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PowerGenix Inks Distribution Agreement
for NiZn Rechargeable Batteries

PowerGenix Brings Eco-friendly AA Batteries to Stores throughout Canada with Distribution Agreement with Ingram Micro

PowerGenix Press Release

FlashlightNews.org - 12/22/2009


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PowerGenix's AA batteries

PowerGenix's AA batteries

SAN DIEGO, Ca. - In response to growing consumer demand, PowerGenix, developer and manufacturer of nontoxic, high performance Nickel-Zinc (NiZn) rechargeable batteries, announced today an agreement with Canada-based Ingram Micro, one of the world's leading technology distributors, to stock PowerGenix's AA batteries at retail outlets throughout Canada starting in January.

Through the agreement with Ingram Micro, PowerGenix batteries will be sold in stores, including several major retail chains, as well as through a number of online outlets. They are currently available at the Canadian portal of Amazon.com, Amazon.ca. The announcement comes four months after PowerGenix batteries debuted online at three major retailers - Amazon.com, DepotEco and GreenBatteries.com - and as the batteries were named as winner of a Popular Science Best of What's New Award.

"Retailers are seeking products that deliver on their green guarantees without sacrificing performance, making PowerGenix batteries an inventory must-have," said PowerGenix CEO Dan Squiller. "Ingram Micro plays a key role in bringing breakthrough technologies to retailers' shelves. Through our partnership, we are quickly growing our retail presence and expanding the market for rechargeable batteries, proving rechargeable batteries can deliver the power high-drain consumer electronics need."

The limited performance capabilities of rechargeable AA batteries have historically hampered their market acceptance, as portable consumer electronic devices, such as cameras and flashlights, are designed for optimal use with more powerful disposable batteries. PowerGenix's Nickel-Zinc AA's are the first rechargeable batteries to deliver a power equivalent to disposable alkaline batteries - a 30-percent increase compared to conventional AA rechargeable battery technologies.

In addition to offering advanced rechargeable battery performance, PowerGenix's NiZn batteries are also safe, non-combustible and nontoxic, certified by independent third party testing to contain no heavy metals such as lead, cadmium or mercury.

PowerGenix batteries are the first NiZn chemistry to be certified by the Rechargeable Battery Recycling Corporation (RBRC). The batteries are recyclable at all points of sale as part of RBRC's more than 50,000 drop-off points in North America.

About PowerGenix

PowerGenix has developed and patented a high-power and low-cost Nickel-Zinc battery for power intensive electronics, toys, power tools and hybrid electric vehicles (HEVs). PowerGenix Nickel-Zinc batteries are a higher performing and environmental friendly replacement for Nickel-Cadmium and Nickel Metal Hydride batteries in the multi-billion dollar rechargeable battery market -- providing a smaller, lighter and highly recyclable alternative to existing technologies.

For more information, visit the company's web site at: powergenix.com.

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