iQ Power Licensing AG

Among the TOP 3 for the GreenTec Awards 2017

Business news for the stock market

Zug (pta009/26.01.2017/10:00) - ,

* The GreenTec Awards is Europe's biggest and most important prize for innovations in the field of environmental protection and sustainability.
* Innovation of iQ Power Licensing is among the TOP 3 according to the expert jury voting (category 'Mobility').
* Innovative electrolyte mixing in car batteries has great advantages for consumers and the environment through double product life and low CO2 footprint.

Zug, Switzerland, 26 January 2016 - iQ Power Licensing AG (ISIN: CH0268536338; WKN/Security Number: A14M1C; Symbol: IQL) a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licenses in these technologies, is among the TOP 3 candidates for the GreenTec Awards 2017 in the category 'Mobility'. The final winner in each of the eleven categories will be voted by the international jury during the coming weeks.

The GreenTec Awards is the biggest and most important prize Europe wide for innovations in the field of environmental protection and sustainability. Sponsorship of the category 'Mobility' is taken over by the German Association of the Automotive Industry, VDA. The final award ceremony will take place in Berlin on May 12, 2017, as a tenth anniversary gala, in the presence of 600 guests from the worlds of business, politics, show and press.

Advantages of the iQ Power innovation for consumers and the environment
The innovation of iQ Power Licensing, the passive electrolyte mixing for starter batteries, offers considerable advantages, both for the consumer and for the environment and sustainability. Car batteries with integrated electrolyte mixing achieve a double life time and a double the number of cycle counts.

The importance of the innovation on sustainability and CO2 emissions is obvious in the case of a product with double life: The CO2 footprint is only half compared to conventional identical products over the product life span. There are also fewer raw materials and recycling materials in circulation.

The innovation is based on simple non-moving (passive) plastic components in the battery chambers. Coupled with the forces from the vehicle dynamics when driving, these components provide automatic and efficient 360-degree circulation and full electrolyte mixing in the battery. The advantages: No loss of capacity (Ah) due to harmful acid stratification as usual with normal batteries, always full function of the electrochemistry by a homogeneous electrolyte, minimal costs with maximum advantages for consumers and the environment.

GreenTec Awards
The GreenTec Award ( http://www.greentec-awards.com) is the most important environmental award worldwide. The prestigious prize is awarded annually to outstanding innovations in the field of environmental protection and sustainability in over ten different categories. The final award ceremony will take place in Berlin on May 12, 2017, as a tenth anniversary gala.

About the iQ Power Technology
Batteries with iQ Power technology are designed to generate better performance in Start-Stop applications and to meet the growing demands of electronic usage in vehicles today, is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery ensures uniform acid density for higher sustained performance throughout the entire life of the battery. This prolongs plate life by eliminating acid stratification and thermal gradients, delivering greater material utilization for a lower cost per cycle over conventional batteries. The patented technology was awarded the coveted Automechanika innovation award 1st prize in 2010.

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emitter: iQ Power Licensing AG
address: Metallstrasse 6, 6304 Zug
country: Switzerland
contact person: Dr. Eva Reuter
phone: [phone]
e-mail: [e-mail]
website: www.iqpower.com

ISIN(s): CH0268536338 (share)
stock exchanges: open market in Berlin

[ source: http://www.pressetext.com/news/20170126009 ]