Highpower International Granted U.S. Patent for New Safety Technology

Highpower Now Has Been Granted a Total of 149 Patents

Jul 07, 2015, 08:30 ET from Highpower International, Inc.

SAN FRANCISCO and SHENZHEN, China, July 7, 2015 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ), ("Highpower," or the "Company") a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that the U.S. Patent and Trademark Office has granted a patent for Highpower's safety technology on rechargeable battery. This technology relates to a structural innovation to improve safety features. The patent number is US13/673634.

Safety remains a critical issue for the entire battery industry. Highpower's safety-enhanced rechargeable battery consists of a shell, anode cap, sealing ring and a separating structure that ensures safe and efficient venting in the event of excessive internal air pressure inside the battery. Highpower's proprietary design was created and submitted after extensive research and development efforts. 

Mr. Wenliang Li, Chief Technology Officer of Highpower International, stated, "Patents represent a company's ability to innovate and protect intellectual property, which in turn strengthen the core competence of a company. Highpower has always placed an emphasis on innovation, and has been granted in total 149 patents in China and the United States. This invention patent, authorized by the U.S. Patent and Trademark Office, serves as a milestone event as well as international recognition for our technology. Our safety-enhanced rechargeable battery has gone through rigorous experimentation and testing. We expect to achieve more technological breakthroughs, and to make such technologies applicable and practical, and eventually deliver more safe and powerful battery products to consumers worldwide."

About Highpower International, Inc.   

Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting. Highpower's target customers are Fortune 500 companies, and top 10 companies in each vertical segment. With advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou, China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements  can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements, including, our ability to successfully expand sales of our lithium battery product in the mobile device market and our ability to effectively compete in that market. For a discussion of these and other risks and uncertainties see "Risk Factors "and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

Highpower International, Inc.
Sherry Chen

The Equity Group Inc.
In China
Katherine Yao, Associate

In U.S.
Adam Prior, Senior Vice President
+1 (212) 836-9606

SOURCE Highpower International, Inc.