iQ Power AG

DGAP-News: iQ Power starts Sales of 2nd Generation Passive Mixing Parts, iQ2

DGAP-News: iQ Power AG / Key word(s): Miscellaneous
iQ Power starts Sales of 2nd Generation Passive Mixing Parts, iQ2

31.01.2014 / 17:00

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iQ Power starts Sales of 2nd Generation Passive Mixing Parts, iQ2


  - First Delivery of 25.000 Battery sets to Discover Energy International

  - Continuous expansion of order volume expected

  - Production of batteries by Licensee expected shortly

  - Significant Sales Volume expected in 2014


Zug/Switzerland, 31 January 2014 - iQ Power AG (ISIN: CH0020609688, German
Securities Code Number (WKN): A0DQVL; ISIN: CH0199540599, German Securities
Code Number (WKN): A1J7TW), a developer and marketer of technologies for
environmentally friendly and technologically leading starter batteries for
motor vehicles and licences in these technologies, announces the start of
sales of 2nd Generation Passive Mixing Parts, iQ2.

iQ Power confirms the delivery of Passive Mixing Parts for approximately
25,000 battery sets to the Licensee and strategic Partner, Discover Energy
International (Hong Kong), as was anticipated in the last ad hoc report.
Successive orders are anticipated for the coming months ahead with
increasing volumes. The production of batteries from the subcontractor of
Discover Energy International will begin around the beginning of March.
From that point forward, they will be able to fill orders on a continual
basis.

The production and distribution of the Passive Mixing Parts is an important
component of the long-term strategy of iQ Power. By supplying parts on as
needed basis, the financial barrier of capital investment for Licensees is
eliminated. Through the distribution of the Passive Mixing Parts, iQ Power
gains an additional revenue channel, while at the same time, increasing
visibility into the exact product requirements of Licensees.

CEO, Bob Sullivan stated, 'The current development is an important step in
the right direction and proves out our strategy to concentrate on licensing
the technology. For 2014, we expect significant sales volumes.'

The Management


About iQ POWER

iQ Power develops and markets technologies for new types of starter
battery. At the heart of this technology are the world's first starter
batteries to feature more efficient automated electrolyte mixing with
passive elements - a patent of iQ Power.

For iQ Power's licensees, the new generation of starter batteries offers
significant advantages in terms of increased customer benefit, higher
product reliability and life cycle stability, a longer useful life and
improved environmental and resource protection. In 2010, this ecological
innovation won iQ Power the prestigious Automechanika Innovation Award for
outstanding product innovation.

As a stock corporation, iQ POWER AG is a listed company. The company's
securities are traded on the regulated market (General Standard) of the
German Stock Exchange in Frankfurt, over the counter on the stock exchanges
in Berlin, Düsseldorf, Munich and Stuttgart as well as via XETRA (ISIN:
CH0020609688, German Securities Code Number (WKN): A0DQVL, IQPB).


Contact:

Company Contact:
iQ Power AG
Metallstrasse 6
6304 Zug
Schweiz
info@iqpower.com
www.iqpower.com

Investor Relations Contact:
GFEI Aktiengesellschaft
Am Hauptbahnhof 6
60329 Frankfurt am Main
Tel.: +49 (0)69 - 74 30 37 00
Fax: +49 (0)69 - 74 30 37 22
iQPower@gfei.de
www.gfei.de


End of Corporate News

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31.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:    English
Company:     iQ Power AG
             Metallstrasse 6
             6304 Zug
             Switzerland
Phone:       +41 41 7680360
Fax:         +41 41 768 03 68
E-mail:   investor-relations@iqpower.com
Internet: www.iqpower.com
ISIN:        CH0020609688
WKN:         A0DQVL
Listed:      Regulierter Markt in Frankfurt (General Standard);
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart


End of News    DGAP News-Service
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