Ultralife Corp. : Ultralife Introduces GenSet Eliminator?
09/27/2011| 12:40pm US/Eastern
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Ultralife Corporation (NASDAQ: ULBI) announced today the
introduction of the GenSet Eliminator?, a patent pending, innovative
storage and power system designed to reduce fuel consumption and
maintenance costs by 25% - 30% for defense and commercial applications.
The GenSet Eliminator? provides energy storage capabilities to
generators and renewable energy sources, thereby promoting optimum
efficiencies through the continuous charging and discharging of
Ultralife's Lithium Ion batteries incorporated into the system. The
system is mobile, flexible and scalable from 10 to 50 kWh of battery
storage and will significantly reduce fuel consumption while enabling
the primary generator or power source to be operated at 85% - 95% of its
rated load capacity. The switch between the primary energy source and
battery power is seamless to the user and allows for silent and clean
(zero emission) operation when the batteries are in use. The Lithium Ion
batteries allow for continuous monitoring, reduce battery weight by a
factor of four to five if comparable lead acid batteries are used, and
allow much higher operating temperatures of up to 140°F (60°C) without
degradation. The resulting benefits of lower fuel consumption, extended
life expectancy and less maintenance to the primary power source, and
silent watch capability make the GenSet Eliminator? ideal for military
bases that generate their own electricity. An added benefit of fuel
optimization may be a reduction in casualties associated with in-theater
military fuel convoys which are frequent targets of enemy attack.
Furthermore, the GenSet Eliminator? may benefit disaster relief by
simplifying logistics and improving sustainability when accessibility is
cut off.
"The GenSet Eliminator? is the first of a series of exciting new
products that we plan to introduce utilizing our Lithium Ion battery and
integration expertise," said Michael D. Popielec, Ultralife's president
and chief executive officer. "The critical components of this system are
internally designed and manufactured and provide an ideal platform to
broaden our portfolio and further penetrate defense and commercial
markets."
Ultralife will demonstrate the GenSet Eliminator? in October at two
events in the Washington D.C. area. The first event, the Sustainable
Technology Accelerated Research - Transformative Innovation for
Development and Emergency Support Demonstration at Fort Wesley J.
McNair, will take place October 4th through 7th (www.star-tides.net).
The second event, the annual Association of the United States Army
meeting, will take place October 10th through 12th
(www.ausa.org).
Further details are provided on the company's website (www.ultralifecorp.com).
About Ultralife Corporation
Ultralife Corporation serves its markets with products and services
ranging from portable power solutions to communications and electronics
systems. Through its engineering and collaborative approach to problem
solving, Ultralife serves government, defense and commercial customers
across the globe.
Headquartered in Newark, New York, the company's business segments
include: Battery & Energy Products and Communications Systems. Ultralife
has operations in North America, Europe and Asia. For more information,
visit www.ultralifecorp.com.
Ultralife Corporation
Philip Fain, 315-332-7100
pfain@ulbi.com
or
Investor
Relations:
Lippert/Heilshorn & Associates
Jody
Burfening, 212-838-3777
jburfening@lhai.com
© Business Wire 2011
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