Green IPO Watch at Renewableenergystocks.com; Battery Company, A123 shares to trade on NASDAQ under symbol AONE
POINT ROBERTS, WA and DELTA, BC— August 9, 2008 -- http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com,
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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