Axion Power™ to Present at The Jefferies 11th Global Clean Technology Conference on February 24

NEW CASTLE, Penn., Feb. 16, 2011 /PRNewswire/ -- Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, today announced that the Company will present at the Jefferies 11th Global Clean Technology Conference, to be held February 23 - 24, 2011, at the New York Palace Hotel in New York City.

Axion Power's Chief Executive Officer Thomas Granville is scheduled to present on Thursday, February 24, 2011 at 1:30 p.m. ET in the Kennedy II Room (4th Floor) and will discuss Axion's advanced technology products.  Axion's proprietary PbC® energy storage device has unique performance characteristics due to the utilization of an activated carbon negative electrode that replaces the lead negative electrode found in lead-acid batteries. The altered chemistry provides the end PbC product with unique characteristics including: longer cycle life, significantly faster recharge capabilities and vastly improved charge acceptance (5 to 10 times greater) when compared to other advanced lead-acid battery technologies. Granville will also cover customer base, addressable market and the competitive landscape.

Management will be available for one-on-one meetings with analysts and investors during February 23 and 24. Interested parties who wish to meet with the Company's management team may contact Rudy Barrio at Allen & Caron Inc directly at 212-691-8087, e-mail: [email protected].

More information on the Jefferies 11th Global Clean Technology Conference can be found at: http://www.jefferies.com/cositemgr.pl/html/OurFirm/ConferencesEvents/upcoming/20110223GlobalCleanTech.shtml

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 utilizing Axion's proprietary carbon electrodes. 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.