Press Releases

C&D Technologies VR Solar® Product Selected for Demand Response Application

March 28, 2012 – C&D Technologies, Inc. a leading global producer of complete, integrated standby power systems, today announced that the VR Solar® (VRS) product line, a valve regulated lead acid (VRLA) battery has been chosen for a demand response application in New York City. Click here for the full story

C&D Technologies Launches New Web-Site

February 11, 2012 – C&D Technologies, Inc. a leading global producer and marketer of complete, integrated standby power systems today announced that it has launched a new web-site to enhance the communication of new products as well as improve the navigation and customer experience for its end customers. Click here for the full story

C&D Technologies Releases TEL12-145FW Product

January 25, 2012 – C&D Technologies, Inc. a leading global producer and marketer of complete, integrated standby power systems, today announced that the TEL12-145FW product, a valve regulated lead acid (VRLA) battery is now available to meet customer requirements. . Click here for the full story

C&D Technologies, Inc. Acquired by an Affiliate of Angelo, Gordon & Co.

January 13, 2012 -- C&D Technologies, Inc. (OTC: CHHP) today announced that effective on January 13, 2012 and pursuant to the previously announced Agreement and Plan of Merger, dated as of October 3, 2011, by and among C&D and certain affiliates of Angelo, Gordon & Co., Angel Acquisition Corp. was merged with and into C&D, with C&D continuing as the surviving corporation. Click here for the full story

C&D Technologies Introduces The Liberty® MSE 2Volt VRLA Product Line.

October 14, 2011 – C&D Technologies, Inc. a leading global producer and marketer of complete, integrated standby power systems, today announced the release of the Liberty® MSE product line, a valve regulated lead acid (VRLA) battery that offers the market leading MSE technology incorporated into a new, global product form factor. Click here for the full story

C&D Technologies, Inc. to Be Acquired by an Affiliate of Angelo, Gordon & Co.

Oct. 3, 2011 -- C&D Technologies, Inc. (OTC: CHHP) today announced the signing of a definitive merger agreement, pursuant to which C&D will be acquired by an affiliate of Angelo, Gordon & Co. in an all-cash transaction for $9.75 per share. The deal is expected to close in the fourth quarter of this calendar year. The transaction is not subject to a financing condition. Click here for the full story

C&D Technologies' Shanghai Operations Achieves IECQC 080000 Certification

September 8, 2011 – C&D Technologies, Inc. (OTC: CHHP), a leading global producer and marketer of complete, integrated standby power systems, today announced that C&D Technologies' Shanghai joint venture has achieved IECQC 080000 certification, building on its previous successful ISO14000 qualification. IECQC 080000 addresses control requirements for effective hazardous substance management. This certification aligns with the hazardous substance process management requirements of many global companies that manufacture and sell products within Europe. Click here for the full story

C&D Technologies Reports Fiscal 2012 Second Quarter Results

Sept. 7, 2011 -- C&D Technologies, Inc. (OTC: CHHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (or "UPS") systems, utility and other high reliability applications, today announced financial results for the second quarter of fiscal 2012, ended July 31, 2011. Click here for the full story

C&D Technologies, Inc. Announces Special Committee of Independent Directors

June 29, 2011 -- C&D Technologies, Inc. (OTC: CHHP) announced that its Board of Directors has formed a special committee to review a proposal from Angelo, Gordon & Co., L.P. to acquire all of the outstanding shares of Common Stock of C&D Technologies not already owned by Angelo, Gordon & Co. for $9.50 per share. Click here for the full story

C&D Technologies, Inc. Receives Going Private Proposal

June 16, 2011 -- C&D Technologies, Inc. (OTC: CHHP) (the "Company") announced that early this morning it had received a non-binding proposal for a going private transaction from affiliates of Angelo, Gordon & Co., LP, the holder of approximately 65% of the Company's common stock, at $9.50 per share in cash. Click here for the full story

C&D Technologies Reports Fiscal 2012 First Quarter Results

June 8, 2011 -- C&D Technologies, Inc. (OTC: CHHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (or "UPS") systems, utility and other high reliability applications, today announced financial results for the first quarter of fiscal 2012, ended April 30, 2011. Click here for the full story

