Mar 23 2010
EcoloCap Solutions Inc. (OTC-BB: ECOS) today announced that Exponent Inc., one of the leading engineering and scientific firms in the U.S. with a team of 900 employees in 23 offices, has delivered test results for EcoloCap's Nano Lithium X Battery. The test results demonstrate that the Nano Lithium X battery technology in side by side comparisons, with existing published information has the world's highest energy density output per mass.
The battery technology has lowest total cost of production and sales price. The large capacity of the battery will allow for the fastest recharge time compared to any commercially-available battery.
Using a multidisciplinary approach involving electrical, mechanical, scientific, thermal and statistical analysis, the Nano Lithium X battery was extensively tested for its charge and discharge capabilities at 100 amps, 150 amps, 200 amps and 235 amps. Rigorous testing has concluded that the Nano Lithium X Battery performs even better than the company previously estimated, and represents a substantial improvement over existing lithium-ion batteries in terms of energy density, total cost, and recharge time.
“It is rewarding to see that our investment in developing the Nano Lithium X battery has come to fruition, and we are excited to generate substantial value for our shareholders,” said EcoloCap Solutions President and CEO Michael Siegel. “This battery is well-positioned to become a leader in key markets seeking high-performance batteries, including use in electric vehicles, golf carts, cellular towers and similar demanding applications.” He added.
Test results have concluded that the Nano Lithium X Battery is now proven to have:
- The highest energy density output of any commercially-available battery
- The fastest recharge time of any comparable commercial battery
- The lowest cost per energy output of any commercially-available battery
EcoloCap's advanced technology fills a void in the market for high-powered batteries at a low cost. The battery employs low levels of powdered Lithium, enabling it to be produced at a lower cost than all other types of lithium cells. At the same time, no other technology can match its performance. While typical lithium-ion batteries require hundreds or thousands of small milliwatt to single watt cells, EcoloCap's batteries are far more efficient and cost-effective, with each cell rated at 4.2 volts at 240 Ahr.