06.06.2018 – 10:22

LION E-Mobility AG

DGAP-News: LION E-Mobility AG: LION Smart GmbH signs development contract for battery platform

DGAP-News: LION E-Mobility AG / Key word(s): Contract
LION E-Mobility AG: LION Smart GmbH signs development contract for battery
platform

06.06.2018 / 10:15
The issuer is solely responsible for the content of this announcement.

--------------------------------------------------------------------------------
Baar, Switzerland - June 06, 2018 -LION E-Mobility AG is pleased to announce
that its 100%-subsidiary LION Smart GmbH signed a development contract for a
customer specific modular battery platform. The development contract is
scheduled over one year and is aimed at series production afterwards.
LION Smart is proud to demonstrate its competence and know-how in such an
endeavor: especially LION Smart's own battery management system (BMS) is one
core component of the development project.
 
"We see the application of our battery management system and of our competences
in a target-oriented development project as proof of a sustainable business
strategy of professional development towards series-production. We thank for the
confidence in us and are looking forward towards an exciting project", says
Tobias Mayer, CEO of LION Smart GmbH.

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,
Mr. Martin Specht and Mr. Michael Geppert. 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 GmbH:
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
--------------------------------------------------------------------------------
06.06.2018  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.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
--------------------------------------------------------------------------------

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

--------------------------------------------------------------------------------

692845  06.06.2018