ReVolt Technology, Ltd. Selected by AlwaysOn as an AO Global 250 Winner Recognized for game-changing technology and market value Staefa, Switzerland, July 17, 2008 – ReVolt Technology, Ltd., a technology company, which has developed a rechargeable zinc-air battery, today announced that it has been chosen by AlwaysOn as one of the AO Global 250 Winners. Inclusion in the AO Global 250 signifies major developments in the creation of new business opportunities in the global technology industries. Revolt Technology was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz. ReVolt Technology, Ltd. and the AlwaysOn Global 250 Top Private Companies will be honored at the AlwaysOn & STVP Summit at Stanford scheduled to occur on July 22-24, 2008 at Stanford University. This two-and-a-half day executive event highlights the significant economic, political and commercial trends disrupting the global technology industries and features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. Fifty of the top CEOs from the AO Global 250 will present their market strategies to a panel of industry experts in a “CEO Showcase.” “The AO Global 250 winners have excelled in key strategic areas in the global technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and platforms that are driving the next phase of innovation and creating real value at an economically uncertain time.” The AO Global 250 was selected from over hundreds of companies, nominated by a panel of industry experts in the online technology, media, entertainment, enterprise and greentech sectors from around the world. ReVolt’s zinc-air, rechargeable battery technology offers a high energy, safe and environmentally-friendly solution for a myriad of market applications. Revolt’s zinc-air technology offers up to three times the energy density of lithium-ion in an inherently safe package representing a major leap forward and compelling value proposition for energy-hungry devices. A full list of all the AO Global 250 winners can be found on the AlwaysOn Web site at http://alwayson.goingon.com/permalink/post/27959 “We are very excited to receive this recognition and AO Global 250 award from such a highly esteemed group of industry and thought leaders,” stated James P. McDougall, CEO of ReVolt Technology, Ltd. “It is a further testament to the hard work, vision and support of our very talented team, founder and world-class investors. We thank the selection committee and editorial team at AlwaysOn and look forward to fulfilling the resulting promise of our technology.”
About ReVolt Technology (www.revolttechnology.com) ReVolt Technology Ltd. is a technology company, which has developed a rechargeable zinc-air battery. ReVolt’s batteries may enable more high-power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability. About AlwaysOn AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, OnMedia, GoingGreen, NordicGreen, and Venture Summit East and West) and quarterly print “blogozine”. No other media brand has dared to create such open interaction with its readers and event participants.
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