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Saft - Tadiran : Exclusive Multi-Year Contract for Lithium Batteries to Power Advanced Water Meters

Posted on: Tuesday, 19 May 2009, 12:02 CDT

PARIS, May 19 /PRNewswire-FirstCall/ -- Tadiran Batteries, a wholly-owned subsidiary of Saft Groupe, has been awarded an exclusive two year contract for the supply of lithium batteries from a US based company, Neptune Technology Group Inc., one of the world's leading manufacturers of AMR/AMI meters for water utilities.

Tadiran Batteries' PulsesPlus(TM) battery is a proven system consisting of Tadiran's leading state of the art lithium thionyl chloride batteries combined with a breakthrough technology Hybrid Layer Capacitor (HLC). This proven technology is capable of supplying high energy density and high operating voltage under high pulse discharge currents.

The PulsesPlus(TM) batteries have a very wide operating temperature range of -40degreesC to +85degreesC and a very low self discharge rate (less than 0.5% per year).The battery can provide 10 to 20 years of operating life under extreme conditions with maximum safety.

These unique characteristics make PulsesPlus(TM) batteries suitable for demanding applications such as water and gas meters, AMR, toll tags, medical equipment, emergency locating and tracking systems as well as military applications.

Igal Carmi, CEO of Tadiran Batteries, said. "We are very proud to be associated with high tech companies such as Neptune. This is further proof of the high quality and excellent performance of our technology and products."

About Saft

Saft (Euronext: Saft) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications, such as industrial infrastructure and processes, transportation, space and defence. Saft is the world's leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialised advanced technologies for the defence and space industries. With approximately 4,000 employees worldwide, Saft is present in 18 countries. Its 15 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. Saft is listed in the SBF 120 index on the Paris Stock Market.

SOURCE Saft

Source: PR Newswire

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