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Article: Valence and Tyco Electronics Power Systems Enter Three Year Exclusivity Agreement for Telecommunications and Utility Markets.
- Article from:
- Business Wire
- Article date:
- June 15, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
AUSTIN, Texas--(BUSINESS WIRE)--June 15, 2004
Valence Technology Inc. (Nasdaq:VLNC), a leader in the development and commercialization of Saphion(R) technology, the only safe large format Lithium-ion rechargeable battery technology, today announced that is has signed an agreement granting Tyco Electronics Power Systems Inc., a leading worldwide supplier of telecommunications power, the exclusive right to resell Valence's K-Charge(tm) Power System, a Saphion(R) technology based back-up power solution, to Tyco Electronics' telecommunications and utility customers. The K-Charge system will be privately labeled for Tyco ...