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Exide Announces Strategic Partnership With Comab to Produce and Service Industrial Batteries for Brazil Market



Exide Announces Strategic Partnership With Comab to Produce and Service
Industrial Batteries for Brazil Market

MILTON, Ga., March 22, 2013 (GLOBE NEWSWIRE) -- Exide Technologies (Exide do
Brasil) is pleased to announce that it has established a strategic partnership
in Brazil with Comab (COMAB INDÚSTRIA, COMÉRCIO E MANUTENÇÃO DE BATERIAS LTDA
– EPP) to produce and service Motive Power industrial batteries. These
products will be sold and distributed primarily to the electric fork lift
truck and markets in Brazil.

Under this new arrangement, battery production and assembly processes will be
completed at Comab's facility in Mogi das Cruzes (outside Sao Paulo) Brazil.
Exide will supply the materials, processes and technology required for the
operation and Comab will provide the facilities and local management in
addition to after sales service support. Products will be sold and distributed
by GNB^® Industrial Power, a division of Exide Technologies, under its world
leading brands. These products will be available in late 2013.

"We are very excited to be establishing this operation with Comab in Brazil.
This expanded relationship will allow us to participate in a very dynamic and
growing marketplace, to provide products and service solutions to many of our
global OEM customers who are operating there, and to pursue new
opportunities," said Paul Hirt President, Exide Americas. "Comab has been a
quality service provider to GNB Industrial Power in Brazil for some time. Our
strong relationship and Comab's local market expertise should lead to a long
and successful relationship."

"Exide's outstanding products, brands and global market presence combined with
Comab's established high quality service offering makes this partnership a
strong fit to meet the demands of the growth in the Brazilian industrial
battery market," added Fernando Pessoa, President of Comab.

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the
world's largest producers and recyclers of lead-acid batteries. The Company's
four global business groups – Transportation Americas, Transportation Europe
and Rest of World, Industrial Energy Americas and Industrial Energy Europe and
Rest of World – provide a comprehensive range of stored electrical energy
products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive,
heavy-duty truck, agricultural and marine applications, and new technologies
for hybrid vehicles and automotive applications. Industrial markets include
network power applications such as telecommunications systems, electric
utilities, railroads, photovoltaic (solar-power related) and uninterruptible
power supply (UPS), and motive-power applications including lift trucks,
mining and other commercial vehicles.

About Comab

COMAB was founded in 1994 with the goal to provide outstanding service and to
support the sales of motive and network power batteries and is based in Mogi
das Cruzes, Brazil.

CONTACT: MEDIA CONTACT:
        
         Susan Jaramillo
         Exide Technologies
         203/699-9133 phone
         860/922-1279 cell
         susan.jaramillo@exide.com
        
         INVESTOR CONTACT:
        
         Carol Knies
         Senior Director of Investor Relations
         Exide Technologies
         678/566-9316 phone
         carol.knies@exide.com

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