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Boston-Power Honored by AlwaysOn as GoingGreen Top 100 Winner

WESTBOROUGH, Mass.-(Business Wire)-September 4, 2008 - Boston-Power, Inc., the rapidly growing provider of Lithium-ion batteries that redefine portable power, today announced that the company has earned a ranking on the AlwaysOn 2008 GoingGreen Top 100.

Inclusion in the GoingGreen 100 signifies major developments in the creation of new business opportunities in the green technology industries. One of the world’s most closely watched energy storage startups, Boston-Power was selected by the AlwaysOn editorial team as well as industry experts spanning the globe based on a set of five criteria including innovation, market potential, commercialization, stakeholder value and media buzz.

Boston-Power and the GoingGreen Top 100 companies will be honored at GoingGreen 2008, September 15-17, at Cavallo Point in Sausalito, CA. Additionally, Boston-Power Founder and CEO Dr. Christina Lampe-Onnerud will share her insights during the panel, Energy Storage Innovations, on Wednesday, September 17, at 8 a.m. PT.

“Among Boston-Power’s founding principles was a commitment to developing battery technology that would set the bar in our industry for environmental sustainability,” said Dr. Christina Lampe-Onnerud. “Being named to the GoingGreen Top 100 list is a great honor. It underscores our role in helping to combat such pressing challenges as global warming via an energy storage solution that can benefit a wide range of products – from notebook computers and consumer electronics to hybrid and electric vehicles.”

“The GoingGreen Top 100 winners have excelled in key strategic areas in the global clean energy technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and systems that are driving the next phase of green tech innovation and transforming the biggest industries on earth.”

Boston-Power’s Sonata – the longest lasting, fastest charging, safest and most environmentally sustainable Lithium-ion battery – establishes new performance benchmarks that redefine the portable power space. Initially targeting notebook computers, Sonata delivers like-new performance for three years versus current batteries that start to fade in just three to six months.

Highlighting its momentum, Boston-Power in April was named as the highest ranking company on AlwaysOn’s 2008 Northeast 100 Top Private Companies. With more than $70 million in funding, the company’s $45 million Series C round was one of the biggest venture investments in energy storage in 2007. In January 2008, Boston-Power announced expansion of its mass production capabilities through a strategic relationship with GP Batteries, the number one battery manufacturer in Asia outside Japan and the top consumer battery manufacturer in Greater China. Sonata has earned first-of-its-kind certifications by top environmental groups in Europe and China.

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, Breakout, OnMedia, GoingGreen, NordicGreen, and Venture Summits East and West) and quarterly print “blogozine.” No other media brand has dared to create such open interaction with its readers and event participants.

About Boston-Power

Boston-Power, Inc. is an emerging portable power company answering the call for safer, longer lasting Lithium-ion batteries – today. Led by Founder and CEO Dr. Christina Lampe-Onnerud, a recognized authority in the battery industry, the company is backed by leading venture capital firms Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power’s innovative systems approach to portable power and application-specific batteries starts with safety, while achieving next-generation performance gains. Founded in 2005, the company is headquartered in Westborough, Massachusetts and has Six Sigma-level manufacturing operations in Greater China. For more information, visit www.boston-power.com.

“Boston-Power^®” and “Sonata^™” are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

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