Battery Power 2010 is an international conference highlighting the latest developments and technologies in the battery industry. This eighth annual event will feature more than 35 presentations on portable, stationary and automotive battery technology, as well as battery manufacturing, materials and research & development. Topics will include new battery designs, emerging technologies, battery materials, power management, charging and testing systems, battery health, as well as the latest market trends affecting the industry.
The conference is designed for OEM design engineers, system engineers, technical and management professionals involved in battery powered products and systems, battery manufacturing, battery technology research and development and power management technology.

IMLB 2010 is the opportunity to stay up-to-date on the state of lithium battery science and technology, as well as current and future applications in transportation, commercial, aerospace, biomedical, and other promising sectors.

Professors Shoji Tanaka and Walter Kosonocky, founders of the Symposia, first organized the VLSI Technology Symposium in 1981 with the hope of offering an opportunity for world's top technologists to engage in an open exchange of ideas on what was quickly becoming a revolution in the world's industrial capability. 

Attendees are offered a two-day program with 24 technical presentations (mainly in German), a one-day Light Electric Vehicle Workshop with focus on battery standardization, a half-day seminar on the topic of United Nations transportation regulations for lithium batteries and a lithium-ion introductory course for newcomers. For additional information, please visit http://www.batteryuniversity.eu/index.php?/Pressemitteilungen/Press-Release-%C2%B7-3.-Developer-Forum-Battery-Technologies-2010.html.

AIChE is the world's leading organization for chemical engineering professionals, with nearly 43,000 members from over 90 countries.

The Association for Corporate Growth (ACG) is an individual- and company-based organization focused on mergers and acquisitions (M&A) and corporate growth.  ACG Boston members include corporate executives, private equity and venture capital investors, investment bankers, and service professionals.

In its 12th year, the Swedish National Energy Convention 2010, organized by The Swedish Energy Agengy, is Sweden's largest and most prestigous energy conference. The event attracts more than 2,000 energy experts from Sweden and Scandinavia every year and will be held March 16-17, 2010 in Stockholm, Sweden.

In the 27 years of its existence, this Seminar has been the leader in providing key industry speakers to discuss the state of the art of worldwide energy storage technology developments for portable products, power and vehicular applications. The meeting provides not only broad perspectives, but also informed insights into significant advances in materials, product development and application for all battery systems and enabling technologies. The meeting is renowned for offering broad networking and exhibiting opportunities to the international battery community.

WESTBOROUGH, Mass. – March 9, 2010 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, has been named by The Wall Street Journal a Top 10 clean technology company in its “Next Big Thing” list of the top 50 venture-funded companies. Boston-Power appears on the list, published in today’s issue of The Wall Street Journal, alongside other leading clean technology companies including Fisker Automotive, Silver Spring Networks, Solyndra and Tesla Motors.

The list is published in conjunction with The Wall Street Journal’s ECO:nomics conference, held March 3-5 in Santa Barbara, Calif. A premier forum for leaders at the intersection of business and the environment, the conference brought together several hundred CEOs, other key executives and officials from the most influential and visible companies, governments and organizations around the globe to share insights into the strategic opportunities associated with environmental issues.

The Next Big Thing survey, based on proprietary data from Dow Jones VentureSource, identifies green companies that have the capital, executive experience and investor know-how to succeed. A team from Dow Jones VentureSource calculated the rankings, applying a set of financial criteria to some 350 U.S.-based venture-backed businesses in clean technology. Dow Jones reporters and editors who cover the venture capital industry also provided their perspective and expertise beyond the numbers. Dow Jones VentureSource tracks more than 38,000 venture-backed companies in the U.S., Canada, Europe, China and India, as well as over 14,000 private investment firms worldwide.

Today’s announcement comes on the heels of Boston-Power’s receipt of a prestigious 2010 Technology Pioneer Award, presented in January at the 40th World Economic Forum. The award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society.

“At Boston-Power, our belief in the power of technological innovation as a catalyst for environmental sustainability fuels our commitment to game-changing   energy storage solutions,” said Boston-Power Founder and CEO Dr. Christina Lampe-Önnerud. “We’re honored to be included in the Next Big Thing list as one of the companies capitalizing on this opportunity. From battery electric vehicles and plug-in hybrid electric vehicles to notebook computers and utility energy storage systems, our team is dedicated to providing innovative, green batteries that are playing an important role in a more sustainable future.”

With more than 100 patents pending, Boston-Power’s advances in the area of energy storage have earned the company worldwide recognition. Proving that a commitment to environmental sustainability can complement high value, competitively differentiated products and world-class mass manufacturing, the company counts HP among its customers – making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC).

Dr. Lampe-Önnerud has an established track record of commitment to environmental sustainability, providing expertise on energy and environmental issues to governments and NGOs around the globe. While serving as top executive of Boston-Power, she has remained active in groups such as Club of Madrid, where she has lent her scientific expertise to combat climate change. Her work also includes participation in the Road to Copenhagen Conference in Malmö, Sweden, December 8, 2009, immediately preceding the COP15 United Nations Climate Change Conference in Copenhagen, Denmark; the Technology and Finance in Climate Cooperation (CC8), held in June 2008 in Oslo, Norway; and the Road to Copenhagen Conference 2007 in Brussels, Belgium.

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology, whose rechargeable cells have earned the prestigious Nordic Ecolabel accreditation. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Randy Wambold
CHEN PR for Boston-Power
Mobile: 617.943.6476
rwambold@chenpr.com

WESTBOROUGH, Mass. – March 9, 2010 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, has been named by The Wall Street Journal a Top 10 clean technology company in its “Next Big Thing” list of the top 50 venture-funded companies. Boston-Power appears on the list, published in today’s issue of The Wall Street Journal, alongside other leading clean technology companies including Fisker Automotive, Silver Spring Networks, Solyndra and Tesla Motors.

