pta20150121019
Business news for the stock market

iQ Power AG: iQ Power partner Discover Energy starts sales of its MIXTECH car batteries in Canada

Zug / Hong Kong (pta019/21.01.2015/15:10 UTC+1) ,
- Discover Energy International Limited's (Discover) Factory Warehouse in Canada, Canadian Energy, has received their first batteries with DISCOVER MIXTECH.
- The batteries are being distributed through Canadian Energy's wholesale and retail distribution network in Canada.

Discover Energy International Limited, Hong Kong, announces the delivery of its first shipment of Automotive Starter Batteries with DISCOVER MIXTECH (utilizing iQ Power's new generation technology) to the North American market. Canadian Energy, the company's Factory Warehouse in Canada has received, and is distributing the batteries through their established nationwide network.

With an estimated more than 21.5 million registered vehicles on the road, Canada is one of the largest battery markets globally. It is also strategically a key market to showcase DISCOVER MIXTECH technology's performance in harsh winter climates. Kevin Loman, Director, Discover Energy International Limited, Hong Kong said "the DISCOVER MIXTECH innovation allows optimal charging and retention of charge in extreme cold temperatures, and since Canada has one of the coldest operating conditions on the planet, it is one of the best markets from which to illustrate the benefits of DISCOVER MIXTECH."

Day in and day out Canadian Energy aims to provide the most value to its partners by offering the widest range of products in every market alongside a warranty that's the best in the biz - DISCOVER MIXTECH will be an intricate part of achieving this. The company offers unprecedented support to its customers and provides solutions for the most challenging problems in the most extreme applications. Canadian Energy's goal is to be the industry leader in renewable energy generation and storage in Canada and is already one of the largest distributors of automotive and commercial batteries across the country.

Discover Energy has strategically located facilities around the globe, world-leading OEM and after market customers, and is one of the largest providers of EV Traction Dry Cell Batteries for OEM Solutions Worldwide. Discover manufactures and distributes battery and power related products, engineers Clean & Green® innovative solutions, and operates responsible product life cycle management and recycling programs.

DISCOVER MIXTECH, designed to generate better performance in Start-Stop applications and to meet the growing demands of electronic usage in vehicles today, is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery ensures uniform acid density for higher sustained performance throughout the entire life of the battery. This prolongs plate life by eliminating acid stratification and thermal gradients, delivering greater material utilization for a lower cost per cycle over conventional batteries. The patented technology was awarded the coveted Automechanika innovation award 1st prize in 2010.

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Emitter: iQ Power AG
Metallstrasse 6
6304 Zug
Switzerland
Contact Person: Dr. Eva Reuter
Phone: +49 251 9801560
E-Mail: e.reuter@dr-reuter.eu
Website: www.iqpower.com
ISIN(s): CH0020609688 (Share)
Stock Exchange(s): Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich
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