iQ Power Licensing AG

Amalgamation of US green technology company into iQ Power / Annual Shareholders´ Meeting end of September - Seite 3

All resolutions at the shareholders´ meeting held on September 28, 2018 in Zug, are available in detail on the iQ Power website under section investor relations, together with the invitation for the Annual hareholder ` s Meeting 2018. Due to organizational reasons, no internet video transmission of the Annual Shareholders' Meeting will be available this time. Please ignore this option in the registration form in the invitation material.

Bob Sullivan, CEO of iQ Power Licensing, states, "Although the deal has been delayed, the change is positive for the current iQPL shareholders. I still adamantly maintain, that this is a once-in-a-lifetime opportunity for iQPL and its shareholders. The bundling of new business opportunities and the enabling of new business drivers by a large investment will create a company that is an attractive investment vehicle for large international institutional investors. Having a broad and experienced management team, an experienced capital markets executive as interim CFO, and George Weiss as a well-known executive with a sterling track record for creating shareholder value will ensure the success of the consolidated company."

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. It is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery by passive mixing elements ensures uniform acid density for higher sustained performance throughout the entire life of the battery, thus avoiding early loss of capacity (Ah) as usual with ordinary batteries. 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 and und became a first prize winner of the GreenTec Awards in 2017. - More under: www.iqpower.com/en

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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/20180907021 ]