Saturday, August 09, 2008

Green IPO Watch at; Battery Company, A123 shares to trade on NASDAQ under symbol AONE

Green IPO Watch at; Battery Company, A123 shares to trade on NASDAQ under symbol AONE

POINT ROBERTS, WA and DELTA, BC— August 9, 2008 --,
a leading investor news and research portal for the renewable energy sector within,
reports on the recently filed $175 million IPO of A123 Systems, Inc., a company that designs, develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems.

From the SEC filing: “Our batteries and battery systems provide a combination of power, safety and life that we believe no other commercially available battery provides. We believe that lithium-ion batteries will play an increasingly important role in facilitating a shift toward cleaner forms of energy. Using our innovative approach to materials science and battery engineering and our systems integration and manufacturing capabilities, we have developed a broad family of high-power, lithium-ion batteries and battery systems. This family of products, combined with our strategic partner relationships in the transportation, electric grid services and portable power markets, position us well to address these markets for next-generation energy storage solutions.”

SEC filing link

A123 Systems, Inc shares will trade on the NASDAQ under the symbol “AONE”.

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1 comment:

Unknown said...

Wow.! Period then exclamation mark because its quite the revolution! Its about time that companies endure a bit of a twist in their representation, its not often we get to see something like this but hey it'll be worth the production! A company's image sometimes needs a different approach or way of handling situations. Whether people think it to be unique or not, Im my own individual and nothing will get in the way of my vision!
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