Valence Technology Delivers Saphion Lithium-Ion Batteries To Graham-Field Health Products

U-Charge Power Systems Enable Extended Range, Lighter Weight for Power Wheelchairs

Austin, TX - Valence Technology, Inc. today announced the delivery of its U-Charge Power Systems to Graham-Field Health Products, a major manufacturer and distributor of healthcare products. These battery systems are based on Valence's proprietary Saphion technology, the industry's first commercially available, safe, large-format lithium-ion rechargeable battery technology.

Per an agreement announced in July 2004, Graham-Field has the exclusive right to resell Valence's U-Charge Power System in the power wheelchair and medical scooter markets within the U.S.

"Using U-Charge Power Systems, we have been able to dramatically improve the performance and reduce the weight of our new power wheelchair models. We can now provide users with the ability to be completely mobile for an entire day, and lifting chairs in and out of vehicles becomes a much easier task," said Irwin Selinger, president and CEO of Graham-Field.

Saphion technology enables the creation of large-format batteries and eliminates safety and environmental concerns associated with oxide-based battery technologies. The U-Charge Power Systems are designed as direct replacements for lead-acid batteries used in deep cycling applications.

"Our U-Charge battery systems offer more energy and last much longer than lead-acid batteries, yet are lighter weight and maintenance-free. From a total cost of ownership perspective, our battery systems are an optimal alternative to lead-acid batteries for a number of motive and industrial applications," said Dr. James Akridge, president and CEO of Valence Technology, Inc.

SOURCE: Valence Technology, Inc.