pta20150908023
Business news for the stock market

iQ Power Licensing AG: ISO Quality Certification awarded to plant of iQ Power Asia

Zug / Gwangju, South Korea (pta023/08.09.2015/13:30 UTC+2) ,

- ISO 9001:2009 Certificate for Quality Management
- ISO 14001:2009 Certificate for Environmental Management

iQ Power Licensing AG (ISIN: CH0268536338; WKN/Security Number: A14M1C; Symbol: IQL) a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licenses in these technologies, reports the following status on iQ Power Asia:

iQ Power Asia (IQPA) announces the approval of the independent auditor's for the award of ISO 9001:2009 and ISO 14001:2009 certification. IQPA received the ISO 9001:2009 certification in the areas of development, design and production. The certification audit was performed by KIWA-CERMET, a Europe-based, globally recognized auditing organization. KIWA-CERMET has been conducting Quality Management audits for over 30 years and has locations in over 40 countries.

The ISO certification is globally recognized as an independent and objective test of the competency of an organization to manage the quality process. The Quality Management System (QMS) is more than just a measure of the quality of the product and processes of an organization. The QMS establishes the guidelines and processes to ensure continual reliable products and services meeting or exceeding all relevant international guidelines. Almost all manufacturing organizations serving global customers are expected to have and maintain this certification.

In addition, IQPA was awarded the ISO 14001:2009 certificate for Environmental Management. This certificate verifies that an organization meets and maintains all relevant environmental and safety guidelines and regulations. Moreover, the certification verifies that the organization has an active program to anticipate and manage future possible environmental challenges.

Although generally expected, Bob Sullivan, CEO of iQ Power Licensing AG and interim CEO of iQ Power Asia, welcomed greatly the award, which was issued less than 3 months after re-start of production. This award shows that the factory is regaining stability and is now being run on a foundation of sound management principles.

Batteries with iQ Power technology are designed to generate better performance in Start-Stop applications and to meet the growing demands of electronic usage in vehicles today. Electrolyte mixing 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.

(end)

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
|