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April 2007

PowerGenix to produce sealed batteries

PowerGenix, Inc., a developer of high-rate discharge, sealed rechargeable nickel-zinc (NiZn) batteries, has entered into an agreement with Hunan Corun Hi-Tech Co. Ltd, for high volume production and Asian distribution of NiZn batteries.

Joseph A. Carcone, vice president of PowerGenix, stated, “The limiting factor has always been reliability and cycle life, which PowerGenix has solved.” added Mr. Carcone.

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