The list is published in conjunction with The Wall Street Journal’s ECO:nomics conference, held March 3-5 in Santa Barbara, Calif. A premier forum for leaders at the intersection of business and the environment, the conference brought together several hundred CEOs, other key executives and officials from the most influential and visible companies, governments and organizations around the globe to share insights into the strategic opportunities associated with environmental issues.

The Next Big Thing survey, based on proprietary data from Dow Jones VentureSource, identifies green companies that have the capital, executive experience and investor know-how to succeed. A team from Dow Jones VentureSource calculated the rankings, applying a set of financial criteria to some 350 U.S.-based venture-backed businesses in clean technology. Dow Jones reporters and editors who cover the venture capital industry also provided their perspective and expertise beyond the numbers. Dow Jones VentureSource tracks more than 38,000 venture-backed companies in the U.S., Canada, Europe, China and India, as well as over 14,000 private investment firms worldwide.

Today’s announcement comes on the heels of Boston-Power’s receipt of a prestigious 2010 Technology Pioneer Award, presented in January at the 40th World Economic Forum. The award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society.

“At Boston-Power, our belief in the power of technological innovation as a catalyst for environmental sustainability fuels our commitment to game-changing   energy storage solutions,” said Boston-Power Founder and CEO Dr. Christina Lampe-Önnerud. “We’re honored to be included in the Next Big Thing list as one of the companies capitalizing on this opportunity. From battery electric vehicles and plug-in hybrid electric vehicles to notebook computers and utility energy storage systems, our team is dedicated to providing innovative, green batteries that are playing an important role in a more sustainable future.”

With more than 100 patents pending, Boston-Power’s advances in the area of energy storage have earned the company worldwide recognition. Proving that a commitment to environmental sustainability can complement high value, competitively differentiated products and world-class mass manufacturing, the company counts HP among its customers – making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC).

Dr. Lampe-Önnerud has an established track record of commitment to environmental sustainability, providing expertise on energy and environmental issues to governments and NGOs around the globe. While serving as top executive of Boston-Power, she has remained active in groups such as Club of Madrid, where she has lent her scientific expertise to combat climate change. Her work also includes participation in the Road to Copenhagen Conference in Malmö, Sweden, December 8, 2009, immediately preceding the COP15 United Nations Climate Change Conference in Copenhagen, Denmark; the Technology and Finance in Climate Cooperation (CC8), held in June 2008 in Oslo, Norway; and the Road to Copenhagen Conference 2007 in Brussels, Belgium.

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology, whose rechargeable cells have earned the prestigious Nordic Ecolabel accreditation. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Randy Wambold
CHEN PR for Boston-Power
Mobile: 617.943.6476
rwambold@chenpr.com

Most Recently Served as General Manager for Group Overseeing
Multibillion Dollar Component Sales and Technology Licensing

WESTBOROUGH, Mass. – February 22, 2010 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced that internationally respected automobile industry executive Robert C. Purcell, Jr. has joined its board of directors. Working closely with Boston-Power’s executive team and fellow board members, Purcell is applying his expertise in battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) to help drive the deployment of Boston-Power’s batteries throughout the transportation sector.

Motivated by a love for cars since he was a teenager, Purcell, 57, embarked on his career by serving as a certified mechanic for luxury models and high performance sports cars. During the next three decades, his vision for the future of transportation and the role that electric vehicles could play led him to a series of progressively more strategic and influential roles within General Motors (GM).

“Boston-Power is bringing to the transportation industry a game-changing lithium-ion battery that delivers unmatched levels of high energy density, safety, low cost, fast charge and environmental sustainability,” said Boston-Power Founder and CEO Dr. Christina Lampe-Onnerud. “As a pioneer in the electrification of transportation, Bob Purcell brings a perfect combination of invaluable insights, real-world experiences, and an established, international executive network to our company. We’re thrilled to add him to our team.” 

From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). GM ATV was responsible for the development and production of the GM EV-1, the world’s first modern electric vehicle, which went into production in 1996. His organization also developed and produced the S-10 Electric Truck and developed the GM Precept Hybrid Vehicle, which was part of President Clinton’s Partnership for a New Generation of Vehicles program. Many of the technologies pioneered at GM ATV are still widely used today throughout the industry in electric, hybrid and fuel cell vehicles. In addition to his responsibilities at GM ATV, he also served as chairman of the GM-Ovonic Advanced Battery Joint Venture.

Prior to completing his career at GM in 2008, Purcell served as vice president of global planning, sales and strategic alliances for the General Motors Powertrain Group. In that position, he was responsible for global business and technology planning for GM’s engine and transmission operations. His organization also managed Powertrain’s $2 billion annual direct component sales and $1 billion technology licensing activities.

“I’ve been looking for a battery like Boston-Power’s for 20 years,” Purcell said. “I knew immediately upon meeting the team and reviewing the technology platform that I wanted to play a role within the company. In addition to being in mass production and embodying the right combination of capabilities in terms of extended range, weight and space, safety, cost and quick recharge, Boston-Power’s batteries are the only ones to earn stringent certifications for environmental sustainability. They’re already being well received by the auto industry and I’m confident they will be adopted for a range of vehicles by manufacturers around the world.” 

Purcell currently serves as founder and president of Purcell & Associates, LLC, a senior advisory group specializing in advanced automotive and alternative energy investment projects. His clients have included companies ranging from MidAmerican Energy Holdings, a Berkshire Hathaway Company, to EDC Automotive, an emerging leader in automotive thermal management systems. 

Boston-Power’s products have earned the company worldwide recognition. Last month, the company earned a prestigious Technology Pioneer Award from the World Economic Forum. Proving that a commitment to environmental sustainability can complement sought-after, competitively differentiated products and world-class mass manufacturing, Boston-Power counts HP among its customers – making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC).

