Lithium Technology Corporation ("LTC") (OTC: LTHU), and German
Parliament officials present and drive at the Frankfurt International
Auto Show LTC's fuel efficient demonstration vehicle, which can
achieve 125+ miles per gallon (mpg) utilizing LTC's lithium ion iron
phosphate battery. An official technology provider for Germany's Green
Party during the event, LTC will showcase a Toyota Prius converted to
a plug-in hybrid vehicle and retrofitted with the Company's unique
patented battery technology at the show beginning Tuesday, September
11, and themed, "See what's driving the future."
Germany's Green Party recognizes LTC's leading innovations in
manufacturing quality batteries to promote energy fuel efficiency in
the automotive industry. The Company's efforts support the Green
Party's promotion of the "Green Car Concept" program at the world's
largest auto show. The Green Car Concept calls for the automotive
industry to adopt new advanced technologies, like that of LTC, to cut
dependence on fossil fuels and ensure a healthy future.
"We're very excited to be a part of the Frankfurt Auto Show to
demonstrate LTC's progress that has been achieved and the technology
available to make a difference in the automotive industry today," said
Dr. Klaus Brandt, chief executive officer of LTC. "Our plug-in hybrid
is proof that together with the car companies we can make a
significant impact on today's mounting environmental problems, and we
will show first-hand that our technology is the solution to enable
hybrid electric vehicles and plug-in hybrid vehicles."
The battery for the Prius utilizes LTC's product line of lithium
ion iron phosphate (LiFePO(4)) cells, the largest cells of their kind
in the world, which are considered to be the technology of choice for
car manufacturers. The 7 kWh battery is comprised of 63 iron phosphate
cells. This large energy content results in an electric driving range
of approximately 30 miles and allows the vehicle to achieve
exceptionally low gas consumption in a mixed electric and hybrid mode.
LTC's large format technology allows for more reliable battery systems
with a significantly lower number of cells. The battery management
system (BMS) is more precise by monitoring fewer cells, keeping them
in balance for best performance and preventing damage to the battery
due to over voltage, under voltage, over temperature and short
circuit.
"LTC believes the world has come to the conclusion that a change
is needed in the way we operate in our daily lives in order to save
our environment, and a major part of this change will require larger
and better batteries to power advanced vehicles," commented Brandt.
LTC's plug-in hybrid will be onsite at the Frankfurt International
Auto Show September 11 - 23. For more information about LTC's
involvement with the Green Party, please visit
www.gruene-bundestag.de.
About Lithium Technology Corporation: Lithium Technology
Corporation (LTC) is a global provider of large format rechargeable
power solutions for diverse applications, and offers the largest
lithium-ion cells with the highest power of any standard commercial
lithium ion cell produced in the western hemisphere. With more than 20
years of experience, LTC leverages its extensive expertise in high
power and large battery assemblies to commercialize advanced lithium
batteries as a new power source in the military and national security
systems, transportation and stationary power markets.
LTC manufactures the GAIA(R) product line of large, high power
hermetically sealed rechargeable lithium-ion cells and batteries. The
Company's product portfolio includes large cells and batteries from 10
times the capacity of a standard laptop computer battery to 100,000
times greater. LTC manufactures a variety of standard cells that are
assembled into custom large batteries complete with electronics
(battery management systems) and electronics to communicate with other
components of the system for performance monitoring.
LTC headquarters are located in Plymouth Meeting, PA and R&D in
Nordhausen, Germany. LTC sales for the U.S. and European markets are
managed out of each of the offices. For more information about LTC,
its technology and products, please visit http://www.lithiumtech.com.
Safe Harbor for Forward-looking Statements:
The foregoing information contains forward-looking statements,
which involve risks and uncertainties relating to such matters as
financial performance, technology development, capital raising,
business prospects, strategic partnering and similar matters. A
variety of factors could cause LTC's actual results and experience to
differ materially from anticipated results or other expectations
expressed in these forward-looking statements. This notice does not
constitute an offer of any securities for sale.
