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Lithium Technology Corporation News

New Battery Technology Advances Wind Energy Generation Reliability

PLYMOUTH MEETING, Pa., March 11 PRNewswire-FirstCall — Lithium Technology Corporation ("LTC") (OTC: LTHU), announced today that it will market an advanced lithium-ion battery for pitch control systems of wind generators, a rapidly growing global alternative energy source. The ultra-high power battery, developed in conjunction with HARTING Technology Group for a 2.5 megawatt (MW) class wind power generator was successfully tested in a wind park in Germany. In just the first two months of this year, LTC has received orders for 12 wind power generator projects.

LTC's subsidiary GAIA Akkumulatorrenwerke (GAIA) teamed up with HARTING to design the 648 Wh battery consisting of 24 of LTC's 7.5Ah cells. The Companies have agreed on a non-exclusive joint marketing effort to supply the innovative back-up system to the wind power industry.

"The development of this battery and our relationship with HARTING is a significant step for LTC entering the renewable energy market," commented Dr. Klaus Brandt, chief executive officer of LTC. "We anticipate this to be a fast growing and potentially large market for lithium-ion batteries, not only for emergency power but also for energy storage overall, which is key to expanding the use of renewable energy."

LTC will develop and manufacture the lithium-ion cells and supply the battery management system, which will be assembled by HARTING using its unique connector technology. HARTING will also be responsible for marketing, sales, integration into the wind generator's electrical systems, and after sales service.

For maximum efficiency and safety, wind generators rely on a continuous adjustment of the pitch of the turbine blade to the wind conditions. In case of a power grid failure or strong winds, the battery ensures that the blades safely return to a neutral position to avoid turbine damage.

Successful testing and implementation have proven superior performance of the new LTC/HARTING battery, which is placed at the base of each of the three blades of the 2.5 MW turbine and subjected to continuous rotation, vibration and extreme temperatures. The next stage of product development will be a system for a 5MW class wind power generator. Presently, 21 of the LTC/HARTING batteries are in service in wind parks in Germany one of the countries leading the effort to use wind energy to replace fossil fuels in the generation of electrical power.

About Lithium Technology Corporation: Lithium Technology Corporation (LTC) is a global provider of large format rechargeable power solutions for diverse applications, and offers the largest lithium-ion cells with the highest power of any standard commercial lithium ion cell produced in the western hemisphere. With more than 20 years of experience, LTC leverages its extensive expertise in high power and large battery assemblies to commercialize advanced lithium batteries as a new power source in the military and national security systems, transportation and stationary power markets.

LTC manufactures the GAIA(R) product line of large, high power hermetically sealed rechargeable lithium-ion cells and batteries. The Company's product portfolio includes large cells and batteries from 10 times the capacity of a standard laptop computer battery to 100,000 times greater. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with electronics (battery management systems) and electronics to communicate with other components of the system for performance monitoring.

LTC headquarters are located in Plymouth Meeting, PA and R&D in Nordhausen, Germany. LTC sales for the U.S. and European markets are managed out of each of the offices. For more information about LTC, its technology and products, please visit http://www.lithiumtech.com .

About HARTING Technology Group: The HARTING Technology Group is skilled in the fields of electrical, electronic and optical connection, transmission and networking, as well as in manufacturing, mechatronics and software creation. The Group uses these skills to develop customized solutions and products such as connectors for energy and data transmission applications including, for example, mechanical engineering, rail technology, wind energy plants, factory automation and the telecommunications sector. HARTING also produces electromagnetic components for the automotive industry, and is a specialist in industrial applications in the form of enclosures, housings, cabling and/or the assembly of individual or complete systems, as well as automated vending systems. For more information visit http://www.harting.com .

Safe Harbor for Forward-looking Statements:

The foregoing information contains forward-looking statements, which involve risks and uncertainties relating to such matters as financial performance, technology development, capital raising, business prospects, strategic partnering and similar matters. A variety of factors could cause LTC's actual results and experience to differ materially from anticipated results or other expectations expressed in these forward-looking statements. This notice does not constitute an offer of any securities for sale.

SOURCE Lithium Technology Corporation

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