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Chris Carleton
CHEN PR for Boston-Power
O: 781-672-3115
C: 857-891-2989
ccarleton@chenpr.com

Portable Power Innovator Serves as One of the Discussion Leaders on Green Technologies at Internationally Respected Conference

WESTBOROUGH, Mass. and Davos-Klosters, Switzerland – January 26, 2010 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, is receiving the prestigious 2010 Technology Pioneer Award at the 40th World Economic Forum Annual Meeting commencing today and running through this Sunday, January 31 in Davos-Klosters, Switzerland.

The Technology Pioneer award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society. Members of the media interested in speaking with Dr. Lampe-Önnerud at the conference or by phone are invited to contact Randy Wambold at 617.943.6476 or rwambold@chenpr.com.

Dr. Lampe-Önnerud joins some 2500 participants at the Annual Meeting,  including 900 business chief executives, to discuss technology’s impact on business and society and to contribute to the 2010 Annual Meeting’s call to action: “Improve the State of the World: Rethink, Redesign and Rebuild.” A video in which Dr. Lampe-Önnerud discusses Boston-Power’s approach to innovation, taken on the occasion of Boston-Power’s recognition as a Technology Pioneer, is available on YouTube.

“At Boston-Power, our commitment to working with the global community to leverage technological innovation as a catalyst to improve the quality of life around the world is an integral part of our mission and vision,” said Dr. Lampe-Önnerud. “It’s gratifying to have that commitment recognized by the internationally respected Technology Pioneer award, and we’re proud to share this distinction with the 25 other visionary companies receiving this honor this year. I welcome the opportunity to represent our company here at the Annual Meeting and to work closely with the world’s most influential business, academic, government and other leaders in effecting positive change.”

While at the Annual Meeting, Dr. Lampe-Önnerud will participate in the session entitled “IdeasLab with Technology Pioneers: Betting on Green” (Friday, January 29, 2:30-3:45 p.m., Congress Centre – Jackobshorn). Joining her will be Alan Barton, CEO, Lehigh Technologies; Richard Eno, CEO, Metabolix; Bill Gross, Co-Founder, Chairman and CEO, eSolar; and K.R. Sridhar, Co-Founder and CEO, Bloom Energy.

Boston-Power is the only energy storage company to earn a 2010 Technology Pioneer award. Other recipients include Twitter, Aura Biosciences, eSolar, Proteon Therapeutics and Serious Materials. Winners from prior years include such widely respected companies as Mozilla, Wikimedia Foundation, Silver Spring Networks, Gridpoint and Phase Forward.

The identification of the Technology Pioneers is the result of a vigorous selection process for which the Forum received hundreds of applications from around the world, evaluated by 58 global technology experts. Boston-Power’s accomplishments were recognized among a distinguished field of applicants, which included a substantial increase in the number of cleantech and energy-related companies in particular applying for the award this year.

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology, whose rechargeable cells have earned the prestigious Nordic Ecolabel accreditation. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Randy Wambold
CHEN PR for Boston-Power
Mobile: 617.943.6476
rwambold@chenpr.com

WESTBOROUGH, Mass. – January 21, 2010 – Boston-Power, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced a worldwide marketing partnership with leading electronics distributor and manufacturer AV Concept Holdings Limited (“AV Concept” or the “Group”) with a focus in the Korean and Chinese markets. A strategic move that underscores AV Concept’s commitment to the rechargeable lithium-ion battery market, the company will leverage Boston-Power’s award-winning lithium-ion technology platform across a range of end applications.

Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC). The lithium-ion battery market was estimated to be over U.S. $8 billion worldwide in 2008 (Source: Market Avenue, Feb 2009). The market is expected to grow in double-digit percentages in coming years as green energy storage solutions like Boston-Power’s are required in high-growth markets, including renewable energy, such as solar and wind power, and Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV).

“Renewable energy and energy storage are both widely believed to be high-growth markets in China and across the globe,” said Mr. So Chi On, CEO of AV Concept. “Green energy storage solutions like Boston-Power’s are the key enabling technology for such applications. By combining Boston-Power’s award-winning technology with our proven distribution sales network and early investment in Wavesquare LED technology, we will have boosted capabilities to explore and engage with high-growth applications and business opportunities in the future and bring more fruitful returns to our shareholders.”

The advantages of Boston-Power’s technology over traditional lithium-ion batteries include:

• Long-Life: The world’s first battery to deliver like-new performance for more than three years, allowing portable power OEM partners to offer an industry-first three-year warranty.
• Fast Charge: Charges to 80% capacity in 30 minutes, over 50% faster than a traditional lithium-ion battery.
• Safety: Multiple, redundant safety features.
• Environmentally Accredited: Nordic and China Ecolabel certified.

Boston-Power’s battery technology supports environmental sustainability on multiple levels. The dramatic increase it brings in cumulative battery life and predictability greatly reduces the need for battery replacement, requiring less energy to be expended – and fewer raw materials to be consumed – in the manufacturing required to replace current-generation batteries. The company also chooses environmentally responsible materials in both the development and manufacturing of the batteries and their packaging. In recognition of these facts, Boston-Power is the first and only provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center.

“Our mission at Boston-Power has always been to deliver a dependable, high-performance, environmentally sustainable and safe battery platform – one that could easily scale to a wide range of markets and applications,” said Dr. Christina Lampe-Önnerud, Founder and CEO, Boston-Power. “We’re excited that AV Concept shares that vision and will now be able to provide an industry-leading energy storage solution to its customers in Asia and across the globe.”

