Axion Power(TM) to Present at the Sixth Annual Piper Jaffray Clean Technology & Renewables Conference on January 12


NEW CASTLE, Pa., Jan. 5, 2011 - Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, today announced that it will present at the upcoming Piper Jaffray Sixth Annual Clean Technology & Renewables Conference, to be held January 12, 2011, at The Westin New York at Times Square in New York City.

Axion Power Chief Executive Officer Thomas Granville is scheduled to present on Wednesday, January 12, 2011 at 3:30 p.m. ET in the Gershwin Room (4th Floor) and will discuss the products, customer base and addressable market, as well as the competitive landscape of the Company.

More information on the Piper Jaffray Sixth Annual Clean Technology & Renewables Conference can be found at: http://www.piperjaffray.com/2col_largeleft.aspx?id=365.

About Axion Power International, Inc.

Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

Axion Power International, Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes this new battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world utilizing Axion's proprietary carbon electrodes. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.

For more information, visit www.axionpower.com

Contacts

Axion Power International Inc.

Thomas Granville, CEO

(724) 654 9300

Allen & Caron Inc

Rudy Barrio (Investors)

r.barrio@allencaron.com

(212) 691-8087

Len Hall (Media)

len@allencaron.com

(949) 474-4300

SOURCE Axion Power International, Inc.

Web Site: www.axionpower.com

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