Welcome!

News Feed Item

Korsair Holdings to Design and Market High-Tech LFP Accumulators

BERLIN -- (Marketwire) -- 02/05/13 -- Korsair Holdings AG (BERLIN: NOM), a technology and development company specializing in green technology investments and renewable energy projects, announces that it has entered into a partnership to design and market High-Tech accumulator devices under the name RUCELL. The new and highly competitive product line of high-capacity accumulators and accumulator systems is based on Lithium Ferro Phosphate (LFP) and will be designed particularly for the use in "green energy" related projects. The primary markets for Korsair to promote and sell the LFP accumulators will be in Europe and Africa.

The LFP accumulators are manufactured at a recently completed state of the art $400 million plant with total annual capacity of in excess 1 Giga watt located in Russia. The LFP-based accumulator technology, which will be used in the future Korsair accumulator product lines, has been developed by a Chinese-Russian Joint Venture in close cooperation with engineering teams, scientists and universities. LFP storage technology is the most advanced large-scale rechargeable accumulator technology today, offering unprecedented power density and operating temperature range without safety concerns. LFP accumulators offer even further advances, such as up to 25-year life cycle, over 3,000 charge cycles and rapid 20 minute charge time to 85% capacity, as well as 20 minute discharge time.

According to Steven Huynh, CEO of Korsair, "Being able to offer these High-Tech LFP accumulators to our customers would allow Korsair to provide a complete package of products and services to our customer reflecting progress made in our business plan that calls for bringing together technology, finance, and expertise in the alternative energy, waste energy, clean energy, clean water, clean air and other green technologies."

Mr. Huynh further commented, "We will be starting to design different devices of the LFP accumulators in order to offer and provide world class LFP accumulators to the particular needs of customers in Europe and Africa. LFP accumulators are used in a number of fields from transportation to solar and wind power generation, to auxiliary power storage and UPS systems."

About Korsair Holdings AG,
Korsair Holdings AG is a technology holding company managed by an international development group focusing on environmental and technical infrastructure projects related to renewable energy and green technologies. We are an entrepreneurial, market-focused, process-oriented group with a global thinking and acting. By combining environmental innovations with creative management and proven industrial leadership, Korsair Holdings AG strives to stay in the forefront of the green technology business.

Disclaimer; Forward-Looking Statements:
This or any other statement from KORSAIR HOLDINGS AG or any of its subsidiaries or its representatives contains forward-looking statements that are based on assumptions and estimations of KORSAIR HOLDINGS AG. Words such as "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project, "should" and "will" and similar expressions identify such forward-looking statements. Even though the management of the company believes that these assumptions and estimations are appropriate, actual results may differ substantially from such assumptions and estimations caused by various factors. These factors may include a change of the macroeconomic environment, of regulations in the business areas, in which KORSAIR HOLDINGS AG is active, changing license and partnership agreements as well as the general and particular legal framework. These forward-looking statements speak only as of their dates and have been reasonable at that time. KORSAIR HOLDINGS AG undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from KORSAIR HOLDINGS AG or any of its subsidiaries or its representatives does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of Korsair Holdings AG in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like KORSAIR HOLINGS AG, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
We’ve been doing it for years, decades for some. How many websites have you created accounts on? Your bank, your credit card companies, social media sites, hotels and travel sites, online shopping sites, and that’s just the start. We do it often without even thinking about it, quickly entering our personal information, our data, in a plethora of systems. Sometimes we’re not even aware of the information we are providing. It could be very personal information (think of the security questions you ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...