Dr. Lampe-Önnerud has an established track record of commitment to environmental sustainability, providing expertise on energy and environmental issues to governments and NGOs around the globe. While serving as top executive of Boston-Power, she has remained active in groups such as Club of Madrid, where she has lent her scientific expertise to combat climate change. Her work on this issue also includes participation in the Road to Copenhagen Conference 2009, held last December in Malmo, Sweden; the Technology and Finance in Climate Cooperation (CC8), held in June 2008 in Oslo, Norway; and the Road to Copenhagen Conference 2007 in Brussels, Belgium. Also last December, Boston-Power received a prestigious 2010 Technology Pioneer Award from the World Economic Forum (WEF) and Dr. Lampe Önnerud will be attending and presenting at the 2010 WEF Annual Meeting in Davos-Klosters, Switzerland from January 27-31.

About AV Concept Holdings Limited
AV Concept Holdings Limited is a dynamic and fast growing electronics group listed on the Hong Kong Stock Exchange. The Group’s businesses include marketing and distribution of electronic components; and the design, manufacture as well as sale of electronic products and niche medical products. Its wholly owned subsidiary – AV Concept Limited – is one of Asia’s leading electronic component distributors for Samsung Electronics and Fairchild Semiconductors. It is also a “One-stop Service Provider” with strong ability and intelligence in sourcing all kinds of application software designs and electronic components that match customer needs. Headquartered in Hong Kong with major sales offices in Shenzhen, Shanghai, Singapore, Malaysia, the Philippines, Indonesia and India, AV Concept Limited boasts a comprehensive distribution network and strong sales expertise in China and the South East Asia region. Visit AV Concept at http://www.avconcept.com/html/en/home.asp

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV) as well as the emerging utility energy storage market. Founded in 2005 and with more than 100 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia. For more information, please visit: http://www.boston-power.com

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, contact:
Brad Baker
CHEN PR
O: 781-672-3118
bbaker@chenpr.com

Media Advisory      

Trollhättan, Sweden /December 15, 2009 – A Swedish industry-first electric automobile coalition has been established to fuel the advancement of zero-emission, high performance vehicles.

Funded by $86 million SEK (approximately $12 million U.S.) from a Swedish Energy Agency grant announced on December 10, 2009, the coalition includes companies from the automotive manufacturing, battery and electric power train sectors.

Initial demonstration models of the vehicle -- named the ZE Saab 9-3 (ZE for zero emissions) – are already receiving positive reviews. The group plans to build more than 100 additional cars in 2010. 

Participating organizations are:

•  Saab Automobile AB (automotive engineering and manufacturing)
•  Boston-Power, Inc. (lithium-ion batteries)
•  Electroengine in Sweden AB (electric power trains)
•  Innovatum (project management)
•  Power Circle (Sweden’s electric power industry trade organization)

The electrification of transportation represents one of the most significant shifts since the invention of the automobile.  The collation brings together internationally recognized experts, products and technologies to foster this transition.

For more information or to schedule an interview with the companies involved in the coalition, please contact the following individuals:

For Innovatum: Tore Helmersson +46 730 915 100, tore.helmersson@innovatum.se
For Boston-Power: Chris Carleton, +1 781 672 3115, ccarleton@chenpr.com
For Power Circle: Christer Asplund, +46 707 822 650, c.asplund@placeinvest.se
For Electroengine in Sweden AB: Thomas Bergfjord, +46 707 999 701, thomas.bergfjord@electroengine.se
For Saab Automobile: Gunilla Gustavs, +46 520 279 797, gunilla.gustavs@saab.com

Innovatum Technology Park is a development centre in the west of Sweden, packed with research projects and inspirational activities. We consist of a science centre, a project arena and an incubator. Innovatum Technology Park wants to inspire new thinking and our point of departure is that the very best way to generate learning and new knowledge is when people cooperate. We are therefore concentrating on arenas with resources which stimulate and utilize precisely this.

Saab Automobile is a global premium brand, reflecting a unique Scandinavian design ethic, fused with a strong aircraft engineering heritage.   Saab was founded in Sweden in 1937 as Svenska Aeroplan Aktiebolaget (Swedish Aircraft Company), revealing the prototype for its first aircraft-inspired passenger car in 1947.  Saab has a strong history of innovation and is recognised for pioneering turbo charging as well as safety and flex-fuel technology.  The Saab Automobile's headquarters and world class producTrtion facility are located in Trollhättan, Sweden.  Saab Automobile AB employs 3500 in Sweden.  Saab is recognised as the premium car manufacturer for independent-minded drivers.

Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV), as well as the emerging utility energy storage market. Founded in 2005 and with more than 100 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

Electroengine develops and markets system products and solutions for the next generation electric power trains based on CEO Thomas Bergfjord’s, innovations. Electroengine is supported by the Uppsala Innovation Centre and Almi corporate partners in Uppsala.

Power Circle's objective is to work towards electric power technology to be strengthened and having the industry support a positive sustainable community of development. Together with our members we achieve this through attracting investment capital, stimulating power technology projects and working towards increasing the attractiveness of engineering and technology based education.

# # #

Internationally Respected Battery Technology Innovator Calls for Action Now,
Joining Executives from the U.N., The Bellona Foundation, HP and E3G to Form the Technology Working Group

WESTBOROUGH, Mass. – December 9, 2009 – Boston-Power, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced its founder and CEO, Dr. Christina Lampe-Önnerud, participated in the Technology Working Group at the Road to Copenhagen Conference in Malmö, Sweden, yesterday, December 8. Immediately preceding the COP15 United Nations Climate Change Conference beginning this week in Copenhagen, Denmark, at which the U.N. seeks to reach a post-Kyoto Protocol global climate change agreement, the conference hosted an elite group of scientists, academics, politicians and business leaders from around the world. Video coverage of the conference, including Dr. Lampe-Önnerud’s presentation, is available at the Cool Planet Web site.

Members of the media interested in speaking with Dr. Lampe-Önnerud regarding her participation in the conference are invited to contact Randy Wambold at 781-672-3119 or rwambold@chenpr.com.

