NASDAQ Statement on Advanced Battery Technologies, Inc.

| Source: Nasdaq, Inc. Nasdaq, Inc.

NEW YORK, Nov. 22, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market (Nasdaq:NDAQ) halted trading in Advanced Battery Technologies, Inc. (Nasdaq:ABAT) on November 15, 2011 for "additional information requested" from the company.

While NASDAQ previously announced that trading in the company would resume today at 1:30 p.m. Eastern Time, the trading halt in Advanced Battery Technologies, Inc. will remain in effect until further notice.

For news and additional information about the company, please contact the company directly, or check under the company's symbol using InfoQuotesSM on the NASDAQ Web site at www.nasdaq.com.

For more information about NASDAQ trade halts, visit www.nasdaqtrader.com or the NASDAQ OMX NewsroomSM at http://www.nasdaqomx.com/whoweare/newsroom/.


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