DGAP-News: LION E-Mobility AG: LION Smart GmbH and consortium partners receive grant in highly remunerated EU funding project

DGAP-News: LION E-Mobility AG / Key word(s): Incoming Orders/Miscellaneous
LION E-Mobility AG: LION Smart GmbH and consortium partners receive grant in
highly remunerated EU funding project

06.06.2016 / 08:00
The issuer is solely responsible for the content of this announcement.


Garching, Germany - June, 06th 2016 - LION E-Mobility AG is proud to
announce that its German subsidiary LION Smart GmbH together with its
consortium partners have now completed the granting process of the EU
funding project "Horizon 2020 - Green Vehicles". The joint project called
EVERLASTING ("Electric Vehicle Enhanced Range, Lifetime and Safety Through
INGenious battery management") has been granted 8.2 Mio. EUR in total with
776 TEUR been allocated to LION Smart. The grant sum is available for
retrieval during the project duration of 48 months.
More information about the EVERLASTING project:

About LION Smart:
LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like
lithium batteries and integration into the specific vehicle concept LION
Smarts engineers have a very high level of expertise. LION Smart carries
out its own research program in the field of lithium-ion technology and has
filed two patents in the past twelve months.
About LION E-Mobility AG

LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly
in the field of electric energy storage as well as battery pack development
and management. The Company holds 100% of the German LION Smart GmbH, a
development and engineering company specialized on custom designed battery
packs and battery-management-systems. LION Smart GmbH further holds a 30%
stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint
venture with the renowned TÜV SUED AG. Members of the Board of Directors
are: Mr. Daniel Quinger (President of the Board), Mr. Tobias Mayer, Mr.
Hany Magour, Dr. Isolde Semm and Mr. Martin Specht. The Management of LION
Smart GmbH consists of Mr. Tobias Mayer and Mr. Walter Wimmer. The Managing
Director of the TÜV SUED Battery Testing GmbH is Mr. Christian Theeck. For
more information please visit our homepage: www.lionemobility.com

This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as "may", "will", "could", "should", "would",
"likely", "expect", "intend", "estimate", "anticipate", "believe", "plan",
"objective" and "continue" (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors or assumptions
are applied in making forward-looking statements, and actual results may
differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from
expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal
and regulatory proceedings; the ability to adapt products and services to
the changing market; the ability to attract and retain key executives; and
the ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking
statements contained in this presentation, whether as a result of new
information, future events or otherwise, except as required by law.

Investor Relations Contact:
Mr. Walter Wimmer
Telefone: +49 (0)89 74567993

Email: ir@lionemobility.de

LION E-Mobility AG
Poststrasse 6
6300 Zug


06.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:    English                                               
   Company:     LION E-Mobility AG                                    
                Poststraße 6                                          
                6300 Zug                                              
   Phone:       +41 (0)41 500 54 11                                   
   Fax:         +41 (0)41 500 54 12                                   
   E-mail:      info@lionemobility.de                                 
   Internet:    www.lionemobility.com                                 
   ISIN:        CH0132594711, CH0132594711                            
   WKN:         A1JG3H , A1JG3H                                       
   Listed:      Regulated Unofficial Market in Hamburg, Munich; Open  
                Market in Frankfurt                                   
   End of News    DGAP News Service  

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