02.05.2005 13:52:00
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Exide Technologies Wins First Nuclear Plant Business from British Ener
Business Editors/Energy Writers
ALPHARETTA, Ga.--(BUSINESS WIRE)--May 2, 2005--Exide Technologies (NASDAQ: XIDE)(www.exide.com), a global leader in stored electrical-energy solutions, announced today that it has been awarded a battery refurbishment contract from British Energy for its Heysham 2 nuclear power station.
The contract, Exide's first nuclear plant business with British Energy, calls for the installation of more than 1,300 of the Company's GroE batteries from its Classic(R) line of products during 2005 and 2006. The batteries will be produced at Exide's Industrial Energy plant in Castanheira, Portugal.
"Our competitors have supplied power plants in the U.K. for the past 40 years, but we are entering the marketplace by promoting the technical features of our Classic GroE product and its quality," said Neil Bright, President - Industrial Energy Europe. "We are pleased that British Energy has confidence in the quality and reliability of our batteries to provide back-up energy to ensure the safe operation of the Heysham nuclear power plant."
About Exide Technologies
Exide Technologies, with operations in 89 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's two global business groups - transportation and industrial energy - provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.
Further information about Exide, including its financial results, are available at www.exide.com.
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CONTACT: Exide Technologies, Alpharetta Media Contact Alan Chapple, 678-566-9514 alan.chapple@exide.com or Investor Contact Tim Gargaro, 678-566-9000 tim.gargaro@exide.com
KEYWORD: GEORGIA INDUSTRY KEYWORD: AUTOMOTIVE ENERGY TELECOMMUNICATIONS NETWORKING UTILITIES MARKETING AGREEMENTS SOURCE: Exide Technologies
Copyright Business Wire 2005
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