Vendum Batteries Announces Appointment of Dr. Bojan O Boskovic

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Tue Mar 29, 2011 8:46am EDT

  EL SEGUNDO, CA, Mar 29 (MARKET WIRE) -- 
Vendum Batteries (OTCBB: VNDB), a battery technology development company,
is delighted to announce the appointment of Dr. Bojan Boskovic as a
non-executive member of the Advisory Board.

    Dr. Boskovic joins Vendum team as a highly respected member of
Nanomaterials community with more than ten years of hands-on experience
in industry and academia in leading development of cutting-edge
applications of carbon Nanomaterials. Dr. Boskovic is a founder and a
managing director of Cambridge Nanomaterials Technology Ltd,
Nanomaterials innovation management and nanotechnology consulting company
based in Cambridge, England. He has a number of patents and publications
in leading scientific journals related to carbon Nanomaterials synthesis
and their applications.

    Fraser Cottington, CEO of Vendum, believes that Dr. Boskovic's
appointment marks the next phase in the company's development as a
world-renowned name in clean energy storage: "We are very excited about
working with Dr. Boskovic, he understands new materials and how to
deliver solutions in multiple industry applications, his expertise will
help drive the company forward towards new and exciting frontiers in a
number of clean energy market sectors."

    Dr. Boskovic comments: "I am very pleased with the appointment and an
opportunity to help a forward looking company such as Vendum with my
experience, reputation and network of contacts especially in a field of
carbon Nanomaterials. I look forward to working with Fraser and the
Vendum team playing my part to push the boundaries of their current
battery and bring exciting developments to the clean energy storage
industry. I admire the company's ethos of innovation and their
willingness to tackle the industry challenges of creating solutions that
do not require rare metals and look forward to supporting their research
and development team during the coming months and years."

    About Vendum Batteries, Inc.
 Vendum Batteries has a pending patent on a
non-toxic, carbon-based light-weight battery. The paper-thin battery
contains none of the toxic elements used in conventional batteries and
its cutting edge carbon Nanotube and cellulose-based technology makes it
entirely biodegradable. The Vendum Battery will be developed from its
current low power capacity, to soon accommodate the ever-increasing
global demand for durable battery power for cell phones, iPods, gadgets,
human implants and eventually electrical vehicles etc. Americans purchase
around 5 billion batteries, leaving 146,000 tons of battery waste behind,
and given that the worldwide personal battery use is a growing $63
billion industry, the potential of this revolutionary non-toxic
technology could be enormous.

    Disclaimer - Forward Looking Statements
 This press release contains
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and such forward-looking statements are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements" describe
future expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned," "will" or
"should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks that
actual results may differ materially from those projected in the
forward-looking statements; projected events in this press release may
not occur due to unforeseen circumstances, various factors, and other
risks identified in a company's annual report on Form 10-K and other
filings made by such company.

    For more information please visit www.vendumbatteries.com

    

Vendum Batteries, Inc.
1(301) 426-2053
Investor relations
1(888) 426-1116 
1(646) 224-5914 
vendum@mscorpcommunications.com 

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