DGAP-News

LION E-Mobility AG: LION Smart GmbH enters promising cooperation in the field of high capacity stationary storage systems

DGAP-News: LION E-Mobility AG / Key word(s): Alliance/Expansion
LION E-Mobility AG: LION Smart GmbH enters promising cooperation in the
field of high capacity stationary storage systems

11.04.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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Garching, Germany - April, 11th 2016 - LION Smart strategically enters the
market of stationary storage systems with a new close cooperation. Among
its product- and service portfolio the new partner BSW Basic Sales
Worldwide GmbH & Co. KG offers great opportunities for LION Smart GmbH with
it's bidirectional liquid-cooled converters. With their bidirectional setup
BSWs converters can be directly integrated into pre-existing systems.
Feeding into the public grid as well as storage on local battery systems
can thus be conducted by just one device in which LION Smarts BMS
guarantees a reliable and flexible operation (e.g. frequency regulation,
peak-shaving, etc.). With it's already known from Kreisel/LION technology
of liquid-temperature-regulation, now high-capacity stationary storage
systems can be offered, that can be operated in all climate conditions.
Along decades of experience in high voltage technology, BSW contributes
excellent contacts an impressive portfolio of references (more on:
http://www.bsw-schmelzle.de/wp-content/uploads/2015/02/BSW-Produkte.pdf).
We are looking forward to our cooperation and to a productive future.

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