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Article: EnerSys Announces Memo of Understanding with Lithium Technology Corporation.
- Article from:
- PR Newswire
- Article date:
- July 10, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. 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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READING, Pa., July 10 /PRNewswire-FirstCall/ -- EnerSys , the world's largest manufacturer, marketer, and distributor of industrial batteries announced today that it has signed a memorandum of understanding with Lithium Technology Corporation . The memo of understanding calls for the establishment of a relationship for the advancement of large lithium ion batteries between the parties. The parties intend to finalize the agreement in the coming months.
Under proposed agreement EnerSys will become the exclusive distributor of Lithium Technology's product line of large format lithium ion batteries and cells to the defense and aerospace markets globally. In ...