LION E-Mobility AG

DGAP-Adhoc: LION E-Mobility AG: LION Smart GmbH signs exclusive supply agreement for its battery management system with Kreisel Electric GmbH


DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Incoming Orders/Alliance
LION E-Mobility AG: LION Smart GmbH signs exclusive supply agreement for its
battery management system with Kreisel Electric GmbH

27-Jun-2017 / 15:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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LION E-Mobility AG is pleased to announce that its 100% subsidiary LION Smart
GmbH has secured a global supply contract with Kreisel Electric. The contract
includes exclusive equipping of Kreisel's MAVERO stationary energy storage with
LION Smart's revolutionary battery management systems up to the year 2021 with a
two-sided option for extension.-------------------------------------------------
-------------------------------Information and Explanation of the Issuer to this
News:

LION Smart GmbH signs exclusive supply agreement for its battery management
system with Kreisel Electric GmbH

LION E-Mobility AG is pleased to announce that its 100% subsidiary LION Smart
GmbH has secured a global supply contract with Kreisel Electric. The contract
includes exclusive equipping of Kreisel's MAVERO stationary energy storage with
LION Smart's state-of-the-art battery management systems up to the year 2021
with a two-sided option for extension.

This contract marks a decisive step in reinforcing the partnership with Kreisel
Electric. The team at LION Smart GmbH is delighted with this vote of confidence
by Kreisel GmbH.

'We are very pleased to enter into a long-term partnership with Kreisel and to
supply our BMS on a large scale,' say the managing directors of LION Smart,
Walter Wimmer and Tobias Mayer.

MAVERO energy storage is one of the most innovative stationary storages
available to the market and has recently received the 'International Design
Award' in the USA.

The energy storage solution is suitable for both private and commercial
applications while being highly efficient and flexible. Thanks to its modular
design, theses devices can be adapted precisely to almost any given condition.

With MAVERO Kreisel Electric and LION Smart are setting new standards in the
area of stationary storage solutions.

For more information about MAVERO visit: http://www.kreiselenergy.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: Mr. Daniel Quinger
(President of the Board), Mr. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and
Mr. Martin Specht. The Management of LION Smart GmbH consists of Mr. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery
Testing GmbH is Mr. 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
 
Email: ir@lionemobility.de
http://www.lionemobility.com
 
LION E-Mobility AG
Poststrasse 14
6300 Zug
Schweiz-------------------------------------------------------------------------
27-Jun-2017 CET/CEST 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 14

          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 Announcement DGAP News Service

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586827  27-Jun-2017 CET/CEST
 



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