iQ Power AG / Miscellaneous 26.08.2010 18:47 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- iQ Power Wins Automechanika Innovation Award 2010 ï§ Special recognition for the innovative ECO starter battery and its automatic electrolyte mixing feature Zug/Switzerland, 26 August 2010 - iQ Power GmbH, the wholly owned subsidiary of iQ Power AG (ISIN: CH0020609688, WKN: A0DQVL, Symbol: IQPB), will be receiving the Automechanika Innovation Award 2010 for its remarkable new ECO starter battery with automatic electrolyte mixing. The award will be presented to the company during the Automechanika trade fair in Frankfurt on 14 September. This award has been given regularly since 1996. An independent jury of industry experts confers the award to recognize outstanding technical achievements and product innovations in the automotive aftermarket sector. This year eight winners in nine categories were chosen from a total of 147 product entries. iQ Power is the developer and marketer of eco-friendly and technologically advanced starter batteries for motor vehicles. iQ Power GmbH won the award in the 'Parts' category with its ECO starter battery and innovative, automatic electrolyte mixing feature. These cutting-edge batteries prevent the loss of capacity caused by acid stratification. And because the batteries need less lead, they also reduce their overall weight by 10 to 15 percent, which in turn means less fuel consumption. Overall, ECO batteries also cause fewer CO2 emissions throughout their entire life cycle. Electrolyte mixing improves cycle stability and extends the battery's service life. And, depending on the model, the batteries also come with a full warranty of from three to five years. 'We are extremely delighted to be receiving this prestigious award for our innovative product. This kind of recognition reaffirms to us that we have developed the right products at the right time,' said Charles Robert Sullivan, the CEO of iQ Power AG. 'We will continue working with our innovative technology in the future in order to deliver greater customer benefits and value, and contribute to a better and cleaner environment,' added Sullivan. 'I would like to take this opportunity to express my special thanks to the men and women of IQ Power for their hard work and dedication.' The awards presentation will be held on 14 September at 10:00 am during the official opening ceremonies of Automechanika 2010 (Messe Frankfurt, Hall 4, Europa Room). The winner of each category will be hosting a special exhibition. iQ Power GmbH will be exhibiting at booth F12 in hall 3.1. The CEO About iQ Power iQ Power AG is a developer and supplier of innovative starter batteries for motor vehicles. The products are technologically advanced, deliver greater efficiency, and are environmentally sound and lighter in weight. The company's many achievements include the development of the world's first software-controlled smart car battery. Industrial batteries and system solutions for electrical energy management in vehicles help round out its operational portfolio. The company's operational element is iQ Power GmbH in Chemnitz (Germany), which is a wholly owned subsidiary of iQ Power AG. Headquartered in Zug (Switzerland), iQ Power AG is a publicly listed stock corporation whose shares are traded on the regulated market (General Standard segment) of the Frankfurt Stock Exchange, over the counter on the securities exchanges in Berlin, Düsseldorf, Munich and Stuttgart, as well as on Xetra (ISIN: CH0020609688, WKN: A0DQVL, IQPB). Contact: Company Contact: iQ Power AG MetallstraÃe 9 CH-6304 Zug Tel.: +41(0)417680363 Fax: +41(0)417680368 info@iqpower.com www.iqpower.com Investor Relations Contact: GFEI Aktiengesellschaft Hamburger Allee 26-28 60486 Frankfurt am Main Tel: +49(0)69 74 30 37 00 Fax: +49(0)69 74 30 37 22 iQPower@gfei.de www.gfei.de 26.08.2010 18:47 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: iQ Power AG Metallstrasse 9 6304 Zug Schweiz Phone: +41 41 7680360 Fax: +41 41 768 03 68 E-mail: investor-relations@iqpower.com Internet: www.iqpower.com ISIN: CH0020609688 WKN: A0DQVL Listed: Regulierter Markt in Frankfurt; Freiverkehr in München, Düsseldorf, Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: iQ Power Wins Automechanika Innovation Award 2010
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