C&D Technologies Announces $28 Million Contract from Agriculture Bank of China

May 2, 2011 -- C&D Technologies, Inc. (OTC: CHHP), a leading producer and marketer of batteries, battery systems and integrated standby power systems, today announced the award of an exclusive contract to provide batteries to the Agriculture Bank of China for their data center infrastructure expansion across China. This 3 year project, which began in earnest in the fourth quarter of 2010, is valued at over $28 million US dollars, one of the largest single project awards received in the company's hundred year history. Click here for the full story

C&D Technologies Reports Fiscal 2011 Fourth Quarter and Full Year Results

May 2, 2011 -- C&D Technologies, Inc., (OTC: CHHP) a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (or "UPS") systems, utility and other high reliability applications, today announced financial results for its fiscal 2011 fourth quarter and year ended January 31,2011. Click here for the full story

C&D Technologies Names David J. Anderson Vice President, General Counsel and Corporate Secretary

April 28, 2011 -- C&D Technologies, Inc., (OTC: CHHP), a leading North American producer and marketer of batteries, battery systems and integrated standby power systems, today announced the appointment of David J. Anderson to the position of Vice President, General Counsel and Corporate Secretary. Click here for the full story

C&D Technologies Completes Contract with General Services Administration

March 31, 2011 –- C&D Technologies, Inc., (OTC: CHHPD) a leading North American producer and marketer of batteries, battery systems and integrated standby power systems, today announced that it has completed a contract with the General Services Administration to offer its' products under the GSA Schedules Program. Click here for the full story

C&D Technologies Announces Completion of Reverse Stock Split

March 15, 2011 -- C&D Technologies, Inc. (the "Company") announced today that it filed an amendment (the "Amendment") to its amended and restated certificate of incorporation to decrease the number of authorized shares of the Company's common stock, par value $.01 per share ("Common Stock"), from 600,000,000 to 25,000,000 (the "Authorized Share Reduction"). Click here for the full story

C&D Technologies Announces Plan for Reverse Stock Split

Jan. 31, 2011 -- C&D Technologies, Inc. announced today that on January 26, 2011, the Board of Directors of C&D Technologies, Inc. (the "Board" and the "Company", respectively) approved and recommended, and on January 31, 2011, the Majority Stockholder of the Company's common stock representing 65.2% of the Company's issued and outstanding voting securities, approved by written consent pursuant to Section 228 of the General Corporation Law of the State of Delaware, the corporate actions listed below (the "Corporate Actions").  The Company will file an Information Statement on Schedule 14C (the "Information Statement") with the Securities and Exchange Commission, in accordance with its obligations under federal securities laws as promptly as is reasonably practicable. Click here for the full story

C&D Technologies Successfully Completes Debt-To-Equity Exchange Offer

Dec. 23, 2010 -- C&D Technologies, Inc. announced today that it has completed its debt-to-equity exchange offer, reducing the Company's total debt from approximately $175 million to $50 million and providing the company with an appropriate capital structure to continue to meet its obligations and execute its future business plans. Click here for the full story

C&D Technologies Receives All Requisite Approvals for Out-Of-Court Financial Restructuring

Dec. 21, 2010 -- C&D Technologies, Inc. (Pink Sheets: CHHP) announced today that it has received all necessary approvals from its stockholders and noteholders for its proposed out-of-court financial restructuring. Upon consummation, which is expected to occur shortly, the financial restructuring will reduce the Company's total debt from approximately $175 million to $50 million. Click here for the full story

C&D Technologies Stockholders Approve Debt-To-Equity Exchange Offer

Dec. 20, 2010 -- C&D Technologies, Inc. announced today that its stockholders have approved the Company's offers to exchange its outstanding 5.25% Convertible Senior Notes due 2025 and 5.50% Convertible Senior Notes due 2026 (together the "Notes") for shares of the Company's common stock and have approved corresponding amendments to the Company's certificate of incorporation at a Special Meeting of Stockholders held today at 3:00 PM EST at the Company's headquarters. Click here for the full story

C&D Technologies Announces Adjournment of Stockholder Meeting and Extension of Exchange Offer

