Valence Offers Apple, Dell, Fujitsu, IBM, Lenovo and Toshiba Laptop Users a Battery Alternative.

Saphion([R]) Technology Based N-Charge(TM) Power System Offers Up to 10 hours of Battery Life

AUSTIN, Texas -- In light of the recent laptop battery recalls, users who are waiting for replacement batteries can turn to Valence Technology, Inc. (NASDAQ:VLNC) to supply batteries. Valence's N-Charge Power System offers users up to 10 hours of battery runtime with the safety provided by Valence's patented Saphion([R]) phosphate technology.

Unlike traditional cobalt oxide Lithiom-ion batteries, Valence batteries are made using a patented phosphate based cathode material. Phosphates are stable in overcharge or short circuit conditions and have the ability to withstand high temperatures without major incident. Using Saphion technology means Valence batteries in normal use and conditions are unlikely to be subject to "thermal runaway" that can cause fires. As a result, Saphion technology possesses safety characteristics that are fundamentally superior to those of cobalt oxide Lithium-ion batteries.

Valence's N-Charge Power System is a universal, external battery that provides up to 10 hours of continuous runtime for notebook computers including many models from Apple, Dell, Fujitsu, IBM, Lenovo and Toshiba. Valence's VNC-130 battery offers up to 10 hours of runtime and can be used as the primary power source for the laptop instead of the internal battery. Laptop owners concerned about being restricted by airline carriers from carrying on their laptops can remove the restricted internal battery and carry on an N-Charge Power System to power their laptops in flight. The N-Charge Power System provides safety in a long lasting adjunct to traditional laptop batteries and easy-to-use, anytime, anywhere power.

Valence's N-Charge Power System is regularly deployed for a wide variety of uses in educational settings, including K-12 schools, and healthcare settings, including hospitals, where extended runtime of laptops is required. The N-Charge Power System helps to free notebook computer users from ties to AC power, improving both mobility and productivity.

A complete list of laptop models supported by the N-Charge Power System can be found on Valence's web site (www.valence.com). N-Charge Power Systems can be ordered directly from Valence via the web site or by calling 888-VALENCE. The N-Charge Power System is also available through a variety of computer suppliers including CDW, Dell, InfoLogix, Insight and PC Connection.

About Valence Technology, Inc.

Valence Technology develops and markets intelligent battery systems based on its Saphion([R]) technology, the industry's first commercially available, safe, large-format Lithium-ion rechargeable battery technology. Valence Technology holds an extensive, worldwide portfolio of issued and pending patents relating to its Saphion technology and lithium-ion rechargeable batteries. The company has facilities in Austin, Texas, Las Vegas, Nevada, and Suzhou, China. Valence Technology is traded on the Nasdaq Capital Market under the symbol VLNC and can be found on the internet at www.valence.com.

Forward-Looking Statements 

Some information included in this press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such statements include information relating to business activities and project development. These statements can sometimes be identified by the use of forward-looking words such as "may," "will," "anticipate," "estimate," "except," "scheduled," or "intend" and similar expressions. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of Valence Technology. These and other risk factors that could affect actual results are discussed in Valence's periodic reports filed with the Securities and Exchange Commission, including its Report on Form 10-Q for the quarter ended September 30, 2005, and the reader is directed to these statements for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements included in this press release are made only as of the date of this release. Valence Technology does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances and cannot assure that projected results or events will be achieved.