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BATTERY TECHNOLOGIES INC. ISSUES STATEMENT ON TRADING IN ITS SHARES

 RICHMOND HILL, Ontario, Jan. 22 /PRNewswire/ - Battery Technologies Inc. (BTI), licensor of the new environmentally friendly Rechargeable Alkaline Manganese (RAM) battery system has been asked by the Canadian Dealer Network (CDN) to make the following statement:
 Please be advised that no material changes have taken place
 at BTI that would in any way account for the recent positive
 trading activity of BTI shares.
 BTI, listed on the Canadian OTC market (symbol BTI), has to date, signed five (5) license agreements for the production and sale of AAA, AA, C and D size RAM batteries. Licenses are held by companies in Canada, Hungary, India and two (2) in the U.S. including Rayovac, North America's third largest battery company. Product is expected to be available from at least two (2) licensees in 1993.
 The low cost, 1.5 volt RAM system effectively combines many of the performance characteristics of disposable alkaline batteries with the economic and environmental benefits of rechargeability.
 -0- 1/22/93
 /CONTACT: Stephen Meldrum, general manager of Battery Technologies Inc., 416-881-5100 ext. 225/


CO: Battery Technologies Inc. ST: Ontario IN: SU:

SB -- NY051 -- 6105 01/22/93 14:13 EST
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Publication:PR Newswire
Date:Jan 22, 1993
Words:192
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