Exide Technologies Launches ReStore Energy Systems Division to Develop New Renewable...

Exide Technologies Launches ReStore Energy Systems Division to Develop New
Renewable Energy Storage and Lithium Ion Energy Systems for High-Growth Global
Markets

MILTON, Ga., Nov. 5, 2009 (GLOBE NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE)
(www.exide.com), a global leader in stored electrical-energy solutions, today
introduced ReStore Energy Systems, a new division dedicated to the development
and pursuit of new markets for renewable energy storage and lithium ion energy
systems.

ReStore Energy Systems is a global division that will utilize proven
technologies in lead-acid energy storage, along with recently acquired lithium
ion technology, to develop new application-specific solutions for high-growth,
global markets such as renewable energy. Technology- and application-specific
collaboration with customers will be a hallmark of the new division.

"As a recognized global leader in energy storage, Exide is committed to creating
innovative products that address the current and emerging realities of energy
storage and usage around the world," said Gordon Ulsh, President and Chief
Executive Officer of Exide Technologies. "Our new ReStore Energy Systems
division will utilize Exide's proven capabilities in advanced research and
development, application engineering, the manufacture of superior-quality
products, and customer service. The new division will work closely with Exide's
Industrial Energy commercial teams in North America, Europe and Asia to expand
renewable and lithium ion technologies, which have the potential to become a
significant strategic growth and business development platform for Exide."

"Exide's ReStore Energy Systems is strategically focused on the design and
commercialization of industry-leading, renewable energy storage solutions and
high-performance, large-capacity lithium ion energy systems," said Gary Reinert,
Vice President and General Manager of the ReStore Energy Systems division. "Our
goal is to devise sustainable, long-term storage solutions in which technical,
environmental and economic factors are perfectly balanced. This division will be
highly collaborative with customers, as we work together to develop new products
and applications."

The new global division is charged with identifying and pursuing new
applications, principally in the following areas:

* Large-scale storage for grid-connected renewable energy
(primarily wind and solar)
* Off-grid renewable power generation and storage (where the
electricity grid does not exist or is frequently unreliable,
primarily focused in developing, isolated regions of the world)
* New industrial energy storage opportunities that will benefit
from high-performance, large-capacity, rechargeable lithium
ion batteries (with primary opportunities including stationary
power, portable power and motive power applications).
"For renewable energy to be competitive with coal, natural gas, nuclear and oil,
it needs to be cost effective and reliable," Reinert said. "At Exide, we believe
energy storage is the key to achieving these objectives. We will work to be the
partner of choice for system integrators, energy developers, original equipment
manufacturers and others who see the growing need for innovative energy storage
solutions." In addition to leading the new division, Reinert serves as Vice
President of Strategic Planning and Business Development, with responsibility
for evaluating product expansion and identifying potential merger and
acquisition opportunities.

In the renewable energy space, ReStore Energy Systems' opportunities in North
America and Europe will be centered on large-scale storage projects for
grid-connected wind and solar farms. In emerging markets in Asia and elsewhere,
off-grid solar applications will be particularly important. Local solar energy
supply, for example, is becoming very popular in non-grid-connected regions,
which need economical, small-scale solutions for storing and later delivering
energy where and when needed.

In lithium ion, ReStore Energy Systems intends to capitalize on the performance
attributes of the technology to open up new industrial markets for the Exide
Onyx lightweight lithium ion energy storage systems. Potential opportunities
include the electrification of certain applications that are traditionally
powered by fossil fuels. ReStore Energy Systems' efforts will complement the
ongoing activities of the global Exide Industrial Energy divisions, which will
continue to be responsible for delivering lithium ion solutions for existing
industrial network and motive power applications.

About ReStore Energy Systems

ReStore Energy Systems, a division of Exide Technologies, is a developer and
manufacturer of industry-leading, renewable energy storage solutions and
high-performance, large-capacity lithium ion energy systems. The division's
expertise lies in large-scale storage for grid-connected renewable energy;
off-grid renewable power generation and storage; and new applications for
lithium ion batteries. Further information about ReStore Energy Systems is
available at www.restorenergysystems.com.

