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Axion Power Reports Second Quarter Results For 2014

August 14, 2014

NEW CASTLE, Pa., Aug. 14, 2014 /PRNewswire/ — Axion Power International, Inc. (OTC QB: AXPW), the developer of advanced lead-carbon PbC® batteries, energy storage systems and frequency regulation systems, announced today its results for its second quarter and six months ended June 30, 2014.

The full report is available on Axion Power website at www.axionpower.com under the “Investor Relations” section and selecting “SEC Filings”; it can also be found at www.sec.gov.

About Axion Power International, Inc.
Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion’s new PbC® batteries have “the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that has not been well suited to the requirements of important new applications like hybrid electric vehicles and renewable power.”

Axion Power International, Inc. is the industry leader in the field of lead carbon energy storage technologies. Axion believes its new PbC battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world utilizing Axion’s proprietary activated carbon electrodes. Axion’s future goal, after filling their plant’s lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry. For more information, visit www.axionpower.com

Contacts

Axion Power International, Inc.
David T. DiGiacinto, CEO
info@axionpower.com
(724) 714-7017

Allen & Caron, Inc.
Rudy Barrio (Investors)
r.barrio@allencaron.com
(212) 691-8087

Len Hall (Media)
len@allencaron.com
(949) 474-4300

SOURCE Axion Power International, Inc.


Source: PR Newswire



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