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C&D News
C&D Technologies msEndur(TM) Battery Receives Telcordia SR-4228 Certification for Telecommunications Applications
BLUE BELL, Pa., Sept 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- C&D Technologies, Inc. (NYSE: CHP) announced today that it has been granted Telcordia SR-4228 certification on its msEndur brand battery for telecommunications applications. The Telcordia SR-4228 testing incorporates 111 different tests including electrical, chemical, environmental and physical testing of the batteries, setting a rigorous, independent standard for the telecommunications industry.
"We are proud that our msEndur battery is the first and only 2 volt - VRLA battery to successfully pass Telcordia SR-4228 testing and receive certification," said Dr. Jeffrey Graves, President and Chief Executive Officer for C&D Technologies. "Our telecommunications customers are demanding that backup batteries achieve a higher performance level demonstrated by the SR- 4228 testing. Reflecting the msEndur battery's outstanding performance and reliability, C&D has recently been awarded several multi-year contracts by large North American telecommunications companies in this $120M market segment. We anticipate that orders from the new contracts for msEndur battery systems will begin shipping in the fourth quarter of this year and will continue to drive the strong growth of the msEndur product line in the telecommunications market."
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:
C&D Technologies, Inc. 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. Through our Power Electronics Division, we manufacture and market custom, standard and modified-standard electronic power supply systems, including DC-to-DC converters, for large OEMs of telecommunications and networking equipment, as well as office and industrial equipment. The division also manufactures power conversion products sold into military and CATV applications as well as digital panel meters and data acquisition components. 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) is a registered trademark of C&D Technologies, Inc.
SOURCE C&D Technologies, Inc.
Ian Harvie of C&D, +1-215-619-7835, or Joseph Crivelli of Gregory FCA, for
C&D, +1-610-642-8253
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