Superlattice Power Inc. Has a Commitment to Partner with Large Asian Lithium-Ion Battery Manufacturer
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Concentrating on Manufacture, Pack Design and Development Works on an Industrial Scale Using Only U.S. Citizens and Resources for Electric and Plug-in Hybrid Vehicles as Desired by President Obama and the Department of Energy MOORESVILLE, N.C.--(Business Wire)-- Superlattice Power, Inc. (OTCBB: SLAT) (www.superlatticepower.com), emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, proudly announces joining forces with a battery manufacturing giant, in Asia, to expand production within the US. Superlattice Power and one of the largest battery companies are developing long-term strategic plans to include comprehensive training of US-based employees positioning the company on solid ground to manufacture and supply all lithium-ion batteries for electric and hybrid cars. President Obama`s signing of the country`s economic stimulus plans includes more than $20 Billion in loans, grants and tax credits to help stimulate the development of large-scale domestic production of advanced, lithium-ion batteries for hybrid and electric cars to save the world from pollution and through training create jobs. Superlattice Power is developing a joint venture with a world renowned company and will adopt a mass production strategy with automated equipment to produce high quality, cost efficient battery products on a large scale. With growing demand for rechargeable lithium-ion batteries, massive long-term jobs are certain to be created within the US where training and introduction of new technologies are concerned. As a continual supplier of anode and electrode material to Superlattice Power, a US-based multinational company anode supplier recognized the technology of EV Innovations and will also contribute to increased domestic employment through supply and production. About Superlattice Power: www.superlatticepower.com For Further Information: info@superlatticepower.com Forward-Looking Statement: This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Superlattice Power, Inc. Media Contact: pr@superlatticepower.com or Investor Relations: 1-877-779-4646 ir@superlatticepower.com or QualityStocks Michael McCarthy, 480-308-0703 (Office) Editor@QualityStocks.net www.QualityStocks.net Copyright Business Wire 2009
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