Wednesday, 20 July 2011 10:24 PM
Toronto, Ontario
Canada, July 20, 2011 (TheNewswire.ca) -- Pure
Energy Visions Corporation (PEV - TSX Venture) (XYQ - FWB), ("PEV" or
"Pure Energy"), and PureEnergy Solutions, Inc., (PES) are pleased to
announce the introduction of new 6 and 12 volt rechargeable alkaline (RAMcell)
battery packs. The new packs target a number of
applications including emergency lighting, security systems, back-up power and a
variety of LED lighting products.
Most of
these devices currently use sealed lead acid (SLA) or Nickel Cadmium (NiCd) rechargeable
batteries. RAMcell packs have several
advantages over these batteries including higher capacity and longer run times,
reduced weight, superior shelf life for improved stand-by capability, and they
are maintenance free. Furthermore,
RAMcell’s do not contain heavy metals.
Compared to a 6 volt 2.6 Ah SLA battery that weighs 536 grams a RAMcell 6
volt pack provides up to 8 Ah at a weight of 468 grams. RAMcells are
manufactured in a charged state and hold their charge for 7 years where as SLA
batteries have a shelf life of approximately 1 year and NiCd have a shelf life
of less than 6 months.
“With the recent
success of our 12 volt battery pack in hand-held LED spot lights we believe our
new packs will be well received internationally,” said Phil Sustronk, PES’s
CEO. “We offer the market place a cost
effective, high performance and environmentally superior alternative.”
In recent
weeks the issue of lead poisoning in China has been well documented, with
hundreds of SLA plants being temporarily shut down in relation to a number of
confirmed lead poisoning cases in the country. Due to the use of toxic cadmium,
NiCd batteries have been banned in Europe for all but a few applications.
According
to Freedonia world-wide shipments of rechargeable batteries totaled over US$49
billion in 2007 and is expected to grow to more than $86 billion by 2017. In
2007, approximately, 70% of these batteries were SLA batteries.
About Pure Energy
Visions Corporation
Pure Energy Visions
Corporation is an investment holding company with its principal investment in
Pure Energy Solutions, Inc.
About PureEnergy
Solutions, Inc.
PureEnergy Solutions,
Inc. is a Boulder, CO-based company that is revolutionizing power delivery to
portable electronic devices through its branded WildCharge™ wire-free power
technology and its environmentally responsible rechargeable battery products sold
under private label and under the PureEnergy™ brand. PureEnergy Solutions is
the first company to offer commercially available wire-free charging technology that
works with multiple devices across multiple brands. It is the only battery
company in North America to receive the EcoLogo certification for its
leadership in battery design. Through its Technology Licensing
Program and Mark of Interoperability, PureEnergy Solutions allows licensing
partners the ability to create and manufacture products that integrate highly
efficient, wire-free, technology into their products and bring those products
to market very quickly. PureEnergy Solutions enjoys a growing network of
licensing partners and distributors and its products are sold in over 12
countries. For
more information on PureEnergy Solutions products and licensing capabilities,
go to www.pureenergy.com
or for more information on investment opportunities with Pure Energy Visions
Corporation, go to www.pureenergybattery.com.
This news
release contains forward-looking statements. These statements are based on
current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially due to a number of
factors, including those discussed in the management discussion and analysis
section of our interim and most recent annual financial statements or other
reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulators, the parties’ ability to complete the transactions as
contemplated by the letter of intent and the anticipated benefits of the
transaction. All forward-looking statements made in this news release are made
as of the date hereof and we do not undertake any duty to update any
forward-looking statements herein.
The TSX
Venture Exchange has neither approved nor disapproved of the contents of this
press release, and does not accept responsibility for the adequacy nor accuracy
of this information.
# # #
Pure
Energy Visions Corporation Contact:
Stephen
Meldrum
905 707
9577, ext. 254