CM-Equity AG is pleased to inform you about LION E-Mobility AG's latest press release.
Garching, Germany - October, 20th 2015 - The Swiss Holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) announces that its German subsidiary LION Smart GmbH has entered a close cooperation with Kreisel Electric GmbH, one of the big names in the industry that has lately been awarded the prestigious "Handelsblatt Energy Award 2015". The combination of Kreisel's revolutionary welding and production technology with LION Smart's innovative and modular battery management system with create synergy effects which will lead to a strong increase of profitability and sustainability of electric storage systems and thus strengthen market positions in product and service industries of both companies.
About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss Holding with strategic investments in the e-mobility sector, particularly in the field of electric energy storage as well as battery pack development and management. The Company holds 100% of the German LION Smart GmbH, a development and engineering company specialized on custom designed battery packs and battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned TÜV SUED AG. Members of the Board of Directors
are: Mr. Dipl.-Ing. Daniel Quinger (President of the Board), Dr. Isolde Semm, Dipl.-Ing. Tobias Mayer, Mr. Hany Magour and Dipl.-Ing. (FH) Martin Specht. The Management of LION Smart GmbH consists of Dipl.-Ing. Tobias Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery Testing GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck. For more information please visit our homepage: www.lionemobility.com
This presentation contains forward-looking statements that involve a number of risks and uncertainties, including statements that relate to, among other things, the Company's objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this presentation, whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations Contact:
Mr. Walter Wimmer
Telephone: +49 (0)89 74567993
LION E-Mobility AG