Joining Dr. Lampe-Önnerud on the Technology Working Group chaired by Margot Wallström, Vice-President of the European Commission and former Environment Commissioner, were Tariq Banuri, Director, Division for Sustainable Development/CSD Secretariat, UN Department of Economic and Social Affairs; Frederic Hauge of The Bellona Foundation; Klaus Hieronymi, Chairman of the Environmental Board, HP Europe, Middle East & Africa; and Nannan Lundin, Programme Leader, EU-China, E3G.

“It is absolutely imperative that we deploy the technologies available today to combat climate change,” said Dr. Lampe-Önnerud. “I believe that solving this problem requires legislators and the global community to think in terms of the next fifty years. With this issue front and center on the global political consciousness, and with the people of the earth ready to embrace innovation and employ new thinking to address this problem, the opportunity is immediately before us to bring about change that will impact generations to come. We believe our company’s progress in portable power, electrification of transportation and utility energy storage innovation shows the difference a passionate and committed group of individuals can make. I’m pleased to have had the opportunity to participate in the Road to Copenhagen conferences to help ensure that our global climate change efforts remain rooted in sound science, and to call for leveraging the technological innovation available today to combat pollution.”

Boston-Power’s battery technology supports environmental sustainability on multiple levels. The dramatic increase it brings in cumulative battery life and predictability greatly reduces the need for battery replacement, requiring less energy to be expended -- and fewer raw materials to be consumed – in the manufacturing required to replace current-generation batteries. The company also chooses environmentally responsible materials in both the development and manufacturing of the batteries and their packaging. In recognition of these facts, Boston-Power is the first and only provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from China Environmental United Certification Center.

Dr. Christina Lampe-Önnerud has an established track record of commitment to environmental sustainability, providing expertise on energy and environmental issues to governments and NGOs around the globe. While serving as top executive of Boston-Power, she has remained active in groups such as Club of Madrid, where she has lent her scientific expertise to combat climate change. Her work on this issue also includes participation in the previous Road to Copenhagen conferences, the Technology and Finance in Climate Cooperation (CC8), held in June 2008 in Oslo, Norway, and the Road to Copenhagen Conference 2007 in Brussels, Belgium.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, contact:
Randy Wambold
CHEN PR
O: 781-672-3119
rwambold@chenpr.com

Company Founder and CEO Dr. Christina Lampe-Önnerud Will Accept Award at World Economic Forum Annual Meeting in Switzerland in January 2010

WESTBOROUGH, Mass. – December 3, 2009 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced it has been named a 2010 Technology Pioneer by the World Economic Forum. The only energy storage company to earn this distinction, company founder and CEO Dr. Christina Lampe-Önnerud will join top executives from Twitter, Aura Biosciences, eSolar, Proteon Therapeutics, Serious Materials and other fellow recipients at the 2010 World Economic Forum Annual Meeting in Davos-Klosters, Switzerland in January, where they will be lauded for providing market-changing products in the fields of cleantech, health and information technologies.  

The prestigious Technology Pioneer award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society. Winners from prior years include such widely respected companies as Silver Spring Networks, Gridpoint, Phase Forward, Wikimedia Foundation and Mozilla. A video in which Dr. Lampe-Önnerud discusses Boston-Power’s approach to innovation, taken on the occasion of Boston-Power’s recognition as a Technology Pioneer, is available on YouTube and can be seen here.
 
The identification of the Technology Pioneers is the result of a vigorous selection process for which the Forum received hundreds of applications from around the world, evaluated by 58 global technology experts. Boston-Power’s accomplishments were recognized among a distinguished field of applicants, which included a substantial increase in the number of cleantech and energy-related companies in particular applying for the award this year.

“We are building a company to make a difference, and we’re proud of the progress we’ve made toward that goal indicated by the prestigious Technology Pioneer award,” said Dr. Lampe-Önnerud. “We are also proud to share the recognition with the 25 other visionary companies receiving this honor this year. Boston-Power’s staff, customers, investors and partners remain dedicated to energy storage innovation that redefines what is possible in portable power – while demonstrating a commitment to environmental sustainability.”

“Entrepreneurship, innovation and technology have always played a key role in shaping and improving society. This proves to be even more the case during times of crisis, similar to the one the world faced this past year during the biggest recession in almost a century. New companies are already planting the seeds of recovery and the next wave of growth and progress,” said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum.

With more than 100 patents pending, Boston-Power’s advances in the area of energy storage have earned the company worldwide recognition. Proving that a commitment to environmental sustainability can complement sought-after, competitively differentiated products and world-class mass manufacturing, the company counts HP among its customers – making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC). In addition to notebook computers, Boston-Power’s products support a range of end applications, from consumer electronics and smart grid to Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV).

NOTE: To learn more about WEF's Techology Pioneers 2010, read Embracing Disruption: Redesigning the Future

Prestigious Award Recognizes the 26 Most Innovative Young Companies from Around the Globe

Company Founder and CEO Dr. Christina Lampe-Önnerud Will Accept Award at World Economic Forum Annual Meeting in Switzerland in January 2010

WESTBOROUGH, Mass. – December 3, 2009 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced it has been named a 2010 Technology Pioneer by the World Economic Forum. The only energy storage company to earn this distinction, company founder and CEO Dr. Christina Lampe-Önnerud will join top executives from Twitter, Aura Biosciences, eSolar, Proteon Therapeutics, Serious Materials and other fellow recipients at the 2010 World Economic Forum Annual Meeting in Davos-Klosters, Switzerland in January, where they will be lauded for providing market-changing products in the fields of cleantech, health and information technologies.  

