Rochester, NY 7/11/2009 12:01:05 AM
News / Finance

Afternoon Results - XIDE - Partnership with Advanced Movil Products Announced by Exide Technologies - Sourced WhisperFromWallStreet.com

Exide Technologies

Afternoon Results - XIDE - Partnership with Advanced Movil Products Announced by Exide Technologies - Sourced WhisperFromWallStreet.com

Exide Technologies,XIDE

3.36  -0.10 (-2.89%) 12:54pm ET

Exide Technologies announced that a new, exclusive partnership with Phoenix-based Advanced Mobil Products, LLC (AMP). AMP is developing a multi-national mobile battery replacement network of service providers within the United States and Canada. According to the terms of the five year agreement, the Company will supply AMP lead-acid automotive starting batteries for the mobile replacement marketplace. In turn, AMP will focus on developing and growing strategic relationships with customers throughout the United States and Canada.

Last Trade:      3.35                
Day's Range:    3.33 - 3.45
52wk Range:    1.83 - 16.22    
Volume:           289,077

ABOUT

Exide Technologies, together with its subsidiaries, engages in the manufacture and supply of lead acid batteries for transportation and industrial applications in the Americas, Europe, and internationally. The company operates in two segments, Transportation and Industrial Energy. The Transportation segment offers batteries, including ignition and lighting batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications. It offers batteries for the transportation market under the Centra, DETA, Exide, Exide Extreme, Exide NASCAR Select, Orbital, Fulmen, and Tudor brands, as well as other private labels brands. The Industrial Energy segment offers batteries for motive power and network power applications, as well as offers a range of battery chargers and related equipment for the operation and maintenance of battery-powered vehicles.
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