Hong Kong Highpower Technology, Inc. Receives Innovation Award Certificate for Ready to Use Battery Patent

Hong Kong Highpower Technology, Inc.

(NASDAQ: HPJ), a leading developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) rechargeable batteries and related products, announced today that it recently received its award certificate for its Shenzhen Innovation Award.

Hong Kong Highpower Technology was awarded the Shenzhen Innovation Award for Patent Excellence for its patented Ready to Use (RTU) Ni-MH battery. Compared with other Ni-MH batteries, the company's self-developed RTU battery has many advantages including lower self-discharge, longer storage time, and a longer service life. The increased service life of the battery, which includes 1500 uses and 85% charge retention after one year of storage, makes the RTU the best choice when compared to other rechargeable batteries because it aids in achieving efficient energy use and a lower-carbon footprint. Due to these positive attributes, the RTU has been approved and tied to the Shenzhen government priority procurement list.

In the future, Hong Kong Highpower Technology plans to continue its commitment of R&D investments toward the development and innovation of clean energy.

About Hong Kong Highpower Technology, Inc.

Hong Kong Highpower Technology 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 Hong Kong Highpower Technology's products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Southeast Asia and Taiwan. For more information, visit www.haopengbattery.com.

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