The ReStore Energy Systems logo is available at

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the
world's largest producers and recyclers of lead-acid batteries. The Company's
four global business groups -- Transportation Americas, Transportation Europe
and Rest of World, Industrial Energy Americas and Industrial Energy Europe and
Rest of World -- provide a comprehensive range of stored electrical energy
products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive,
heavy-duty truck, agricultural and marine applications, and new technologies for
hybrid vehicles and automotive applications. Industrial markets include network
power applications such as telecommunications systems, electric utilities,
railroads, photovoltaic (solar-power related) and uninterruptible power supply
(UPS), and motive-power applications including lift trucks, mining and other
commercial vehicles.

Further information about Exide, including its financial results, is available
at www.exide.com.

The Exide Technologies logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5067

Forward-Looking Statements

Except for historical information, this press release may be deemed to contain
"forward-looking" statements. The Company desires to avail itself of the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 (the
"Act") and is including this cautionary statement for the express purpose of
availing itself of the protection afforded by the Act.

Examples of forward-looking statements include, but are not limited to (a)
projections of revenues, cost of raw materials, income or loss, earnings or loss
per share, capital expenditures, growth prospects, dividends, the effect of
currency translations, capital structure, and other financial items, (b)
statements of plans and objectives of the Company or its management or Board of
Directors, including the introduction of new products, or estimates or
predictions of actions by customers, suppliers, competitors or regulating
authorities, (c) statements of future economic performance, and (d) statements
of assumptions, such as the prevailing weather conditions in the Company's
market areas, underlying other statements and statements about the Company or
its business.

Factors that could cause actual results to differ materially from these forward
looking statements include, but are not limited to, the following general
factors such as: (i) the Company's ability to implement and fund based on
current liquidity business strategies and restructuring plans, (ii) unseasonable
weather (warm winters and cool summers) which adversely affects demand for
automotive and some industrial batteries, (iii) the Company's substantial debt
and debt service requirements which may restrict the Company's operational and
financial flexibility, as well as imposing significant interest and financing
costs, (iv) the litigation proceedings to which the Company is subject, the
results of which could have a material adverse effect on the Company and its
business, (v) the realization of the tax benefits of the Company's net operating
loss carry forwards, which is dependent upon future taxable income, (vi) the
fact that lead, a major constituent in most of the Company's products,
experiences significant fluctuations in market price and is a hazardous material
that may give rise to costly environmental and safety claims, (vii)
competitiveness of the battery markets in the Americas and Europe, (viii) risks
involved in foreign operations such as disruption of markets, changes in import
and export laws, currency restrictions, currency exchange rate fluctuations and
possible terrorist attacks against U.S. interests, (ix) general economic
conditions, (x) the ability to acquire goods and services and/or fulfill labor
needs at budgeted costs, (xi) the Company's reliance on a single supplier for
its polyethylene battery separators, (xii) the Company's ability to successfully
pass along increased material costs to its customers, (xiii) the loss of one or
more of the Company's major customers for its industrial or transportation
products, (xiv) recently adopted U.S. lead emissions standards and the
implementation of such standards by applicable states, and (xv) the ability of
the Company's customers to pay for products and services in light of liquidity
constraints resulting from global economic conditions and restrictive credit
markets, and (xvi) those risk factors described in the Company's fiscal 2009
Form 10-K filed on June 4, 2009 and the Company's Quarterly Report on Form 10-Q
for the period ended September 30, 2009.

The Company cautions each reader of this report to carefully consider those
factors set forth above. Such factors have, in some instances, affected and in
the future could affect the ability of the Company to achieve its projected
results and may cause actual results to differ materially from those expressed
herein.

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CONTACT: J. Addams & Partners, Inc.
MEDIA CONTACTS for Exide Technologies
Jeannine Addams
jfaddams@jaddams.com
Kristin Wohlleben
kwohlleben@jaddams.com
404/231-1132

Exide Technologies
INVESTOR CONTACT
Carol Knies, Senior Director of Investor Relations
678/566-9316
carol.knies@exide.com

Dix & Eaton
MEDIA CONTACT for ReStore Energy Systems
David Hertz
216/241-2145
dhertz@dix-eaton.com