iQ Power To Showcase Smart Energy Management at Discovery Expo in New York, October 23

German firm introduces micro electronics to monitor battery conditions for automotive battery systems.

Published: 25-Oct-2000

MUNICH, Germany/VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 20, 2000-- iQ Power Technology Inc. (OTCBB:IQPR) will be showcasing its company and technology at the Discovery Expo investment show in New York.

The Expo is an opportunity for iQ Power executives to meet face to face with key investment community players with a particular interest in emerging equities.

IQ Power views the exposition as an excellent opportunity to review with the investment community its participation in the Daimler Chrysler "Powertrain of the Future" concept featured at the recent IAA International Motor Show in Frankfurt, Germany.

For further information on the IAA Motor Show and iQ Power, please visit www.iqpower.com.

About iQ Power Technology Inc.

IQ Power Technology Inc. is engaged in the development and commercialization of advanced next generation lead-acid battery technology that incorporates internal micro-electronics to monitor and control the environment and operation of the battery as part of an integrated automotive system. This technology, developed by iQ's German subsidiary, iQ Battery Research and Development GmbH/Munich, is a self monitoring SMART battery that is lighter, smaller, more powerful and longer lasting, that recharges up to six times faster and is less susceptible to adverse (severe hot/cold) weather conditions. The iQ technology supports next-generation 42-volt on-board networks in tomorrow's cars and creates new opportunities for alternative drive vehicles such as hybrid or zero-emission vehicles.

For further information about iQ Power Inc., please visit www.iqpower.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risk and uncertainties which may cause the actual results or objectives to be materially different from those expressed or implied by such forward-looking statements. Such factors include among other things, the Company's financial performance; changes in the competitive environment; adverse changes in the economy; ability to maintain long term relationships with customers; and financing requirements.

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