LION E-Mobility AG

DGAP-Adhoc: LION E-Mobility AG subsidiary LION Smart GmbH has been awarded a major contract from Kreisel Electric


DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Incoming Orders/Product Launch
LION E-Mobility AG subsidiary LION Smart GmbH has been awarded a major contract
from Kreisel Electric

19.09.2016 / 15:15
Disclosure of an inside information according to Article 17 MAR.
The issuer is solely responsible for the content of this announcement.

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LION E-Mobility AG subsidiary LION Smart GmbH is pleased to announce that it has
received the largest order in the company's history. LION Smart has been
selected by its partner Kreisel Electric to equip Kreisel Electric's home
storage "Mavero" with the necessary battery management system.
The order volume amounts to a mid-seven-figure sum over a period of two years.
We are very pleased with the enormous interest in Kreisel's "Mavero" home
storage being the reason for the first large-scale order in the segment of BMS
for stationary storage systems.
The Open Source BMS of LION Smart was able to fully convince Kreisel Electric.
This is a confirmation of being on the right track with the open solution which
can be easily adapted to various customer needs, says Chairman of the Board
Daniel Quinger.
The simple yet very attractive visualization of the state of charge of the home
storage, its outstanding design, and not least its good cost effectiveness,
which even outshines Tesla's storage, is thus leading to an ever increasing
interest in "Mavero", IR Manager Walter Wimmer is pleased to report.

http://www.kreiselenergy.com/
http://www.lionsmart.com/

About LION E-Mobility AG

LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly in the
field of electric energy storage as well as battery pack development and
management. The Company holds 100% of the German LION Smart GmbH, a development
and engineering company specialized on custom designed battery packs and
battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV
SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned
TÜV SUED AG. Members of the Board of Directors are: Dipl.-Ing. Daniel Quinger
(President of the Board), Dipl.-Ing. Tobias Mayer, Mr. Hany Magour, Dr. Isolde
Semm and Dipl.-Ing. (FH) Martin Specht. The Management of LION Smart GmbH
consists of Dipl.-Ing. Tobias Mayer and Mr. Walter Wimmer. The Managing Director
of the TÜV SUED Battery Testing GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck.
For more information please visit our homepage: www.lionemobility.com

Disclaimer
This presentation contains forward-looking statements that involve a number of
risks and uncertainties, including statements that relate to, among other
things, the Company's objectives, goals, strategies, intentions, plans, beliefs,
expectations and estimates, and can generally be identified by the use of words
such as "may", "will", "could", "should", "would", "likely", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the
negative thereof) and words and expressions of similar import. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, such statements involve risks and uncertainties, and
undue reliance should not be placed on such statements. Certain material factors
or assumptions are applied in making forward-looking statements, and actual
results may differ materially from those expressed or implied in such
statements. Important factors that could cause actual results to differ
materially from expectations include but are not limited to: general business
and economic conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal and
regulatory proceedings; the ability to adapt products and services to the
changing market; the ability to attract and retain key executives; and the
ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking statements
contained in this presentation, whether as a result of new information, future
events or otherwise, except as required by law.

Investor Relations Contact:
Mr. Walter Wimmer
Telephone: +49 (0)89 74567993

Email: ir@lionemobility.de
http://www.lionemobility.de

LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland

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19.09.2016  The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  LION E-Mobility AG

          Poststraße 6

          6300 Zug

          Switzerland

Phone:    +41 (0)41 500 54 11

Fax:      +41 (0)41 500 54 12

E-mail:info@lionemobility.de

Internet: www.lionemobility.com

ISIN:     CH0132594711, CH0132594711

WKN:      A1JG3H  , A1JG3H

Listed:   Regulated Unofficial Market in Hamburg, Munich (m:access); Open Market
in Frankfurt


End of News DGAP News Service
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503061  19.09.2016 
 



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