iQ Power AG / Miscellaneous
26.08.2010 18:47
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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|]]]|]
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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
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DGAP-News: iQ Power Wins Automechanika Innovation Award 2010
| Source: EQS Group AG