First Motion for Exclusivity Period Extension Approved For Lithium Technology Corp.

Lithium Technology Corporation is a United States-based company engaged in developing, producing and marketing battery systems based on lithium-ion technology. The Company's products include Lithium ion batteries, cells and other products, such as Power Distribution Unit (PDU) 02, which is a high voltage (HV) distributer, Bender Isometer F1 and Kilovac. The Company sells its batteries under the GAIA brand name. It is a provider of energy storage systems. It offers various cells and battery types, and high-energy, high-power and ultra-high-power solutions across a range of capacities. Its cells are available with capacities between over 7.5 Amp Hour (Ah) and 500Ah. Its technology is based on Lithium nickel cobalt oxide Li (Ni,Co)O2 (NCA) and Lithium iron phosphate cells (LiFePO4) (LFP). Its batteries find their applications in various markets, including automotive and transportation, as well as stationary power, railways, race, aviation, aerospace and marine markets across the world.