NEW CASTLE, Pa., Feb. 9 /PRNewswire-FirstCall/ -- Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, today announced that it will present at the upcoming Piper Jaffray Fifth Annual Clean Technology & Renewables Conference, to be held February 23, 2010, at The Westin New York at Times Square in New York City.

Axion Power Chief Executive Officer Thomas Granville is scheduled to present on Tuesday, February 23, 2010 at 3:30 p.m. ET in the Broadway I&II Room (3rd Floor) and will discuss the products, customer base and addressable market, and competitive landscape of the Company.

A live webcast of the presentation will be available via a link provided on the investor page of Axion Power's website at www.axionpower.com. An archived replay of the presentation will also be available for a period of 90 days from the date of the presentation on the above-mentioned site.

More information on the Piper Jaffray Fifth Annual Clean Technology & Renewables Conference can be found at: http://www.piperjaffray.com/2col_largeleft.aspx?id=365.

About Axion Power International, Inc.

Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

Axion Power International, Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes this new battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world without significant changes to production equipment and fabrication processes. It also believes it will be able to manufacture carbon electrode assemblies in volume at low cost using standard automated production methods that are commonly used in other industries. If and when its electrode manufacturing methods are fully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-play replacements for lead-based negative electrodes used by all other lead-acid battery manufacturers. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.

For more information, visit www.axionpower.com

SOURCE Axion Power International, Inc.

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