11.05.2018 – 14:38

LION E-Mobility AG

DGAP-News: LION E-Mobility AG: LION Smart expands product portfolio

DGAP-News: LION E-Mobility AG / Key word(s): Product Launch/Strategic Company
Decision
LION E-Mobility AG: LION Smart expands product portfolio

11.05.2018 / 14:32
The issuer is solely responsible for the content of this announcement.

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Baar, Switzerland - May 11, 2018 - LION E-Mobility AG is pleased to announce
that its 100% subsidiary LION Smart GmbH is expanding its product portfolio in
the field of battery management systems. The two new products LLVS for low
voltage applications and LMM18 - an implementation of the brand-new LTC6813 from
Analog Devices/ Linear Technology - have completed important milestones in the
development process.

The LLVS opens up additional fields of applications and business segments: The
new system covers low-voltage applications - especially 48V and 72V applications
- with requirements for compact size and packaging under optimized costs.

As an implementation of the brand-new LTC6813, the new LMM18 will be used to
operate battery systems with an increased number of cells per module and thus
follows an ongoing trend in battery development. Due to the close development
cooperation with Linear Technology and Analog Devices an early implementation
before the start of series production at the chip manufacturer and thus a
significant time advantage was achieved.

"The two new products extend our product portfolio for current and future market
developments. Due to multiple customer requests and based on the results of our
internal market analysis, development began over a year ago and we are now
pleased to have passed important milestones. The further development is now
focused on product validation to allow for a large-scale usage," says Tobias
Mayer, Managing Director of LION Smart GmbH.

Further technical details of the products will be published in the coming weeks.


About LION E-Mobility AG:
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly in the
field of electric energy storage as well as battery pack development and
management. The Company holds 100% of the German LION Smart GmbH, a development
and engineering company specialized on custom designed battery packs and
battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV
SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned
TÜV SUED AG. Members of the Board of Directors are: Mr. Daniel Quinger
(President of the Board), Mr. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and
Mr. Martin Specht. The Management of LION Smart GmbH consists of Mr. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery
Testing GmbH is Mr. Christian Theeck. For more information please visit our
homepage: www.lionemobility.com
 
About LION Smart:
LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like lithium
batteries and integration into the specific vehicle concept LION Smarts
engineers have a very high level of expertise. LION Smart carries out its own
research program in the field of lithium-ion technology and has filed two
patents in the past twelve months.
 
Disclaimer:
This presentation contains forward-looking statements that involve a number of
risks and uncertainties, including statements that relate to, among other
things, the Company's objectives, goals, strategies, intentions, plans, beliefs,
expectations and estimates, and can generally be identified by the use of words
such as "may", "will", "could", "should", "would", "likely", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the
negative thereof) and words and expressions of similar import. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, such statements involve risks and uncertainties, and
undue reliance should not be placed on such statements. Certain material factors
or assumptions are applied in making forward-looking statements, and actual
results may differ materially from those expressed or implied in such
statements. Important factors that could cause actual results to differ
materially from expectations include but are not limited to: general business
and economic conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal and
regulatory proceedings; the ability to adapt products and services to the
changing market; the ability to attract and retain key executives; and the
ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking statements
contained in this presentation, whether as a result of new information, future
events or otherwise, except as required by law.
 
Investor Relations Contact:
Mr. Walter Wimmer
Email:  ir@lionemobility.de
http://www.lionemobility.com
 
LION E-Mobility AG
Lindenstrasse 16
6340 Baar
Switzerland
 

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11.05.2018  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English

Company:  LION E-Mobility AG

          Lindenstraße 16

          6340 Baar

          Switzerland

Phone:    +41 (0)41 500 54 11

Fax:      +41 (0)41 500 54 12

E-mail:    info@lionemobility.de

Internet: www.lionemobility.com

ISIN:     CH0132594711, CH0132594711

WKN:      A1JG3H  , A1JG3H

Listed:   Regulated Unofficial Market in Frankfurt, Hamburg, Munich (m:access)



 

End of News DGAP News Service

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