DGAP-News: Korsair Holdings to Design and Market High-Tech LFP Accumulators
(firmenpresse) - Korsair Holdings AG / Key word(s): Miscellaneous
05.02.2013 09:00
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BERLIN -- (Marketwire) -- 02/05/13 -- Korsair Holdings AG (BERLIN:
NOM), a technology and development company specializing in green
technology investments and renewable energy projects, announces that
it has entered into a partnership to design and market High-Tech
accumulator devices under the name RUCELL. The new and highly
competitive product line of high-capacity accumulators and
accumulator systems is based on Lithium Ferro Phosphate (LFP) and
will be designed particularly for the use in 'green energy' related
projects. The primary markets for Korsair to promote and sell the LFP
accumulators will be in Europe and Africa.
The LFP accumulators are manufactured at a recently completed state
of the art $400 million plant with total annual capacity of in excess
1 Giga watt located in Russia. The LFP-based accumulator technology,
which will be used in the future Korsair accumulator product lines,
has been developed by a Chinese-Russian Joint Venture in close
cooperation with engineering teams, scientists and universities. LFP
storage technology is the most advanced large-scale rechargeable
accumulator technology today, offering unprecedented power density
and operating temperature range without safety concerns. LFP
accumulators offer even further advances, such as up to 25-year life
cycle, over 3,000 charge cycles and rapid 20 minute charge time to
85% capacity, as well as 20 minute discharge time.
According to Steven Huynh, CEO of Korsair, 'Being able to offer these
High-Tech LFP accumulators to our customers would allow Korsair to
provide a complete package of products and services to our customer
reflecting progress made in our business plan that calls for bringing
together technology, finance, and expertise in the alternative
energy, waste energy, clean energy, clean water, clean air and other
green technologies.'
Mr. Huynh further commented, 'We will be starting to design different
devices of the LFP accumulators in order to offer and provide world
class LFP accumulators to the particular needs of customers in Europe
and Africa. LFP accumulators are used in a number of fields from
transportation to solar and wind power generation, to auxiliary power
storage and UPS systems.'
About Korsair Holdings AG,
Korsair Holdings AG is a technology
holding company managed by an international development group
focusing on environmental and technical infrastructure projects
related to renewable energy and green technologies. We are an
entrepreneurial, market-focused, process-oriented group with a global
thinking and acting. By combining environmental innovations with
creative management and proven industrial leadership, Korsair
Holdings AG strives to stay in the forefront of the green technology
business.
Disclaimer; Forward-Looking Statements:
This or any other statement
from KORSAIR HOLDINGS AG or any of its subsidiaries or its
representatives contains forward-looking statements that are based on
assumptions and estimations of KORSAIR HOLDINGS AG. Words such as
'believe,' 'estimate,' 'expect,' 'forecast,' 'intend,' 'may,' 'plan,'
'project, 'should' and 'will' and similar expressions identify such
forward-looking statements. Even though the management of the company
believes that these assumptions and estimations are appropriate,
actual results may differ substantially from such assumptions and
estimations caused by various factors. These factors may include a
change of the macroeconomic environment, of regulations in the
business areas, in which KORSAIR HOLDINGS AG is active, changing
license and partnership agreements as well as the general and
particular legal framework. These forward-looking statements speak
only as of their dates and have been reasonable at that time. KORSAIR
HOLDINGS AG undertakes no obligation to publicly update or revise any
forward-looking statements. This or any other statement from KORSAIR
HOLDINGS AG or any of its subsidiaries or its representatives does
not constitute an offer or a solicitation of an offer for the
purchase or sale or subscription of any securities of Korsair
Holdings AG in Germany, Switzerland or any other country. This
statement constitutes pure information about the company. Each and
any investment into securities, particularly into shares of young
companies like KORSAIR HOLINGS AG, bears high risks including a total
loss of the invested amount. Potential investors generally should
consult a qualified advisor before taking any investment decision at
all.
News Source: Marketwire
05.02.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Korsair Holdings AG
Switzerland
Phone:
Fax:
E-mail:
Internet:
ISIN: CH0042232998
WKN:
End of Announcement DGAP News-Service
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Unternehmensinformation / Kurzprofil:
Datum: 05.02.2013 - 09:00 Uhr
Sprache: Deutsch
News-ID 226111
Anzahl Zeichen: 7663
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Kategorie:
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