Indianapolis-based EnerDel Inc. has announced a battery supplier agreement with the City and County of Honolulu, Hawaii. The deal involves eight replacement packs that will be delivered later this year. June 18, 2014

News Release

INDIANAPOLIS, Ind. – EnerDel Inc., a leading supplier of advanced lithium-ion batteries, will furnish and deliver eight (8) PP320-689-LP Vigor+ Low-Profile Energy Storage Systems (ESS) to the City and County of Honolulu, Department of Transportation Services for installation into OTS diesel-hybrid buses.

An EnerDel demonstration pack has operated in regular passenger service for several months on the tropical island of Oahu. The additional eight packs are targeted for delivery in Q3 this year and will initiate ESS upgrades for the OTS fleet, giving new life to the transit authority's New Flyer 40 foot Low Floor Diesel (Cummins ISL) Allison H40 EP Hybrid coaches. EnerDel released the PP320-689-LP Vigor+ in May 2014 for commercial use. The purpose-built Vigor+ offers Public Transit Authorities a cost effective direct replacement alternative to OEM solutions.

“We are excited to have been selected as the next generation ESS supplier for OTS, and proud to have demonstrated our product capability in this environmentally demanding territory,” said Tomasz Poznar, EnerDel's VP of Transportation Sales. “Our Lithium Ion ESS solution provides significant technical advantages, favorable cost and enhanced warranty terms over NiMH ESS offerings, ultimately increasing value for OTS and other Public Transit Authorities across North America.”

About EnerDel, Inc.

EnerDel, Inc. is a privately-held company headquartered in Indianapolis. It manufactures advanced, lithium-ion batteries and energy storage systems for electric grid, transportation and industrial applications. The company’s prismatic cell design and modular stacking architecture combine to provide customers with production-ready solutions that address their power and energy storage needs. EnerDel offers its customers the opportunity to receive a guaranteed residual value (GRV) on new energy storage or battery systems of up to 25 percent, which can be used toward the purchase of new or replacement systems. For additional information, visit www.EnerDel.com.

Source: EnerDel Inc.

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