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Ultralife Receives $4.4 Million in Military Battery Orders

NEWARK, N.Y.--(BUSINESS WIRE)--Jan. 28, 2008--Ultralife (NASDAQ: ULBI) has received orders worth a combined value of approximately $4.4 million from the U.S. Defense Department for its BA-5390 with state-of-charge indicator and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin this quarter and be completed in the third quarter.

About Ultralife

Ultralife, which began as a battery company, now offers products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.

Ultralife's family of brands includes: Ultralife Batteries, Stationary Power Services, Reserve Power Systems, ABLE, McDowell Research and Innovative Solutions Consulting. Ultralife's operations are in North America, Europe and Asia. For more information, visit www.ulbi.com.

This press release may contain forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: Worsening global economic conditions, increased competitive environment and pricing pressures, disruptions related to restructuring actions and delays. Further information on these factors and other factors that could affect Ultralife's financial results is included in Ultralife's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K.

CONTACT: Ultralife Batteries, Inc.
Pete Comerford, 315-332-7100
pcomerford@ulbi.com
OR
Investor Relations:
Lippert/Heilshorn & Associates, Inc.
Jody Burfening, 212-838-3777
jburfening@lhai.com

SOURCE: Ultralife



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