Flux Power to Provide Life Extending Lithium Technology to High Power Energy Storage Market
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SAN DIEGO--(Business Wire)-- LHV Power (formerly known as HiTek Power Corporation) spins off Flux Power, to be led by Aptera Cofounder Chris Anthony. This new company will provide life extending Lithium Battery technology including battery management and monitoring, advanced display and diagnostics, and smart charging systems. "I`ve heard the same message repeatedly from numerous clients: `We need a complete drop in solution that will manage, charge, and provide usable diagnostic feedback for our cells,`" says James Gevarges, President and CEO of LHV Power Corporation. "Flux Power products will provide for all of these needs and more in an easily adaptable format allowing customers to quickly create prototypes, ramping to small production with an easy, cost reduction path for high volume OEM`s," he adds. Flux Power has developed innovative high power battery cell management systems that have proven to greatly extend cycle life. The company couples this with a robust communication system that can operate in harsh conditions to provide accurate and timely data on numerous cell metrics. These cell metrics are continually recorded for system diagnostics and warranty analysis. To display all of this data Flux Power has a suite of display systems and diagnostic utilities to help clients get the most value out of the information available. In addition, Flux Power has smart charging systems that are versatile and stackable to multiple charging configurations while communicating directly with each cell to make sure the most beneficial charge is available. Flux Power`s latest technology allows multiple chargers to be used in unison to create high voltage and/or high current charging while maintaining Flux`s battery life extending charge methodologies. "The Lithium vs Lead Acid cost equation simply does not favor Lithium Technology unless each lithium cell is effectively managed throughout every charge and discharge cycle," says Chris Anthony, CEO of Flux Power Incorporated. "Now that we have developed an effective system to manage and record the life cycle of a lithium cell, it opens a vast array of applications to use high power lithium versus other energy storage methods. From large EV to peak shaving to back-up power solutions, Flux Power`s systems finally make Lithium the most technologically advanced and cost effective option for tomorrow`s power demands." Flux Power will launch its first suite of products in November of this year. www.FLUXpwr.com About LHV Power Corporation (formerly known as HiTek Power Corporation): LHV Power designs, manufactures and markets power supply systems to a wide range of customers around the globe including: Kodak, Cubic, Johnson & Johnson, Carrier, Zebra, Astron and Applied Materials. LHV Power is one of the few manufacturers able to deliver both High Voltage and Low Voltage Power Solutions with ISO-9001 precision across many different industries. LHV Power manufactures products in both Asia and the US, delivering FDA approved medical, stringently validated industrial and consumer friendly solutions for clients around the globe. www.LHVpower.com Flux and Flux Power are trademarks or registered trademarks of Flux Power Inc. in the United States and/or in other countries. All other brands, products or service names are or may be trademarks, registered trademarks or service marks of, and used to identify, products or services of their respective owners. Flux Power Sarah Mori, Media Relations 866-972-FLUX Sarah@FLUXpwr.com Copyright Business Wire 2009
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