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iQ Power Licensing AG: iQ Power Licensing partner Discover Energy ships first MIXTECH batteries to Power and Energy USA

Zug / Hong Kong (pta007/13.04.2015/10:07 UTC+2) ,

- Batteries are expected to be ready for distribution through Power and Energy´s wholesale and retail distribution network in the United States and Latin America in May

Zug / Hong Kong, 13 April 2015 - Discover Energy International Limited, Hong Kong, announces the shipment of its first inventory of batteries with DISCOVER MIXTECH (utilizing iQ Power's new generation technology) to Power and Energy USA, one of the company's Factory Warehouses in North America. The batteries will be distributed through Power and Energy's established network in the United States and Latin America from its warehouse in Miami, Florida.

North American is the worlds largest battery market, making it a critical component in the global development for and sales growth of batteries with DISCOVER MIXTECH. With an estimated more than 294 million registered vehicles in North America, and close to another 4.4 million in the Caribbean, it is strategically key to showcase the performance of DISCOVER MIXTECH technology in these markets.

Kevin Loman, Director, Discover Energy International Limited, Hong Kong said, "we are excited to see how the DISCOVER MIXTECH innovation influences product positioning in these markets and how it drives Power and Energy's market share." Distributors with access to batteries with DISCOVER MIXTECH will gain competitive advantages through their ability to offer benefits and features that are not available with competing products.

Power and Energy USA provides integrated services by representing and distributing products on a global scale, offering only top quality products and a full range of logistics services at competitive prices. The company adds value to customers and supply partners by developing loyal and reliable long-term relationships.

Discover is a manufacturer and distributor of battery and power related products with strategically located facilities globally, and world leading OEM and aftermarket customers. Discover engineers Clean & Green® innovative products and operates responsible product life cycle management and recycling programs.

DISCOVER MIXTECH, designed to generate better performance in Start-Stop applications and to meet the growing demands of electronic usage in vehicles today, is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery ensures uniform acid density for higher sustained performance throughout the entire life of the battery. This prolongs plate life by eliminating acid stratification and thermal gradients, delivering greater material utilization for a lower cost per cycle over conventional batteries. The patented technology was awarded the coveted Automechanika innovation award 1st prize in 2010.

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Emitter: iQ Power Licensing AG
Metallstrasse 6
6304 Zug
Switzerland
Contact Person: Dr. Eva Reuter
Phone: +49 251 9801560
E-Mail: e.reuter@dr-reuter.eu
Website: www.iqpower.com
ISIN(s): CH0268536338 (Share)
Stock Exchange(s): Free Market in Berlin
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