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EnerDel to Join Panel of Lithium-Ion Battery Leaders at Global Environmental Conference

March 13, 2008

INDIANAPOLIS – EnerDel, the advanced automotive battery systems division of alternative energy company Ener1, Inc., will participate in Globe 2008, a leading biennial environmental conference put on by the Globe Foundation that will for the first time dedicate a large segment to the future of the automotive industry and specifically the lithium-ion battery.

Globe 2008 will incorporate into the conference — which will gather thousands of corporate executives, government decision makers, and leaders of the environmental industry in Vancouver, Canada, on Mar. 12-14 — an event titled Auto FutureTech Summit 2008. The Summit will reflect the level of innovation occurring in the auto industry, which is engaged in a process of reinventing the automobile.

EnerDel CEO Ulrik Grape will participate in a 90-minute “arm-chair” discussion together with Compact Power, Inc. of Troy, Mich., and A123 Systems of Watertown, Mass., in a session titled “Lithium Batteries: The Game-Changing Green Car Technology.” The discussion will be moderated by lithium-ion technology expert Ann Marie Sastry, professor of Mechanical Engineering at the University of Michigan, Ann Arbour, Mich. 

Additional information about the conference can be found at www.globe2008.ca.

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