Axion Power International, Inc., Advanced Battery Concepts, LLC, Announce Technology Assessment Program

NEW CASTLE, Pa. and CLARE, Mich., April 13, 2016 /PRNewswire/ -- Advanced Battery Concepts, LLC, (ABC) a technology leader in large format bi-polar battery design and development and Axion Power International, Inc., (Axion) a company on the leading edge of lead-carbon energy storage, have teamed in a Joint Technology Assessment Program to assess the performance, efficacy and cost efficiency of using Axion's negative electrode technology and materials in ABC's "GreenSeal®" bipolar battery.  

ABC's GreenSeal® Batteries are a bi-polar advanced lead acid battery that have been in development for over 5 years and are protected with several global patents. This technology reduces the lead content of a traditional lead acid battery by over 46% and is fully recyclable. Axion's patented lead carbon battery is the only advanced battery technology with an all carbon negative electrode, producing faster recharge rates, greater charge acceptance, longer life cycles and minimal maintenance. 

Axion's Chief Executive Officer, Richard Bogan said, "Axion is pleased to team-up with ABC, on this focused joint R&D effort, to explore the unique power and features of our respective proprietary technologies. Our work together could directly impact new and significant energy storage commercial applications." 

ABC's Chief Executive Officer and Chief Technology Officer, Dr. Edward Shaffer said, "We are really excited about this program which will allow us to demonstrate the production readiness of bipolar PbC® batteries in ABC's general purpose modules."  

Until now ABC has focused its efforts on lead acid battery technologies. This program is a significant step in applying GreenSeal® technology in other battery chemistries. "Our independent bipolar lead carbon studies have shown significant performance uplifts compared to existing prismatic lead carbon products. Now ABC will be able to clearly demonstrate that this is the case," Shaffer stated. 

The main goal of the joint program is to demonstrate the production readiness of bipolar PbC® batteries using ABC's General Purpose 12V 17Ah modules as the demonstration format. In addition the joint testing will measure key performance metrics, develop cost models, and develop rules for designing PbC® products to specification of fitment, voltage, and capacity. 

About Axion Power International, Inc.
Axion Power is a technology leader in lead-carbon energy storage.  Axion's patented lead carbon battery is the only advanced battery technology with an all carbon negative electrode. Axion's negative electrodes are designed to be directly substituted for lead acid negative electrodes producing the unique benefits of the Axion carbon technology.  Axion Power's primary goal is to become the leading supplier of carbon electrode assemblies for lead-acid battery companies around the world.

For more information, visit www.axionpower.com

About Advanced Battery Concepts, LLC
Advanced Battery Concepts LLC is a global battery technology development company based in Clare, Michigan, and is the first company to successfully design a bipolar, lead acid battery and develop and implement a commercially viable manufacturing process for such batteries.  Even though GreenSeal® batteries reduce the lead content by as much as 46%, they produce the same amount of energy as conventional lead acid batteries.  In addition, they offer improved cycle life, improved power and faster recharging.  Advanced Battery Concepts is currently working with existing lead acid battery producers and engaging licensees to realize the commercial potential of its technology, as well as on-going production of batteries and additional research from its Battery Research & Engineering Development Centre in Michigan to broaden its technology portfolio with the aim of producing better batteries for a better world.       

For more information, visit www.advancedbatteryconcepts.com   

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SOURCE Axion Power International, Inc.