Business Summary
About Valence Technology, Inc.
Valence Technology developed and markets the industry's first commercially available, safe, large-format family of lithium
phosphate rechargeable batteries.
Valence Technology holds an extensive, worldwide portfolio of issued and pending patents relating to its lithium phosphate
rechargeable batteries, the only intrinsically safe lithium rechargeable battery.
The company has its headquarters in Austin, Texas, and facilities in Las Vegas, Nevada, Mallusk, Northern Ireland and
Suzhou, China. Valence is traded on the Nasdaq Capital Markets under the ticker symbol VLNC and can be found on the internet at www.valence.com.
About OEMtek
OEMtek is a Silicon Valley-based venture that designs, integrates and distributes components, advance electronics and
systems for electric and plug-in hybrid vehicles. OEMtek is located in Milpitas, California. www.oemtek.com.
Recent Updates:
New Leadership:
#msg-27276393
Valence Technology, Inc. (NASDAQ: VLNC) today announced by the end of February, it plans to ship an additional 600 custom
modules of Valence's safe, Lithium Phosphate energy storage systems for installation and conversion of Toyota Prius hybrid
vehicles into Plug-In Hybrid Electric Vehicles. Valence previously supplied OEMtek with 300 modules which are now being
shipped to customers.
Website:
http://www.valence.com/
Current workings:
http://www.toyota.com/prius-hybrid/features.html#
http://www.ford.com/vehicles/vehicle-showroom#/ford/ford-escape-hybrid-2008
Latest VLNC chart:
http://stockcharts.com/h-sc/ui?s=VLNC&p=W&yr=3&mn=0&dy=0&id=p89705477973
Valence Tech Lithium Phosphate Techology from the website:
Key Features of Valence Lithium Phosphate Technology:
-Safe/Fail-Safe Chemistry
-High Rate Capability
-Extended Cycle Life
-Lighter Weight and Smaller Form Factor
-Superior Energy Retention
-Compatibility to Lead Acid Charging Systems
-Superior Reliability
-Maintenance Free Usability
-Available in Popular Lead Acid Sizes
-Designs into Custom Intelligent Packs with “Valence Command & Control Logic”
-World Trade Organization Compliant
Valence Tech design benefits:
Superior Performance Over Lead-Acid Batteries:
- 33% lighter with twice the run-time
- Longer shelf life and faster recharge time
- Smart battery monitoring and internal cell balancing
- No Lead-acid leaks
- Lower Overall Cost Of Ownership
- Intrinsic phosphate safety that protects against abusive situations.
- Environmentally friendly, no heavy metals or disposal issues.
- High energy efficiency with no memory effect.
- Lower lifetime costs due to low maintenance and high cycle life.
More Techy Stuff:
http://www.valence.com/technology/battery_li_ion_tech.html
http://www.valence.com/technology/patents.php
Latest PRs:
Mfg. Expansion noted:
http://app.quotemedia.com/quotetools/popups/story.jsp
Press Releases and Blogs:
#msg-27721444
#msg-27925802
#msg-28591431
#msg-27767773
Forbes Article:
http://www.forbes.com/2008/04/03/drdgold-ocwen-valence-pf-chart-in_dp_0403chartroom_inl.html?partner=yahootix
----2008 Prospectus----
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001104659%2D08%2D016588%2Etxt&FilePath=%5C2008%5C03%5C11%5C&CoName=VALENCE+TECHNOLOGY+INC&FormType=FWP&RcvdDate=3%2F11%2F2008&pdf=
---PUMA and Valence is inside
http://www.fastcompany.com/blog/chris-dannen/techwatch/gmsegway-puma-part-2-live-demo-photos which is now GMs EN-V at Shanghai Worlds Fair
http://www.motortrend.com/future/concept_vehicles/112_1003_gm_en_v_concepts/index.html
http://austin.bizjournals.com/austin/stories/2010/04/05/daily17.html?ana=yfcpc
http://finance.yahoo.com/news/GMs-ENV-concept-car-auto-redo-apf-590526988.html?x=0&.v=3
http://finance.yahoo.com/news/Valence-Technology-Bnteau-bw-3047414231.html?x=0&.v=1
http://automotive.pagemyx.com/electric-vehicle-international-opens-california-headquarters-launches-new-lineup/
http://blogs.edmunds.com/greencaradvisor/2010/03/coda-lishen-partnership-gets-294-million-line-of-credit-for-ev-battery-production.html
http://www.bizjournals.com/kansascity/stories/2010/03/29/daily29.html
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100329005474&newsLang=en
http://www.electrictechnologycenter.com/
Annual Report:
http://files.shareholder.com/downloads/VLNC/1057622354x0x389779/02CAFE19-2816-4C50-8A89-7CE8A01725B8/VALENCE_SEQUENTIAL_FINAL.pdf
Latest Customer List:
- Beneteau
- Electric Vehicles International
- Enova Systems
- Epyon
- Optare Buses
- Oxygen Scooters
- Paneltex
- Royal Huisman
- Segway
- Siemens hybrid marine drive
- Smith Electric Vehicles
- Tennant Ecolab Company
- Wrightbus
- ZF Marine
- Zytek Systems