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| NASD:EEEI $1.26 - 0.19 | Aug 19, 2008 3:56 PM ET |
Corporate Overview
Electro Energy Inc. (EEI) (NASDAQ:EEEI) is an engineering, technology and manufacturing organization, dedicated to meeting customer needs with advanced battery technologies and associated systems.
EEI was founded in 1992 to focus on development and commercialization of a patented concept for a bipolar nickel-metal hydride rechargeable battery (BP Ni-MH). EEI technology provides superior performance in energy capacity, size and weight versus competitors. EEI has developed and owns both the patented design of BP Ni-MH batteries and the patented production process for their manufacture.
EEI has produced and delivered prototype BP Ni-MH batteries for the U.S. Army (field radios and silent watch applications), NASA (satellites), Partnership for a New Generation Vehicle (hybrid vehicles), NAVAIR and U.S. Air Force (F-18 and F-16 aircraft), National Institute of Health (NIH) (heart assist pumps), and the Department of Energy (distributed energy and power quality).
EEI also produces Super Ni-Cd batteries for mission critical applications in U.S. Government satellite systems, and military aircraft such as the B-52, B-1, and Cobra Helicopters.
EEI has over 50 employees at three locations in the U.S. EEI holds eight U.S. and five foreign patents, with additional worldwide filings in process.