SAN FRANCISCO and SHENZHEN, China, Oct.
1, 2014 /PRNewswire/-- Highpower International, Inc.
(NASDAQ: HPJ), 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 it has started shipping its advanced
lithium batteries to VTech® for its high-end children's tablet and
electronic toy products.
Mr. Bryan Bai, Vice President of
International Sales of Highpower, commented, "We are very pleased
to become a supplier to VTech®, a world leader in the electronic
educational toys and learning products, and also the world's
largest provider of cordless phones. We are very happy to play
a role in children's education. This demonstrates how
pervasively our batteries are being applied and popularly used in
people's everyday life, including kids."
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 of 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.
CONTACT:
Highpower International, Inc.
Sherry Chen
+86-755-8968-6521
ir@highpowertech.com
INVESTOR RELATIONS:
The Equity Group Inc.
In China
Katherine Yao, Associate
+86-10-6587-6435
kyao@equityny.com
In U.S.
Adam Prior, Senior Vice
President
(212) 836-9606
aprior@equityny.com
SOURCE Highpower International, Inc.