Replies to post #66062 on CWRUObserver.com -Financial News and Headlines -

[kumqwatt]

GBT :
Press Release Source: Advanced Battery Technologies, Inc.

Advanced Battery Technologies Delivers Product Innovation With New Ultra-Thin, Small Capacity Batteries
Wednesday October 17, 8:30 am ET

HARBIN, CHINA and NEW YORK, NY--(MARKET WIRE)--Oct 17, 2007 -- Advanced Battery Technologies, Inc. (GBT - News) today announced that it has produced two variations of an ultra-thin, small capacity polymer lithium-ion battery with a thickness of 0.4mm. Advanced Battery Technologies, Inc. develops, manufactures, and distributes rechargeable polymer lithium-ion (PLI) battery cells.

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GBT employs a proprietary spraying technology to produce a 10mAh capacity battery (0.4mm x 15mm x 15mm) and a 2500mAh battery (0.4mm x 180 mm x 200mm). These batteries are primarily used in electronic albums and smart integrated circuit (IC) cards. Shenzhen Optoelectronic Technology Ltd. is GBT's largest purchaser of these ultra-thin, small capacity batteries.

"We are extremely pleased to announce the development of these ultra-thin, small capacity batteries. This battery represents our continued commitment to developing a fully diversified product line and creating products customized to meet specific applications. Advanced Battery Technologies' revenue growth has always been a function our ability to deliver cutting-edge technologies. The market for PLI batteries continues to expand in its size and uses," Mr. Fu concluded.