StreetInsider.com - Valence Technology Announces It is Supplier of Lithium Phosphate Battery Packs for the OEMtek 100 MPG Toyota Prius Plug-In Hybrid

Extract:
February 19, 2008 9:14 AM EST

AUSTIN, Texas--(BUSINESS WIRE)--

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.

StreetInsider.com - Valence Technology Announces It is Supplier of Lithium Phosphate Battery Packs for the OEMtek 100 MPG Toyota Prius Plug-In Hybrid Add-On