Toshiba Delivers SCiB(TM), A Safe, Long-Life, Rapid Charge Battery to Cannondale...

Toshiba Delivers SCiB(TM), A Safe, Long-Life, Rapid Charge Battery to Cannondale Sports Group

- SCiB to Make Product Debut in a Schwinn Bicycles Brand

Electric Bicycle Featured at Interbike 2008 in Las Vegas -
TOKYO--(Business Wire)--
Toshiba Corporation (TOKYO:6502) today announced that its SCiB
battery has been selected by Cannondale Sports Group, a global leader
in branded bicycles and a division of Dorel Industries, Inc.(TSX:
DII.B, DII.A) to provide the power battery module for a new electric
bicycle for the North American and European markets. Toshiba's SCiB
24V/4.2Ah module will be installed in the Tailwind, a new electric
bicycle Cannondale Sports Group will bring to market under the Schwinn
Bicycles brand, one of the most revered names in U.S. cycling history.
Commercial launch of the Tailwind is scheduled for early 2009, in the
North American and European markets.

SCiB--the Super Charge ion Battery--is a breakthrough rechargeable
battery developed by Toshiba that offers excellent safety, long-life
and rapid charge.

SCiB and the Schwinn Tailwind electric bike, the first commercial
application of SCiB, will be on display at Interbike 2008, the largest
bicycle trade show in North America. Interbike will run from September
24 to 26, in Las Vegas.

"Electric bicycles are the fastest-growing bike segment in the
United States and around the world, and we are committed to becoming a
market leader in the eBikes category," said Bruno Maier, Executive
Vice President and General Manager of Cannondale Sports Group. "We are
honored to work with Toshiba in bringing the first commercial SCiB
product to market, particularly since the launch of the Tailwind is a
key part of our strategy as Schwinn Bicycles now has the
fastest-charging electric bike on the planet."

"This is a significant milestone for SCiB," said Shoshi Kawatsu,
General Manager, Super Charge Battery Div. of Toshiba's Transmission
Distribution & Industrial Systems Company. "The SCiB is a major
innovation. It is safe, powerful, and offers an exceptionally-fast
recharge time. We demonstrated these characteristics to Cannondale
Sports Group, and we are very pleased that they chose to bring the
battery technology to the Schwinn Tailwind electric bike. In terms of
environmental impact, the SCiB offers a long life that helps to reduce
waste, and we believe that the new Schwinn Tailwind will have a strong
appeal for people concerned with the environment."

SCiB Major Characteristics

1. Excellent safety

SCiB adopts a new negative-electrode material that offers a high
level of thermal stability and a high flash point electrolyte, and has
a structure resistant to internal short circuiting and thermal
runaway. The possibility of rupture or combustion is very low.

2. Long Cycle life

Capacity loss after 3,000 cycles of rapid charge and discharge is
less than 10%. SCiB has an excellent long cycle life, and is able to
repeat the charge-discharge cycle over 6,000 times.

3. Rapidly rechargeable

The superb safety characteristics of SCiB allow recharge with a
current as large as 50 amperes (A), allowing the SCiB Cell and SCiB
Battery Module to recharge to 90% of full capacity in only five
minutes(1).

(1) Five minutes is the recharge performance of the SCiB TBP
Series Module. Actual recharge times are defined by the products into
which SCiB is integrated and on the peripheral components used with
SCiB.

4. High power (practical capacity)

The SCiB has an input-output performance equivalent to that of an
electric double layer capacitor. This feature is suited to high power
applications.

5. Temperature

SCiB operates well in temperature extremes, with sufficient
discharge at temperatures as low as -30 degrees C. This characteristic
also assures wide application in cold climates.

-0-
*T

SCiB Major Specifications
----------------------------------------------------------------------
SCiB Cell SCiB Battery
Module
----------------------------------------------------------------------
Name - TBP Series
----------------------------------------------------------------------
Nominal Voltage 2.4 volt (V) 24 volt (V)
----------------------------------------------------------------------
Nominal Capacity 4.2 ampere hours (Ah) 4.2 ampere hours
(Ah)
----------------------------------------------------------------------
Size Approx. 62 x 95 x 13mm Approx. 100 x 300
x 45mm
----------------------------------------------------------------------
Weight Approx. 150 grams Approx. 2000
grams
----------------------------------------------------------------------
*T

The SCiB is housed in an SCiB Battery Module comprising ten 4.2
ampere-hour (Ah) SCiB cells aligned in series connection, plus a
battery management system.

In addition to applications that include electric bicycles,
motorcycles, automated guided vehicles, electric forklift trucks and
construction machinery, which already use rechargeable batteries, the
SCiB can be applied to electric power regeneration and stabilization
in emergency power sources and wind power systems. Application in
hybrid cars is also planned, with the intent of extending application
to electric cars in the future, after advancing development of a
high-performance SCiB cell.

Toshiba Corporation
Hiroko Mochida, +81-(3)3457-2105
Corporate Communications Office
International Media Relations Group
http://www.toshiba.co.jp/contact/media.htm

Copyright Business Wire 2008