Advanced Battery Technologies and Wuxi Angell Autocycle Have Collaborated on the Development of an Electric Hybrid

NEW YORK, NY and HARBIN, CHINA, Mar 03 (MARKET WIRE)
--
Advanced Battery Technologies, Inc. (NASDAQ: ABAT) announced that it has
collaborated with Wuxi Angell on the development of an electric hybrid
motorcycle that utilizes cells that were initially designed for mining
equipment. As a result of this collaboration, Advanced Battery Technologies,
Inc. and
Wuxi Angell have obtained the necessary CE markings to start marketing Wuxi's
motorcycle worldwide. As one of its major contributions to this product
development initiative Advanced Battery Technologies, Inc. solved key issues
such as
low volume capacity, impractical size, undesirable weight. Advanced Battery
Technologies, Inc. develops, manufactures, and distributes rechargeable polymer
lithium-ion battery cells for use in electric vehicles, mining equipment and a
variety of many other consumer electronics.

This hybrid motorcycle is expected to be exported to Germany, Italy, France,
Spain and other European countries sometime in 2008. The motor component has
already passed all necessary tests of Wuxi's German importer, A.T.U. In addition
to
that they have received a TUeV certificate, which is required in Germany to
validate the safety of a specific product for humans and the environment. A
letter of intent has also been signed with key dealers in Miami, Houston,
Detroit and LA, with the expectation of this hybrid motorcycle gradually
becoming available in the U.S. in 2008.

"This hybrid electronic motorcycle uses our polymer lithium ion cells. These
cells were initially designed for mining equipment, which is evidence of the
flexibility of our underlying cell technology. Utilizing our cells, Wuxi is able
to
solve some key problems, including the need for larger battery volume, the
difficulty of installing bulky lead-acid batteries, and the added weight that
comes
with it," commented Mr. Zhiguo Fu, Advanced Battery's Chairman and CEO. "With
our cells, this hybrid motorcycle will reduce environmental pollution and save
energy, another strong incentive for our relationship with Wuxi," added Mr.
Zhiguo Fu.

About Advanced Battery Technologies, Inc.

Founded in September 2002, Advanced Battery Technologies develops,
manufactures,
and distributes PLI batteries using lithium cobalt oxide anodes to overcome
many of the shortcomings associated with other types of rechargeable
batteries. ABAT develops PLI batteries for use in electric vehicles, mine lamps,
and consumer electronics, including cellular telephones, laptop computers, and
digital cameras. ABAT maintains research and development, and manufacturing
facilities in Harbin, China, and administrative offices in New York, New
York. Additional information about Advanced Battery Technologies is available
at www.abat.com.cn

Forward-Looking Statements

Certain statements in this news release may constitute "forward-looking"
statements within
the meaning of Section 21E of the Securities and Exchange Act of 1934. The
Company
believes that its expectations, as expressed in these statements, are based
on reasonable assumptions regarding the risks and uncertainties inherent in
achieving those expectations. These statements are not, however, guarantees of
future performance and actual results may differ materially. Risk factors are
listed in the most recent Annual Report on Form 10-KSB, Quarterly Report on Form
10-QSB filed with the Securities and Exchange Commission. Such forward-looking
statementsinvolve risks and uncertainties, which may cause the actual results,
performance,
or achievement expressed or implied to differ.

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