HomeCareer OpportunitiesEnerDel News CONGRESSMAN DAN BURTON UNVEILS LITHIUM ION BATTERY PACK FOR HYBRID ELECTRIC VEHICLES AT ENERDEL MEDIA EVENT
CONGRESSMAN DAN BURTON UNVEILS LITHIUM ION BATTERY PACK FOR HYBRID ELECTRIC VEHICLES AT ENERDEL MEDIA EVENT
Oct 10, 2007 at 08:00 PM
INDIANAPOLIS, IN - October 10, 2007 - Ener1, Inc. (OTCBB: ENEI) concluded a successful Media Day on October 9, 2007 at its Indianapolis-based subsidiary, EnerDel, Inc. At the event, U. S. Congressman Dan Burton spoke to the media about the importance of the EnerDel technology to the country’s energy independence, the environment and the creation of high technology jobs for the Indiana economy. Congressman Burton stated, “EnerDel is the wave of the future. Its cutting edge technology will help relieve our dependency on foreign oil.” Congressman Burton officially unveiled the fully functional Lithium-ion battery pack developed specifically for the HEV (Hybrid Electric Vehicle) market. The media in attendance included local television affiliates of ABC, CBS and FOX, the Indianapolis Star newspaper, a Gannett publication, and WIBC radio.
Additional speakers offering their congratulations and commenting on the state of the technology and industry included David Lewis of Argonne National Laboratories and David Howell of the U.S. Department of Energy’s Office of FreedomCAR and Vehicle Technologies. The EnerDel engineering team completed the presentation with a technical overview of the battery technology.
Charles Gassenheimer, Vice Chairman of Ener1, stated, “This was a very successful day that marks the beginning of the future of the U.S. hybrid vehicle storage technology business. We are deeply appreciative of the support and words from Congressman Burton and his presence at this event. As always, we are grateful for the support of the Department of Energy and thankful for Argonne National Laboratories’ assistance with our materials development. And very importantly, we thank our hardworking and creative employees at EnerDel.”
An archival web cast of the event is available on the company’s web sites (http://www.ener1.com and www.enerdel.com). The event was held at the EnerDel high technology facility located at 8740 Hague Road, Bldg. 7, Indianapolis, IN.
EnerDel is owned by Ener1, Inc. (80.5%) and Delphi Corporation (19.5%). EnerDel has a pilot production facility in Indianapolis, Indiana. EnerDel currently employs approximately 60 highly experienced engineers and technicians involved in the battery development of both cells and systems. For more information, please visit: www.enerdel.com
About Ener1, Inc.
Ener1, Inc. (OTC BB:ENEI.OB - News) is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com or call 954-556-4020
Safe Harbor Statement.
This release contains forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995 conveying management expectations as to the future based on plans, estimates and projections at the time the statements are made. The forward-looking statements contained in this press release involve risks and uncertainties, including, but not necessarily limited to: EnerDel's ability to succeed as a supplier of batteries to the hybrid electric vehicle and other markets; Ener1's ability to successfully develop and market proposed lithium battery, fuel cell and nanotechnology-based products and services; the degree of competition in the markets for lithium battery, fuel cell and nanotechnology-based products and services; Ener1's history of operating losses; the lack of operating history for the development stage Ener1 businesses; the need for additional capital; the dependency upon key personnel; and other risks detailed in filings made from time to time with the Securities and Exchange Commission. These risks and uncertainties could cause actual results or performance to differ materially from any future results or performance expressed or implied in the forward-looking statements included in this release. Ener1 undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
For further details contact:
Jerry Herlihy
Ener1, Inc.
(954) 556-4020
Email:
For media inquiries:
Marston Webb International
Victor Webb/Madlene Olson
(212) 684-6601
Email: