RELEASED ON 11/03/13 (DD/MM/YY)

Energy Innovation Group Ltd. (EIG) a South Korean manufacturer of large        format lithium ion battery cell technology, announced today the        development of an LTO cell targeting and enabling applications requiring        high charge/ discharge rates, long cycle life, and broad operating        temperature range.

The 5Ah LTO prismatic pouch cell, EIG Model T005, is the first of a        family of LTO cells designed specifically for markets ranging from the        growing 12V and 48V stop-start micro-hybrid vehicle market to        specialized telecom and military markets. The T005 cell is expected to        begin shipping in pilot quantities in the second half of 2013.

“We are pleased to be able to leverage EIG’s deep expertise in designing        high-power lithium cells to be able to offer the T005 specifically to        those tier-1 transportation battery suppliers looking to enable their        own viable 12V and 48V battery solutions for stop/start micro-hybrid        applications. We believe that many of the technologies currently being        discussed for stop-start vehicle applications do not provide sufficient        dynamic charge acceptance or cycle life to make them economically viable        for such a demanding application,” said Hee Taek Kim, CEO of EIG Ltd.

About EIG

Energy Innovation Group, Ltd. (EIG) is an ISO/TS-16949 certified        manufacturer of large format lithium ion polymer battery cell        technology. EIG offers both high-energy density and high-power density        lithium ion battery cells that provide safe and economically optimized        solutions for the transportation, telecom, military, energy, and other        global markets. www.eigbattery.com

SOURCE Business Wire