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

Contact:

Korsair Holdings AG
Poststrasse 10
6060 Sarnen
Switzerland
CEO Steven Huynh
E-Mail: [email protected]
Internet: www.korsairholdings.com

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
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
In the fast-paced advances and popularity in cloud technology, one of the most critical factors revolves around concerns for security of your critical data. How to assure both your company and your customers they can confidently trust and utilize your cloud environment is most often top on the list. There is a method to evaluating and providing security that exceeds conventional modes of protecting data both within the cloud as well externally on mobile and other devices. With the public failure...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intellige...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
The session is centered around the tracing of systems on cloud using technologies like ebpf. The goal is to talk about what this technology is all about and what purpose it serves. In his session at 21st Cloud Expo, Shashank Jain, Development Architect at SAP, will touch upon concepts of observability in the cloud and also some of the challenges we have. Generally most cloud-based monitoring tools capture details at a very granular level. To troubleshoot problems this might not be good enough.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In their Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, and Mark Lav...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.