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Highpower Provides Advanced Compact Rechargeable Lithium Battery Solutions for Use in New Timex Smartwatches

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Highpower International, Inc

466 Kato Terrace, Fremont, CA, 94539, USA

Original Press Release

Highpower Provides Advanced Compact Rechargeable Lithium Battery Solutions for Use in New Timex Smartwatches

Press release date: August 20, 2014

SAN FRANCISCO and SHENZHEN, China – Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that it started shipping its advanced compact lithium battery product developed for the newly introduced TIMEX® IRONMAN® ONE GPS+, a smartwatch offering consumers stand-alone wireless connectivity without a phone.

Mr. George Pan, Chairman and CEO of Highpower, commented, "Timex is an iconic watch brand. We are excited to work with Timex as a contributor to this innovative smartwatch technology. We feel that wearables represent an exciting area of growth for mobile devices, and smartwatches could provide a natural progression from current applications to help consumers further embrace wearable technology. We feel that our battery performance, seamlessness of services, and quality will allow us to compete for a proportionate market share of batteries for these products. Highpower is a flexible battery manufacturer capable of applying our expertise to a number of different markets, and this initial order is strong evidence that our product offering is gaining traction in the rapidly growing wearable device market."

The TIMEX® IRONMAN® ONE GPS+ will be available for purchase this fall at timex.com, att.com, ATT stores, select sports specialty and electronic stores.

About Highpower International, Inc.

Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. Highpower's target customers are Fortune 500 companies, and top 10 companies in each vertical segment. With advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou of China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.

SOURCE Highpower International, Inc.

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