AccelRate Appoints Additional Distributor in the U.S.
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Vancouver, BC - February 1, 2007 - AccelRate Power Systems, the technology leader in fast charging, and the sole manufacturer of "High-Speed" battery chargers for the motive power industry, announced today the expansion of its dealer network into the U.S. by the appointment of a new full service stocking distributor, Hyster New England.
With four facilities and more than 260 full time employees, Hyster New England has become today not only the largest company of its kind in New England by a factor of nearly two, but also one of the largest Hyster dealerships in the United States. Hyster New England's motto, "We Deliver Productivity", is perfectly aligned with their introduction of the state-of-the-art AccelRate product line of High-Speed Chargers and accessories.
Hyster New England services materials handling customers in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, and AccelRate Power Systems is looking forward to a long and mutually beneficial relationship.
About AccelRate:
AccelRate's proprietary charging technology functions effectively with batteries of all conventional chemistries and sizes in industrial and transportation applications. AccelRate's technology provides customers with up to 80% decreased charging time, increased battery lifetime due to improved heat management, and decreased energy use.
AccelRate Power Systems Inc. is headquartered in Vancouver, B.C. AccelRate's shares trade on the TSX Venture Exchange (symbol APS), and on the Frankfurt Exchange (symbol KCG).
For further information contact:
Reimar Koch,
President and CEO,
(604) 688-8656,
Email: info@accelrate.com
Website: www.accelrate.com
