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