for distribution in Europe later this year, using BIG-branded cells manufactured in Canada by Pure Energy, with their own production plans to be finalized by year end. PORTA POWER DEVELOPING NEW CELL-PHONE BATTERY SYSTEMS Singapore distributor Porta Power, developer of the RAM battery pack being marketed in the Pacific Rim, is currently developing additional packs for other cellular-phone brands. It has also started to market its innovative ENERGY BANK(TM) charger and cellular phone battery packs in North America. BTI Update is published by Battery Technologies Inc. To keep its various stakeholders informed on company news. -0- Any questions or comments may be addressed to: Lorna Eaton - Vice-President The BTI Group of Companies Battery Technologies Inc. 1595 16th Avenue, Suite 601 Richmond Hill, Ontario Richmond Hill (2006 population 162,704) is a town in York Region north of Toronto, Ontario, Canada. It is part of the Greater Toronto Area. History The area was first surveyed by Lieutenant-Governor John Graves Simcoe in 1794 while he was constructing Yonge Street. Canada, L4B 3N9 Tel: (905) 881-5100 ext. 307 Fax: (905) 881-6043 e-Mail: bti@inforamp.net Website: http://www.bti.ca - RAM is a trademark of BTI - ALCAVA is a trademark of Young Poong Corporation - RENEWAL is a registered trademark of Rayovac Corporation - Porta Power Energy Bank is a trademark of Porta-Power (S) Pte. - Envirocharger is a registered trademark of Pure Energy Battery Corporation. CONTACT: Battery Technologies Inc. Lorna Eaton, 905/881-5100 ext. 307 905/881-6043 (Fax) |
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