Dec. 13, 2010 -- C&D Technologies, Inc. announced today that it has adjourned a special meeting of stockholders, which had been called in order to approve the exchange offers for its outstanding 5.25% Convertible Senior Notes due 2025 and 5.50% Convertible Senior Notes due 2026 in exchange for shares of the Company's common stock and certain amendments to the Company's certificate of incorporation in connection with the exchange offers until 3:00 PM EST on Monday, December 20, 2010 at the corporate offices of C&D located at 1400 Union Meeting Road, Blue Bell, Pennsylvania. Click here for the full story

C&D Technologies Reports Fiscal 2011 Third Quarter Results

Dec. 10, 2010 -- C&D Technologies, Inc., a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (or "UPS") systems, utility and other high reliability applications, today announced financial results for the fiscal 2011 third quarter ended October 31, 2010. Click here for the full story

C&D Technologies Provides Exchange Offer Update

December 3, 2010 - C&D Technologies, Inc. announced today that approximately 95.56% of the outstanding principal of its outstanding 5.25% Convertible Senior Notes due 2025 and 5.50% Convertible Senior Notes due 2026 (together the "Notes") have been validly tendered and not validly withdrawn as of 5:00 PM Eastern Standard Time on December 2, 2010, in its outstanding exchange offers. Click here for the full story

C&D Technologies Elects to Not Make Interest Payment on its 5.25% Convertible Senior Notes Due 2025 While its Exchange Offer Remains Pending

Nov. 1, 2010 -- C&D Technologies, Inc. announced today that it has elected not to make a semi-annual interest payment due on its 5.25% Convertible Senior Notes due 2025 (the "5.25% Notes") on November 1, 2010. Click here for the full story

C&D Technologies Commences Exchange Offer for Debt-to-Equity Swap

Oct. 21 -- C&D Technologies, Inc. announced today that as part of its restructuring plan it has commenced an offer to exchange all of its outstanding 5.25% Convertible Senior Notes due 2025 and 5.50% Convertible Senior Notes due 2026 (together the "Notes") for up to 95% of shares of the Company's common stock (the "Common Stock"). Click here for the full story

C&D Technologies Announces That the New York Stock Exchange Has Commenced Suspension Procedures for the Company

October 5, 2010 - C&D Technologies, Inc. (NYSE: CHP) announced today that the New York Stock Exchange has commenced suspension procedures for the Company. Click here for the full story

C&D Technologies Reports Fiscal 2011 Second Quarter Results

Sept. 14 -- C&D Technologies, Inc. (NYSE: CHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (or "UPS") systems, utility and other high reliability applications, today announced financial results for the fiscal 2011 second quarter ended July 31, 2010. Click here for the full story

C&D Technologies Reaches Agreement in Principle with Group of Major Noteholders on Financial Restructuring Plan

Sept. 14 -- C&D Technologies, Inc. (NYSE: CHP) announced today that it has entered into a restructuring support agreement (the "RSA") with two noteholders (the "supporting noteholders") who together hold approximately 56% of the aggregate principal amount of the Company's outstanding 5.25% convertible senior notes due 2025 and 5.50% convertible senior notes due 2026 (the "notes"). Click here for the full story

C&D Technologies Announces Submission of Form 12b-25 Notification of Late Filing with the SEC

Sept 8, 2010 - C&D Technologies, Inc. (NYSE: CHP) announced today that it has filed a Notification of Late Filing, or Form 12b-25, with the Securities and Exchange Commission with regard to its Form 10-Q report for the Company's Second Quarter Fiscal 2011. This allows the Company an additional five calendar days to file the Form 10-Q, which was otherwise due on September 9, 2010. Click here for the full story

C&D Technologies Announces Date For the Second Quarter Financial Results Release and Conference Call

August 12, 2010 -- In conjunction with C&D Technologies, Inc.'s (NYSE: CHP) second quarter financial results announcement, members of the public are invited to listen to the company's live conference call broadcast via the internet on Thursday, September 9, 2010 at 10:00 a.m. (Eastern Daylight Time). Click here for the full story

C&D Technologies' Continued Listing Plan Accepted by New York Stock Exchange

July 27, 2010 -- C&D Technologies, Inc. (NYSE: CHP - News), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (UPS) systems, utility and other high reliability applications, announced today that the New York Stock Exchange (the "NYSE") has notified the Company that it has accepted the Company's proposed plan for continued listing on the NYSE. Click here for the full story

