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08/06/2008
Exide Technologies Reports Fiscal 2009 First Quarter Results; Adjusted EBITDA Up 82 Percent
 
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Motive Power Applications

 

The world’s demand for electricity—and the stored electrical energy in batteries—is escalating. Growth in wireless communications, the Internet, critical electronic operations that cannot be interrupted and the transportation needs of a world on the move are creating enormous new demands for battery power.
Exide Technologies is the global leader in providing stored electrical-energy—or battery—power. As the world’s foremost supplier of lead-acid batteries for transportation, network power and motive power applications, with an increasing presence in emerging battery technologies, Exide Technologies offers the most comprehensive portfolio of superior technologies, products and people.
With operations in 89 countries, Exide Technologies has captured one of the leading positions in every market it serves—including the original equipment market and the aftermarket.

Motive Power Business: Keeping Electric Vehicles and Devices in Motion

Today’s consumer society, from bricks and mortar to e-commerce, would stop cold without lead-acid batteries. These batteries power the lift trucks and other commercial electric vehicles used across the materials handling industry, to supply goods and products ordered through traditional or on-line channels. These quiet, powerful, zero-emission vehicles, which move raw materials and finished goods through all parts of the supply chain, including retail stores, logistics hubs, warehouses, cross-docking points and distribution centers, are an integral part of modern materials handling. Providing the batteries that power these and a host of other commercial electric vehicles is the job of the motive power teams within Exide Technologies Industrial Energy Global Business Unit (GBU).

The Exide Technologies Industrial Energy GBU’s global headquarters is in Manchester, England. Its North American operations are based in Aurora, Illinois, a suburb of Chicago. The Industrial Energy GBU provides a complete portfolio of deep-cycle batteries used as the sole power source for a range of commercial electric vehicles and devices for some of the world’s best-known companies such as Wal-Mart, Tesco, Ford, Hyster, Toyota, Hako and Junghenrich. It also offers a spectrum of battery handling charging and maintenance equipment and services, including chargers, ancillary products and systems, and in-house battery service, service agents, battery rental, service contracts and on- and off-site battery specification and installation.

Unlike the more familiar starting batteries, which provide a short burst of high power to start a vehicle’s engine, deep cycle batteries provide a long lasting, steady supply of electrical energy that powers a vehicle during its service life. These batteries are used in applications in which safety, high quality and reliability are paramount.

In addition to lift trucks, Exide’s motive power batteries are used for the complete range of materials handling vehicles such as various types of pallet trucks and stackers, order pickers, scissors lifts and reach trucks. Beyond materials handling, the batteries also power mobile utility work platforms, mining locomotives, airport ground-support equipment, passenger shuttles, delivery vehicles, boats, wheelchairs and floor-scrubbing equipment used in airports, hospitals shopping centers and other large public spaces. Exide’s products support the movement of the majority of planes, people and baggage throughout Europe’s airports.

Exide’s motive power product portfolio includes such consumer brand leaders as Champion®, Chloride Motive Power, Deta, Fulmen, Sonnenschein and Tudor. Its customers include original equipment manufacturers, aftermarket suppliers, automotive manufacturers, utility contractors and retailers. Exide Technologies is a supplier to three of the four largest retailers in North America alone.

“When most people think of the term ‘electric vehicle,’ they think of electric passenger cars, which represent only a sliver of the electric vehicle market,” said Neil Bright, President of the Exide Technologies Industrial Energy GBU. “In fact, the market for motive power applications is $1.2 billion worldwide, and Exide Technologies holds the lion’s share of the market.” As the leader of the Motive Power Group, Bright is responsible for the company’s worldwide motive power battery operations, including manufacturing, sales, service and recycling.

The Technology Behind the World’s Leading Motive Power Batteries

Exide manufactures a range of products including welded and bolted cells and monoblocs. The monoblocs are available as conventional flooded technology with flat or tubular positive plates, or maintenance free with gelled electrolyte or AGM. The company has extensive technology and application global expertise with its Sonnenschein gel and Champion® AGM maintenance-free ranges. These batteries will not spill or leak, they never require the addition of water, never need specific gravity checked or acid adjustment.

Exide’s service extends from the company’s factory floors to its customers’ doors. It offers a full line of high-tech, intelligent remote battery monitoring systems as well as chargers that provide fast, slow and high frequency charging, depending on the application and customer requirements. Exide even offers a team of 450 mobile service engineers in Europe who travel to customer locations to provide technical and service support. Exide’s service extends from manufacturing, monitoring, maintenance and recycling, taking responsibility for its products so customers can take responsibility for theirs.

“Our combination of advanced technology and service capabilities allows us to offer a complete range of stored electrical energy options for the motive power market,” noted Bright.

Exide Technologies Today and Tomorrow

The lead-acid battery is evolving high technology at its best. Developed in 1859, its first use was to power electric lights in railroad cars while they stopped in stations. Exide Technologies researchers and engineers have advanced the technology to make a battery that is smaller, more powerful, safer, longer-lived, and less expensive than before.

To keep the company at the forefront of the most significant developments in the industry, Exide recently established its own global network of battery testing and design improvement centers in North America, France, Spain, Australia and Great Britain. The company’s engineers continually work to explore new and better ways to advance lead-acid battery technology.

“We have the potential to introduce innovative and exciting batteries and systems that could literally change the way the world uses and stores electrical energy,” said GBU President Bright.

The Global Advantage

Exide Technologies’ global footprint is enhanced by the technological developments of all its divisions. Also within the Industrial Energy GBU, the company’s network power applications teams supply batteries for network communications for a broad customer base that includes Nokia and Nippon Telegraph and Telephone. The Exide Transportation Business Group, headquartered in suburban Atlanta, Ga., provides starting and deep-cycle batteries for vehicles ranging from garden tractors to cars, pickup trucks, motorcycles, boats, jet skis, golf cars, farm equipment, RVs, motor homes, buses, locomotives, tractor trailers and military equipment such as tanks and personnel carriers. Exide also supplies batteries for submarine and surface vessels for the majority of the world’s navies, and also is developing sealed and flooded high voltage battery systems for transportation and industrial applications.

“Because Exide Technologies melds two significant bases of experience and technological innovation from its transportation and industrial business sectors, we lead the industry, keeping an increasingly power hungry 21st century world in touch, backed up and on the move,” said Bright.

Contact:

Jeannine Addams
Kristin Wohlleben
J. Addams & Partners, Inc.
404/231-1132
communications@exide.com
 

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