The prestigious Technology Pioneer award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society. Winners from prior years include such widely respected companies as Silver Spring Networks, Gridpoint, Phase Forward, Wikimedia Foundation and Mozilla. A video in which Dr. Lampe-Önnerud discusses Boston-Power’s approach to innovation, taken on the occasion of Boston-Power’s recognition as a Technology Pioneer, is available on YouTube and can be seen here.
 
The identification of the Technology Pioneers is the result of a vigorous selection process for which the Forum received hundreds of applications from around the world, evaluated by 58 global technology experts. Boston-Power’s accomplishments were recognized among a distinguished field of applicants, which included a substantial increase in the number of cleantech and energy-related companies in particular applying for the award this year.

“We are building a company to make a difference, and we’re proud of the progress we’ve made toward that goal indicated by the prestigious Technology Pioneer award,” said Dr. Lampe-Önnerud. “We are also proud to share the recognition with the 25 other visionary companies receiving this honor this year. Boston-Power’s staff, customers, investors and partners remain dedicated to energy storage innovation that redefines what is possible in portable power – while demonstrating a commitment to environmental sustainability.”

“Entrepreneurship, innovation and technology have always played a key role in shaping and improving society. This proves to be even more the case during times of crisis, similar to the one the world faced this past year during the biggest recession in almost a century. New companies are already planting the seeds of recovery and the next wave of growth and progress,” said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum.

With more than 100 patents pending, Boston-Power’s advances in the area of energy storage have earned the company worldwide recognition. Proving that a commitment to environmental sustainability can complement sought-after, competitively differentiated products and world-class mass manufacturing, the company counts HP among its customers – making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. Boston-Power is the first and only battery provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC). In addition to notebook computers, Boston-Power’s products support a range of end applications, from consumer electronics and smart grid to Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV).

Lending her scientific expertise and track record of commitment to climate change issues, Dr. Lampe-Önnerud will participate in a technology working group chaired by Margot Wallström, Vice-President of the European Commission and former Environment Commissioner. Dr. Lampe-Önnerud will draw on her knowledge to help ensure that the discussions at Road to Copenhagen are rooted in sound scientific data, and will share Boston-Power’s firmly held belief that climate change requires a sense of urgency and commitment to action now on the part of the global community.

“At Boston-Power, our commitment to environmental sustainability on a global scale goes hand in hand with our commitment to innovation in portable power, electrification of transportation and energy storage,” said Dr. Lampe-Önnerud. “We believe that embracing innovation is the best means toward effective climate change control on a global scale. Unprecedented advances in energy storage R&D makes substantive progress against this goal realistic. Products engineered to last longer are both good for customers and good for the environment.”

Notably, Dr. Lampe-Önnerud’s beliefs are embodied in the success of Boston-Power. Its advances in the area of energy storage -- the company has more than 100 patents pending -- have won the company worldwide acclaim. Proving that a commitment to environmental sustainability can complement sought-after, competitively differentiated products and world-class manufacturing, the company counts HP among its customers  -- making it the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor.

Boston-Power’s battery technology supports environmental sustainability on multiple levels. The dramatic increase it brings in cumulative battery life and predictability greatly reduces the need for battery replacement, requiring less energy to be expended -- and fewer raw materials to be consumed -- in the manufacturing required to replace current-generation batteries. The company also chooses environmentally responsible materials in both the development and manufacturing of the batteries and their packaging. In recognition of these facts, Boston-Power is the first and only provider whose rechargeable lithium-ion battery cells have earned the prestigious Nordic Ecolabel accreditation. The company’s products have also earned a similar industry-first certification from China Environmental United Certification Center.

Dr. Christina Lampe-Önnerud has an established track record of commitment to environmental sustainability, providing expertise on energy and environmental issues to governments and NGOs around the globe. While serving as top executive of Boston-Power, she has remained active in groups such as Club of Madrid, where she has lent her scientific expertise to combat climate change. Her work on this issue also includes participation in the previous Road to Copenhagen conference, the Technology and Finance in Climate Cooperation (CC8) conference, held in June 2008 in Oslo, Norway, and the Road to Copenhagen Conference 2007 in Brussels, Belgium.

About Boston-Power

Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Randy Wambold
CHEN PR for Boston-Power
O: 781-672-3119
rwambold@chenpr.com

ThinkEquity is an institutional brokerage, investment banking wealth management and asset management firm. 

Please contact us at info@boston-power.com to receive a copy of the report via email.

WESTBOROUGH, Mass. – October 14, 2009 – Boston-Power, Inc., the rapidly growing provider of next-generation lithium-ion batteries, today announced that its award-winning Sonata battery will ship with the new HP Pavilion dv8 Entertainment Notebook PC. The new model is among an impressive array of products being unveiled by HP this week in Geneva, Switzerland.

The HP Pavilion dv8 boasts a stunning 18.4-inch, full high-definition, ultra-widescreen, ultra BrightView display with built-in TV tuner, Blu-ray disk reader and subwoofer that delivers home theatre-quality audio and video for an outstanding entertainment experience. Strikingly crafted, the scratch-proof liquid metallic surface in the chic HP Espresso Imprint pattern will add a touch of style to any room of the house.

Notably, the HP Pavilion dv8 includes the revolutionary HP Long Life Battery, powered by Sonata cells from Boston-Power, which supports more than 1,000 recharges, an improvement of three to five times over conventional lithium-ion batteries. Not only does the HP Long Life Battery offer better performance, but it is better for the environment as the need to replace batteries less frequently means that fewer batteries are disposed of and less landfill is used. It is the only battery with the prestigious Nordic Ecolabel certification.

"Boston-Power and HP have lon shared the mission to bring notebook PC customers a high-performance, environmentally sustainable battery – one that continues to keep pace with the demands placed on it by even the most demanding leisure and business users,” said Dr. Christina Lampe-Onnerud, Founder and CEO, Boston-Power. “The HP Pavilion dv8 is another compelling and demonstrable example of this commitment and we are excited to be the battery of choice for this model.”

