LION E-Mobility AG

DGAP-News: LION E-Mobility AG: LION Smart GmbH and consortium take first hurdle in highly remunerated EU funding project

DGAP-News: LION E-Mobility AG / Key word(s): Tender Offer/Alliance
LION E-Mobility AG: LION Smart GmbH and consortium take first hurdle in highly
remunerated EU funding project

27.04.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

Garching, Germany - April, 27th 2016 - LION E-Mobility AG is proud to announce
that its German subsidiary LION Smart GmbH and its consortium partners managed
to take the first of two hurdles of the EU funding project "Horizon 2020 - Green
Vehicles". The consortium is the only candidate with the topic "Battery
Management Systems (BMS)" that successfully applied for the granting process. Of
course we will keep the public informed about further developments in this
More information about the funding project can be found on the website of the EU

LION Smart GmbH currently presents its state-of-the-art battery management
system for the first time at Hannover Messe (April 25th- 29th, 2016), the
world's leading trade fair for industrial technology. We are very proud to
present our new system at booth H23 of our IC-partner Linear Technology
Corporation (ISIN: US5356781063) in hall 9.

Interested parties will have the opportunity to talk directly with our
developers and convince themselves of the performance and flexibility of the
battery management system.

For many years LION Smart GmbH has been successfully equipping its systems with
Linear Multicell Monitor IC of the series LTC68xx in the effort to reduce
component costs while consequently increasing its functionality, reliability and

About LION Smart:
LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like lithium
batteries and integration into the specific vehicle concept LION Smarts
engineers have a very high level of expertise. LION Smart carries out its own
research program in the field of lithium-ion technology and has filed two
patents in the past twelve months. 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

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

LION E-Mobility AG
Poststrasse 6
6300 Zug

27.04.2016  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Language: English

Company:  LION E-Mobility AG

          Poststraße 6

          6300  Zug


Phone:    +49 (0)89 74567993

Fax:      +41 (0)41 500 54 12


ISIN:     CH0132594711, CH0132594711

WKN:      A1JG3H  , A1JG3H

Listed:   Regulated Unofficial Market in Hamburg, Munich; Open Market in

End of News DGAP News Service
458087  27.04.2016 

Weitere Meldungen: LION E-Mobility AG

Das könnte Sie auch interessieren: