C&D News

C&D Technologies Announces Introduction of New XTR Batteries for Mission-Critical UPS Applications

BLUE BELL, Pa., Aug. 23 /PRNewswire-FirstCall/ -- C&D Technologies, Inc. (NYSE: CHP) announced today that it has launched the new XTR(TM) battery for mission-critical uninterruptible power supply (UPS) applications.

"Over the last year, growth in the large 'mission-critical' data center segment of the UPS market has been very strong, driven by acceleration in the build-out of large new data centers in North America. With an approximate 20% annual growth rate over the last year and continuing momentum, these mission-critical UPS systems will consume over $60,000,000 in new battery units in 2006. C&D's newest UPS battery system, designated the XTR, provides more power in a smaller space by supplying twice as many cells per jar as our existing product. Floor space savings as high as 20%, combined with an 18% greater power density than competing battery systems, make this an exciting product offering to our customers," said Dr. Jeffrey Graves, President and Chief Executive Officer of C&D Technologies. "The XTR battery addresses over 50% of all mission-critical UPS applications we see for the future, and we anticipate that this product will have a positive impact on our participation in this fast growing market segment."

"The new XTR battery is part of the XT(R) Series of batteries built by C&D for over 25 years and is equipped with the same features that have established the C&D UPS battery as the number one in North America," indicated Leonard Kiely, Vice President and General Manager of the Power Systems Division. "Our initial feedback from end customers, consultants, and UPS OEMs has all been very positive, and we have already quoted several multi-million dollar jobs. We anticipate that orders for the new XTR battery will begin shipping in the fourth quarter of this year."

Forward-looking Statements:

This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934), which are based on management's current expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Factors that appear with the forward-looking statements, or in the company's Securities and Exchange Commission filings (including without limitation the company's annual report on Form 10-K for the fiscal year ended January 31, 2006, or the quarterly and current reports filed on Form 10-Q and Form 8-K thereafter), could cause the company's actual results to differ materially from those expressed in any forward-looking statements made herein.

About C&D Technologies, Inc.

C&D Technologies provides solutions and services for the switchgear and control (utility), motive (material handling), telecommunications, and uninterruptible power supply (UPS) as well as emerging markets such as solar power. C&D Technologies engineers, manufactures, sells and services fully integrated reserve power systems for regulating and monitoring power flow and providing backup power in the event of primary power loss until the primary source can be restored. C&D Technologies' unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. C&D Technologies is headquartered in Blue Bell, PA. For more information about C&D Technologies, visit http://www.cdtechno.com.

C&D(R) and XT(R) are registered trademarks of C&D Technologies, Inc.

SOURCE C&D Technologies, Inc.
-08/23/2006
CONTACT: Ian Harvie of C&D, +1-215-619-7835; or Joseph Crivelli of Gregory FCA, +1-610-642-8253, for C&D

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