The HP Pavilion dv8’s Intel® Core™ i7 processor and NVIDIA GeForce GT 230M graphics card with 1GB DDR3 SDRAM, as well as the DDR3 memory, guarantee more than enough power for even the most demanding entertainment needs. The HP Pavilion dv8 will be available throughout Europe, the Middle East and Asia starting October 22, 2009, at a recommended retail price of €1499 (approximately $2,217 U.S. dollars).

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 60 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Onnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

For more information, please contact:
Brad Baker
CHEN PR for Boston-Power
O: 781-672-3118
bbaker@chenpr.com

Recognized for Entrepreneurial Excellence

WESTBOROUGH, Mass. – June 17, 2009 – Boston-Power, Inc, the rapidly growing provider of next-generation lithium-ion batteries, today announced that company Founder and CEO Dr. Christina Lampe-Onnerud has received the Ernst & Young Entrepreneur Of The Year® 2009 Award in the clean tech category for the New England region. This prestigious distinction recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Selected by an independent panel of judges, Dr. Lampe-Onnerud accepted the award at last night’s Ernst & Young Entrepreneur Of The Year® gala.   

“We are proud to recognize the achievements of Dr. Lampe-Onnerud,” said Kristin Keating, Ernst & Young LLP Entrepreneur Of The Year Program Co-Chair for New England. “Winners of the Entrepreneur Of The Year award build leading businesses and contribute significantly to the strength of our region’s economy. Their success helps our area grow stronger.”

“I am humbled and thankful to be receiving this award in the presence of a remarkably impressive group of innovators and entrepreneurs,” said Dr. Lampe-Onnerud. “Boston-Power’s success would not have been achieved without the determination and dedication of our entire team as well as our customers and partners. It is on their behalf that I gratefully accept this honor.”

A well-known figure in the battery industry, Dr. Lampe-Onnerud has been awarded 15 patents in portable power solutions, with six patents pending. She has also received a range of industry awards which include: MIT Technology Review’s 100 Top Young Innovators, a Stevie Award for Women in Business as Best Entrepreneur, Mass High Tech’s Women to Watch award and inclusion in the Top Innovators of 2008 list by EDN Magazine. Additionally, Dr. Lampe-Onnerud is a frequently sought-after speaker who passionately and eloquently shares her insights about battery technology, climate change and environmental sustainability at industry and government events around the world.

One of the world’s most closely watched portable power companies, Boston-Power in March ‘09 became the first U.S.-based firm ever to provide battery technology to a global notebook PC vendor. The result of a three-year relationship with HP, Boston-Power’s Sonata battery cells serve as the foundation for a new ‘green’ battery HP has branded the Enviro Series of Notebook Batteries.  This marks the first time HP has created a brand around battery technology.

Notably, earlier this month Boston-Power announced plans to build one of the world’s most advanced battery manufacturing facilities in Auburn, Massachusetts. The company also unveiled its second product line, Swing™, for Plug-in Hybrid and Battery Electric Vehicles (PHEV/BEV). The only eco-certified lithium-ion battery of its kind, Swing is poised to drive the adoption of PHEVs and BEVs by establishing new benchmarks in energy density, long life, safety, weight, cost and environmental sustainability.

As a New England award winner, Dr. Lampe-Onnerud will now be among the world-class executives considered for the Ernst & Young Entrepreneur Of The Year 2009 national awards to be announced on November 14, 2009, at an awards gala in Palm Springs, California. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, among the nation’s most prestigious gatherings of high-growth, market-leading companies.

About Ernst & Young’s Entrepreneur Of The Year® Awards Program

Ernst & Young’s Entrepreneur Of The Year® Award is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, the Ernst & Young Entrepreneur Of The Year® award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Boston-Power

Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of eco-certified notebook computer batteries – the Enviro Series. The company’s Swing product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 60 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Onnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, has Six Sigma-level mass manufacturing operations in Asia and is seeking to establish manufacturing capabilities in Massachusetts. 

For more information, please contact:

Brad Baker

CHEN PR for Boston-Power

O: 781-672-3118

bbaker@chenpr.com

Boston-Power announces its intention to build a 455,000 square foot state-of-the-art lithium-ion battery manufacturing facility in Auburn, Massachusetts. Pictured at the ceremony marking the event are (from left to right) Governor Deval Patrick, Boston-Power Founder and CEO Dr. Christina Lampe-Onnerud, Congressman Jim McGovern and Lieutenant Governor Tim Murray.

Governor Patrick, Congressman McGovern and Other Top Officials Pledge Support for Plan to Fuel Creation of 600 New Green Jobs

Boston-Power Pursuing Approximately $100 Million in Federal Funds

State-of-the-Art Facility in Auburn, Massachusetts Would Enable Award-Winning Company to Meet Demand for Eco-certified Lithium-ion Batteries for Plug-in Hybrid and Battery Electric Vehicles, Notebook PCs and National Security Applications

WESTBOROUGH AND AUBURN, Mass. – June 1, 2009 – Underscoring its commitment to bringing manufacturing jobs to the United States, Boston-Power, Inc., today announced that the company is working to build one of the world’s most advanced battery manufacturing facilities in Auburn, Massachusetts. Boston-Power is widely recognized for providing the longest-lasting, fastest-charging, most environmentally sustainable and safest lithium-ion battery technology platform available.

The announcement will be celebrated at a 12:00 p.m. ceremony featuring Massachusetts Governor Deval Patrick, Congressman Jim McGovern, Lieutenant Governor Tim Murray, Secretary of Energy and Environmental Affairs Ian Bowles, Boston-Power Founder & CEO Dr. Christina Lampe-Onnerud, a host of state and local officials, and members of the clean tech and business communities. Members of the press are invited to join the event to be held at 26 Millbury St., Auburn, Mass. For questions please contact Randy Wambold/CHEN PR at rwambold@chenpr.com or by mobile phone at 617/943-6476.

