Axion Power(TM) at the Kaufman Bros Third Annual Green Technology Conference on March 8


NEW CASTLE, Penn., March 1, 2011 - Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, announces that it was invited to participate in a panel discussion at the 3rd Annual Kaufman Bros Green Technology Conference which will take place on Tuesday, March 8 at the Boston Harbor Hotel, 70 Rowes Wharf, Boston, MA.

Thomas Granville, CEO of Axion Power, will provide a brief update on Axion and then will represent the company on the Energy Storage Solutions Panel Discussion planned for Tuesday, March 8 at 12:15 pm ET in the North Atlantic Room located on the second floor.

More information on the Kaufman Bros Green Technology Conference can be found at: http://www.kbro.com/Home/tabid/37/ctl/Details/Mid/482/ItemID/299/Default.aspx?selecteddate=3/8/2011

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

SOURCE Axion Power International, Inc.

CONTACT: Thomas Granville, CEO of Axion Power International Inc, +1-724-654-9300; or Investors, Rudy Barrio of Allen & Caron Inc, +1-212-691-8087, r.barrio@allencaron.com, or Media, Len Hall, +1-949-474-4300, len@allencaron.com

Web Site: www.axionpower.com

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