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HPJ Highpower International Inc

4.79
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Highpower International Inc NASDAQ:HPJ NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.79 4.79 4.81 0 01:00:00

Highpower's Li-Ion Polymer Battery Receives IEEE1725 Certificate

13/01/2011 12:00pm

Marketwired


Highpower (NASDAQ:HPJ)
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Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, announced today that its 504570 model polymer cell phone battery has passed CTIA standards and has received the IEEE1725 certificate.

The IEEE1725 is a testing standard that establishes criteria for design analysis for quality and reliability of rechargeable Li-Ion and Li-Ion polymer batteries for mobile telephone applications. CTIA, which is an international organization representing the wireless communications industry, has implemented a compulsory certification scheme for mobile phone batteries and almost all carriers in North America have implemented this mandatory requirement.

"This certification is another key milestone in Highpower's push to become an international battery player and expand our end markets," said George Pan, Chief Executive Officer of Highpower International, Inc. "Passing the standards set by the IEEE speaks to our high quality products and manufacturing methods. Moreover, this certification is a crucial step in penetrating the Li-ion battery markets in both North America and Europe."

Wenliang Li, CTO of Highpower International, stated, "We continuously focus on improving our R&D capabilities and on the quality of the performance of all our products." Highpower International has previously passed the ISO9001, the UL1642 and UN38.3 certificates.

About Highpower International, Inc.

Highpower International, Inc. develops, manufactures and markets rechargeable nickel metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products for use in a variety of electronic devices. The majority of Highpower International's products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Southeast Asia and Taiwan. For more information, visit http://www.haopengbattery.com.

To be added to the Company's email distribution for future news releases, please send your request to HPJ@finprofiles.com. Company news can also be found at http://ir.haopengbattery.com/en/introduce028.html.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

CONTACT: Financial Profiles, Inc. Tricia Ross +1-916-939-7285 Email Contact

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