Extending the world-class mass manufacturing capabilities Boston-Power already operates in Greater China, the 455,000 square foot Auburn facility would add 600 new jobs at Boston-Power and as many as 2,000 more indirectly through the extended supply chain.

An award-winning provider of next-generation lithium-ion battery cells to market-leading companies, Boston-Power will also today provide a ‘first look’ at Swing™, the company’s product for Plug-in Hybrid and Battery Electric Vehicles (PHEV/BEV). The only eco-certified battery of its kind, Swing is poised to drive the adoption of PHEVs and BEVs by establishing new benchmarks in energy density, long life, safety, weight, cost and environmental sustainability. More details about Swing will be made available in the coming weeks.

“Our goal is to make Massachusetts a manufacturing hub for the advanced batteries that will power the nation’s clean energy future, and Boston-Power’s plan to create this facility in Auburn is a big step toward that goal,” said Governor Deval Patrick. “We look forward to working with the company and our colleagues in the Congressional delegation to make this happen.”

“Boston-Power’s batteries would join a long list of world-class goods that have been manufactured in Central Massachusetts,” said Congressman Jim McGovern. “I’ve met with Dr. Christina Lampe-Onnerud and her team on many occasions during the past few years. I was pleased to cut the ribbon when they expanded their headquarters and R&D labs in Westborough last fall. I’m excited to see the company make yet another long-term commitment to our area.”

“The race is on to capture the enormous economic and environmental benefits of clean energy, and Massachusetts is in the lead,” said Secretary Bowles. “Advanced battery technology has a key role to play, and I applaud Boston-Power’s commitment to making its products here in the Bay State.”

Enabling energy storage to continue to flourish in Massachusetts, state officials are working closely with Boston-Power to pursue state and federal financial incentives that will help the company to fulfill its plans of building the Auburn facility. With support from Massachusetts officials, Boston-Power is seeking approximately $100 million under the U.S. Department of Energy’s advanced battery and cell manufacturing grant program established as a part of the American Recovery and Reinvestment Act. The company is also pursuing funds through a proposed program allocation in the FY10 federal budget under the Defense Production Act, which encourages the building of manufacturing facilities in the United States that are important for national security reasons. Currently, nearly all lithium-ion batteries in the world are manufactured in Asia. The Commonwealth will offer up to $9 million in matching financing to support the company’s planned manufacturing operation in Auburn.

Boston-Power selected the Auburn site based on proximity to its headquarters. This affords synergies between the company’s R&D and manufacturing teams while minimizing shipping and related employee productivity and efficiency costs. Moreover, since it is based near Boston, the location provides ready access to internationally recognized colleges and universities, unparalleled innovation, a large and diversified workforce and an established business infrastructure.

“Under the insightful direction of Governor Patrick, Congressman McGovern, Secretary Bowles and many others, Massachusetts continues to strengthen its lead in fostering clean technology business that emphasizes a commitment to environmental sustainability,” said Boston-Power Founder and CEO Dr. Christina Lampe-Onnerud. “Boston-Power is thankful for the tremendous interest we’ve received from other states. We carefully considered options to build this manufacturing facility in other locations around the country and the world. We chose Massachusetts as our headquarters location in 2005 and we look forward to establishing a high quality manufacturing facility here.”

Among the world’s most closely watched portable power companies, Boston-Power in March established itself as the first U.S.-based firm ever to provide battery technology to a Tier One notebook PC vendor. The result of a three-year relationship with HP that involved the industry’s most extensive testing and audit processes, Boston-Power’s Sonata battery cells serve as the foundation for a new ‘green’ battery HP has branded the Enviro Series of Notebook Batteries. This represents the first time HP, the number one global provider of notebook PCs, has established a brand around battery technology. The Enviro Series is compatible with more than 70 percent of HP’s consumer models.

Boston-Power’s strategy from the outset has been to take a ‘whole-system’ approach to developing and commercializing its uniquely differentiated, patent-pending technology. This strategy gives multiple markets the benefit of Boston-Power’s core technology, enabling companies in these markets to tune the technology to meet specific application requirements. The fact that Boston-Power is in mass production with Sonata, already manufacturing millions of cells, expedites the availability of Swing – while capitalizing on the same state-of-the-art manufacturing equipment as well as best-in-class shop floor and quality control systems, integrated supply chain, Six Sigma methods and other key processes.

In addition to applicable U.S. certifications, Boston-Power’s products are the first and only rechargeable lithium-ion battery cells to earn the Nordic Ecolabel, the world’s most rigorous environmental sustainability certifying process. The company’s lithium-ion cells have also been awarded a similar world’s-first designation from the China Environmental United Certification Center.

About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata, serves as the foundation for HP’s new brand of eco-certified notebook computer batteries – the Enviro Series. The company’s Swing product delivers unmatched capabilities for plug-in hybrid and battery electric vehicles (PHEV/EV). Founded in 2005 and with more than 60 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Onnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, has Six Sigma-level mass manufacturing operations in Asia and is seeking to establish manufacturing capabilities in Massachusetts.

# # #

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

• Greater Boston Chamber of Commerce Clean Tech Breakfast, April 28, Intercontinental Hotel Boston, Boston, Mass.
• Nantucket Conference 2009, April 30-May 1, Jared Coffin House, Nantucket, Mass.

• MIT Enterprise Forum Energy Entrepreneurship and Innovation Global Broadcast, May 7, Sheraton Boston Hotel, Boston, Mass.

• TiECON East 2009, May 21-22, Westin Hotel, Waltham, Mass.

Company Lauded as a Leading Green Technology Innovator for 2009