New Aqueous-Based Battery Technology Contains No Flammable Liquid for
Ignition and Explosion and Offers Significant Advantages in Performance and
Reusability
SAN FRANCISCO, INTEL DEVELOPER FORUM, Sept. 25 /PRNewswire/ -- Zinc
Matrix Power, developer of new, rechargeable battery technology based on
silver, zinc and water, will demonstrate its product at the Intel
Developers Forum (IDF) 2006 Conference, September 26 - 28, 2006 in San
Francisco, CA.
The company announces that its new battery technology has three
powerful advantages over traditional lithium-ion batteries. "First of all,
the inherent chemistry of our batteries -- based mostly on silver, zinc and
water -- is safer," explains Dr. Ross Dueber, president and CEO of Zinc
Matrix Power, Inc. "Secondly, these high-energy batteries can significantly
improve upon the performance of existing lithium-ion batteries used in
notebook computers and cellular phones. And finally, Zinc Matrix Power uses
an environmentally friendly chemistry which allows battery cells to be
recycled and the contents reused."
Visitors to the Zinc Matrix Power booth at IDF Fall 2006 will see a
demonstration of a notebook computer battery using silver-zinc technology.
This technology contains no lithium or flammable liquids and is free from
the problems of thermal runaway, fire and danger of explosion. These
batteries are also free from the regulations that limit the size of
lithium-containing batteries on airplanes.
In addition to the intrinsic safety offered by the ZMP cells, a
notebook PC battery pack using ZMP cells can be expected to provide longer
run-time than equivalent Li-ion based battery packs. The combination of
longer run-time, safety, and an unrestricted pack capacity (not restricted
by Li-ion battery regulations for in-flight use) make Zinc Matrix Power
battery cells an attractive proposition for notebook PC OEMs.
In addition to addressing the needs of notebook computer and cell phone
manufacturers, Zinc Matrix Power rechargeable battery technology has
applications for the military, government, retail, and broadcast (mobile
TV) markets.
Having raised more than $35 million in funding, Zinc Matrix Power's
investors include Power Ventures, a large private equity group, Intel(TM)
Capital and OnPoint(TM) Technologies, a strategic private equity firm
funded by the United States Army. Tyco Electronics, part of Tyco
International, is the company's global manufacturing partner. Zinc Matrix
Power batteries will be available to device manufacturers for evaluation
and testing in early 2007.
The staff at Zinc Matrix Power is made up of technology industry
veterans and is supported by Intel. The company is led by Dr. Ross Dueber,
president and CEO. Dr. Dueber was invited to speak to the President's
Council of Advisors on Science and Technology (PCAST) in April 2006.
"PCAST's request for his presence at their meeting signifies the tremendous
interest our battery technology is generating within governmental and
commercial sectors," says Arthur N. Budge, Jr., chairman of Zinc Matrix
Power. "We believe our battery has the potential to change the game much
like lithium-ion did with its introduction in the early 90s."
About Zinc Matrix Power
Zinc Matrix Power, Inc. develops and produces high performance
rechargeable silver-zinc batteries for commercial and military markets. The
company currently holds 16 key patents on rechargeable silver-zinc
batteries and has demonstrated up to 2X the energy to volume of current
lithium-ion batteries. The company has strategic partnerships with, and
venture investments from, Intel(TM) Corporation, OnPoint(TM) Technologies
-- a venture capital fund of the US Army, and PowerVentures -- a large
private equity group.
SOURCE Zinc Matrix Power, Inc.
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Related links:
http://www.zmp.com
CONTACT:
Ross Dueber, Ph.D., of Zinc Matrix Power,
Inc., +1-805-445-7789, ross.dueber@zmp.com; or Robin Hoffman of
Pipeline Communications, +1-973-746-6970, robinh@pipecomm.com,
for Zinc Matrix Power, Inc.
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