C&D Technologies Receives Notice Regarding NYSE Listing

July 20, 2010 -- C&D Technologies, Inc. (NYSE: CHP - News), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (UPS) systems, utility and other high reliability applications, announced today that the Company received notification from the New York Stock Exchange (the "NYSE") that the Company has fallen below the continued listing standard which requires a minimum average closing price of $1.00 per common share over thirty consecutive trading days. Click here for the full story

C&D Technologies Awarded $5 Million Contract for Development of Advanced Lead-Carbon Energy Storage System for Renewable Energy Applications

June 28, 2010 -- C&D Technologies, Inc. (NYSE: CHP), a leading producer and marketer of batteries, battery systems and integrated standby power systems, today announced that the company has been awarded a contract by the US Army for the development of an advanced energy storage system for renewable energy applications incorporating advanced lead carbon batteries. Click here for the full story

C&D Technologies Reports First Quarter Results

June 7, 2010 - C&D Technologies, Inc. (NYSE: CHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply systems, utility and other high reliability applications, today announced financial results for the fiscal 2011 first quarter ended April 30, 2010. Click here for the full story

C&D TECHNOLOGIES INTRODUCES Two New Models to the C&D TRUE FRONT ACCESS™ Battery Family to Address Global Telecommunications Market

June 3, 2010 – C&D Technologies, Inc. (NYSE: CHP), a leading global producer and marketer of complete, integrated standby power systems, today announced the release of two new models to the C&D TRUE FRONT ACCESS™ series of batteries. The TEL12-105FNS and the TEL12-115FN expand the product family to six models designed to global standards. Click here for the full story

C&D Technologies Announces Date For the First Quarter Financial Results Release and Conference Call

May 26, 2010 -- In conjunction with C&D Technologies, Inc.’s (NYSE: CHP - News) first quarter financial results announcement, members of the public are invited to listen to the company’s live conference call broadcast via the internet on Tuesday, June 8, 2010 at 10:00 a.m. (Eastern Daylight Time). Click here for the full story

C&D Technologies Receives Notice Regarding NYSE Listing

May 3, 2010 -- C&D Technologies, Inc. (NYSE: CHP - News), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply (UPS) systems, utility and other high reliability applications, today announced it has been notified by the New York Stock Exchange (the “NYSE”) that it is no longer in compliance with the NYSE’s continued listing standards. Click here for the full story

C&D Technologies Announces Closing of Amendment to Credit Facility

April 20, 2010 --On April 20, 2010, the Company (NYSE: CHP) completed an Amendment to its Credit Agreement. The Amendment increased the total size of the credit facility to $75 million by the addition of a $20 million term loan tranche. Click here for the full story

C&D Technologies Announces Time For Supplemental Conference Call Regarding Fiscal Year 2010 Financial Results

April 20, 2010 / -- Due to a technical issue during C&D Technologies, Inc’s. (NYSE: CHP - News) conference call held this morning at 9:00 a.m. to discuss financial results for the company’s fiscal year 2010, Investors were not able to ask questions during the question and answer period.  Accordingly, C&D has scheduled a continuation of the conference call for later today, Tuesday, April 20, 2010 at 2:00 p.m. (Eastern Standard Time) Click here for the full story

C&D Technologies, Inc. Reports Preliminary Fiscal 2010 Fourth Quarter and Full Year Results

April 19, 2010 C&D Technologies, Inc. (NYSE: CHP), a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply ("UPS") systems, energy generation and transmission infrastructure, and other high reliability applications, today announced preliminary financial results for its fiscal 2010 fourth quarter and year ended January 31, 2010. Click here for the full story

C&D Technologies Announces Date For Fiscal Year 2010 Financial Results Release and Conference Call

April 15, 2010 / -- In conjunction with C&D Technologies, Inc. (NYSE: CHP - News), Fiscal Year 2010 financial results announcement, members of the public are invited to listen to the company’s live conference call broadcast via the internet on Tuesday, April 20, 2010 at 9:00 a.m. (Eastern Standard Time). Click here for the full story

C&D Technologies Awarded Contract for Development of Large-Format Lithium-ion Batteries

January 5, 2010 -- C&D Technologies, Inc. (NYSE: CHP-News), a leading producer and marketer of batteries, battery systems and integrated standby power systems, today announced that the company has been awarded a contract by the US Army for the development of large-format lithium-ion battery systems. Click here for the full story