Corporate | 27 April 2016 08:00
DGAP-News: LION E-Mobility AG / Key word(s): Tender Offer/Alliance
2016-04-27 / 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 matter.
More information about the funding project can be found on the website of
the EU Commission:
http://ec.europa.eu/research/participants/portal4/desktop/en/opportunities
/h2020/topics/1201-gv-8-2015.html
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 safety.
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 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.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
---------------------------------------------------------------------------
2016-04-27 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: LION E-Mobility AG
Poststraße 6
6300 Zug
Switzerland
Phone: +49 (0)89 74567993
Fax: +41 (0)41 500 54 12
E-mail: info@lionemobility.de
Internet: www.lionemobility.de
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Regulated Unofficial Market in Hamburg, Munich; Open
Market in Frankfurt
End of News DGAP News Service