Exide Renews Relationship with Sunrise Medical

Share Name	Share Symbol	Market	Type
Exide Technologies (MM)	NASDAQ:EXDTQ	NASDAQ	Ordinary Share

Exide (NASDAQ:EXDTQ)
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From Jun 2019 to Jun 2024

Exide Renews Relationship with Sunrise Medical PRINCETON, New Jersey, February 19 /PRNewswire/ -- Exide Technologies (OTC Bulletin Board: EXDTQ) (www.exide.com), a global leader in stored electrical-energy solutions, has extended its 10-year relationship with Sunrise Medical Ltd., one of the world's largest manufacturers of homecare and extended care products. In signing the new agreement with Sunrise Medical, Exide has secured its status as the major battery supplier to the UK-based designer, manufacturer, and marketer of rehabilitation products and assistive technology devices for people with disabilities. Sunrise Medical products are distributed through an exclusive dealer network. According to the terms of the new agreement, Exide will supply a range of batteries and charging systems to Sunrise Medical distributors in Austria, Belgium, Denmark, Finland, France, Germany, Holland, Ireland, Italy, Norway, Portugal, Spain, Sweden, Switzerland, and the UK. The batteries will be used in power wheelchairs, positioning and seating products, hoists, ambulatory aids and scooters. "We are in business to make our customers successful," said Neil Bright, President, Industrial Energy Business Group. "Sunrise Medical is comprisedof people who work smarter and understand the true value of innovation. Exide has been able to extend our relationship with this customer because we provide a consistently high degree of service and product quality that has helped Sunrise Medical live up to its mission and serve its own customers successfully." About Exide Technologies: Exide Technologies, with operations in 89 countries and fiscal 2003 net sales of approximately US$2.4 billion, is one of the world's largest producers and recyclers of lead-acid batteries. The company's two global business groups -- industrial energy and transportation -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Industrial uses include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS); and motive-power applications for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles. Transportation applications include automotive, heavy-duty truck, agricultural and marine, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers. Further information about Exide Technologies, its financial results and other information can be found at www.exide.com. Certainstatements in this press release may constitute forward-looking statements as defined by the Securities Litigation Reform Act of 1995. As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements. These are enumerated in further detail in the company's Form 10-K. DATASOURCE: Exide Technologies Jeannine Addams or Kristin Wohlleben,+1-404-231-1132, of Tarkenton & Addams, Inc.; or Investors, Doug Morris of Gavin Anderson & Company, +1-212-515-1962

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EXDTQ Exide Technologies (MM)