DGAP-News: Patent Application


DGAP-News: iQ Power AG / Key word(s): Miscellaneous
Patent Application

28.11.2012 / 09:33

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iQ Power: Patent Application for New Generation of Parts For Electrolyte
Mixing

Zug/Switzerland, 28 November 2012 - iQ Power AG (ISIN: CH0020609688, WKN:
A0DQVL, Symbol: IQPB), developer and marketer of technology and its
licenses for environmentally friendly and technologically advanced
automotive batteries for automobiles, announces the patent filing for the
New Generation of electrolyte mixing parts, 'iQP2'.

The new design of iQ Power mixing parts is based conceptually and
structurally on the existing iQP1 parts. The new design is however a
significant improvement on the previous one. The improvements include a
better and faster elimination of acid stratification in the battery. Acid
segregation or stratification is a leading cause for battery failure. In
addition, the iQ Power patented mixing device creates a small cooling
effect in the battery cell, which can be important in hot climates.

The New Generation improvements also include a simpler and more robust
design for better quality and reliability in the production process and a
reduction of cost for tooling changes. The patent application is subject to
approval of the patent bureau.

Due to the fact that iQ Power now has Licensees on 4 continents, who
produce batteries for differing markets and with differing methods, it is
important to have a design that works in very different manufacturing
environments and does not require special assembly skills or tight
tolerances.

The details of the new technology will be made available only to Licensees
of iQ Power technology and not be shown or advertised by iQ Power AG.

With the new generation of mixing devices, iQ Power continues its Patent
Pipeline Strategy, in which continually new developments are patented to
prolong the life of patent protection and give more value to its Licensees.

About iQ POWER
iQ POWER AG is a developer and supplier of new types of starter batteries
for motor vehicles. The products are technologically leading, characterised
by a higher level of efficiency, environmentally-friendly and more
lightweight. Products developed by the company include the first
intelligent, software-controlled car battery in the world. The range of
activities also includes industrial batteries as well as system solutions
for electrical energy management in vehicles.

As a stock corporation, iQ POWER AG is a listed company. The company's
securities are traded on the regulated market (General Standard) of the
German Stock Exchange in Frankfurt, over the counter at the stock markets
in Berlin, Düsseldorf, Munich and Stuttgart as well as via XETRA (ISIN:
CH0020609688, German Securities Identification Number: A0DQVL, IQPB).




Contact:
Company Contact:
iQ Power AG
Metallstrasse 9
6304 Zug
Schweiz
Tel.: +41(0) 41 768 03 63
Fax: +41(0) 41 768 03 68
info@iqpower.com
www.iqpower.com

Investor Relations Contact:
GFEI Aktiengesellschaft
Am Hauptbahnhof 6
60329 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


End of Corporate News

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28.11.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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Language:    English                                                
Company:     iQ Power AG                                            
             Metallstrasse 9                                        
             6304 Zug                                               
             Switzerland                                            
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 (General Standard);     
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
 
 
End of News    DGAP News-Service  
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