Advanced Battery Technologies to Present At Cowen and Company's Clean Energy Conference

NEW YORK and HARBIN, China, Sept. 5, 2008 (GLOBE NEWSWIRE) -- Advanced Battery
Technologies, Inc. (Nasdaq:ABAT) today announced that its Chief Financial
Officer, Mr. Taylor Zhang, will be presenting at Cowen and Company's Clean
Energy Conference on September 10, 2008 at 4:30 p.m. (ET) at Le Parker Meridien
Hotel in New York City.

At the conference, Mr. Zhang will discuss Advanced Battery Technologies'
business strategy, and will review the Company's recent accomplishments and
financial results. The presentation will be broadcast live over the Internet.
Those interested in listening to the live audio webcast should log on to
http://www.corporateir.net/ireye/confLobby.zhtml?ticker=ABAT&item_id=1927521

About Advanced Battery Technologies, Inc

Advanced Battery Technologies, Inc., founded in September 2002, develops,
manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries.
The Company's products include rechargeable PLI batteries for electric
automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and
other electronic devices. ABAT's batteries combine high-energy chemistry with
state-of-the-art polymer technology to overcome many of the shortcomings
associated with other types of rechargeable batteries. The Company has a New
York office, with its executive offices and manufacturing facilities in China.
For more information about Advanced Battery Technologies, Inc. (ABAT), please
visit: http://www.abat.com.cn.

Safe Harbor Statement:

This press release contains forward-looking statements, including statements
regarding a financing of the company and the potential conversion of warrants
into common stock of the company for additional consideration. The financing,
including the conversion of warrants, and the timing for any such conversion, is
dependent on risks and uncertainties, including, among others, the satisfaction
of certain closing conditions in respect of the financing; the valuation of the
company's common stock; the development and commercialization of the company's
products, including, without limitation, the potential expansion of assembly
lines; and the factors described under the Risk Factors Section of our Annual
Report on Form 10-KSB filed with the Securities and Exchange Commission for the
period ended December 31, 2007. Advanced Battery Technologies cautions investors
not to place considerable reliance on the forward-looking statements contained
in this press release. These statements speak only as of the date of this
document, and Advanced Battery Technologies undertakes no obligation to update
or revise the statements. All forward-looking statements are expressly qualified
in their entirety by this cautionary statement. Advanced Battery Technologies'
business is subject to substantial risks and uncertainties, including those
identified above.

About Cowen and Company:

Cowen and Company's success and growth during the past decade of tumultuous
consolidation and change in investment banking is a result of the power of our
focus. The company's foundation of unsurpassed research, trading and investment
banking excellence centered around the key sectors of growth in our economy,
including Health Care, Technology, Media & Telecommunications, Consumer,
Aerospace & Defense, and Alternative Energy, has served us well. Nearly 90 years
of successful growth through bull and bear markets is a testament to the
recognition that our principal product is knowledge, and meeting the demands of
our clients is our first order of business. We are convinced that the
fundamental tenets that served us so well in the past century -- uncompromising
service, time-honored ethics, and a dedication to helping investors capitalize
on change -- will serve us well in this century.

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