PRINCETON, N.J., Nov. 7 /PRNewswire-FirstCall/ -- Exide Technologies (OTC Bulletin Board: EXDTQ) (www.exide.com ), a global leader in stored electrical energy solutions, has a new agreement to expand its product line of automotive starting batteries as supplied to Bi-Mart Corporation.
Exide will begin providing Bi-Mart with its Exide Select Orbital(R) technology products for automotive starting applications. The batteries will be marketed under the Exide Vortex(TM) brand. The Exide Select Orbital(R) technology is a highly efficient design of spiral-wound plates that provides unparalleled power among conventional automotive batteries.
Bi-Mart Corporation is a membership organization with 62 stores located throughout the Pacific Northwest. The stores offer a product range of hard goods in photo, housewares, sporting goods, automotive and hardware, along with health & beauty products, toys, clothing/shoes, foods and beer/wine. The chain also has a full service pharmacy.
Exide has been a supplier of automotive, deep cycle, motorcycle and marine batteries to Bi-Mart for more than 30 years.
The Vortex(TM) product line features Exide's spiral-wound plates combined with absorbed glass mat lead-acid chemistry that result in a leakproof, highly vibration-resistant, virtually indestructible battery offering twice the life of a conventional battery. Its safety features allow it to be located anywhere in the vehicle.
Bi-Mart will market the Vortex batteries for high-energy automotive applications. This will be the first time Bi-Mart has offered the innovative high-energy product to its customers.
"An increasing number of our customers want to expand their battery product lines to accommodate the needs of today's high-performance vehicles," said David G. Enstone, president of the Exide Technologies Global Transportation Business Group. "Our long-term relationship with Bi-Mart allows us to provide advanced products to meet the evolving needs of Bi-Mart customers."
About Exide Technologies:
Exide Technologies, with operations in 89 countries and fiscal 2002 net sales of approximately $2.4 billion, is one of the world's largest producers and recyclers of lead-acid batteries. The company's three global business groups -- transportation, motive power and network power -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, fuel-cell load leveling, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.
Further information about Exide, its financial results and other information is available at www.exide.com .
Bi-Mart (www.bimart.com ), based in Eugene, Oregon, takes a "deep discount" approach to merchandising brand name goods, basing the profits on volume sales rather than high markup. Founded in 1955, Bi-Mart continues to offer a wide selection of top quality merchandise at low everyday prices with a high level of member satisfaction. Bi-Mart prides itself on having the highest standards of customer satisfaction in the industry.
Jeannine Addams or Kristin Wohlleben
Tarkenton & Addams, Inc.
Gavin Anderson & Company
Make Your Opinion Count - Click Here http://tbutton.prnewswire.com/prn/11690X52623378
SOURCE Exide Technologies
/CONTACT: media, Jeannine Addams or Kristin Wohlleben of Tarkenton & Addams, Inc., +1-404-231-1132, or investors, Mauyra James of Gavin Anderson & Company, +1-212-515-1962, all for Exide Technologies/
/Web site: http://www.exide.com