Ultralife To Commence Shipments Under $6.7 Million Medical Cart Contract

Ultralife To Commence Shipments Under $6.7 Million Medical Cart Contract

NEWARK, N.Y., Dec. 23, 2013 (GLOBE NEWSWIRE) -- Ultralife Corporation
(Nasdaq:ULBI) announced today it has received final IEC certification for its
newly developed medical cart battery and intelligent power supply system and
will commence initial shipments this month under an expanded strategic
supplier agreement with Scott-Clark Medical, a leading provider of medical
carts. The original agreement called for shipments until May 2015; the
expanded agreement extends the term until September 2016 and increases the
initial contract value from approximately $1.6 million to $6.7 million.

Under the strategic supplier agreement, Scott-Clark Medical is combining
Ultralife's battery and intelligent power supply system with its own medical
carts for sales to hospitals and other medical institutions worldwide. It also
plans on marketing Ultralife's battery and intelligent power supply system to
other medical cart OEMs. Recently, Scott-Clark Medical signed a multi-year
contract with a tier-one medical cart OEM that specializes in upgrading
existing units in the field; shipments under this contract are expected to
begin in early 2014.

The battery and intelligent power supply system encompasses either one or two
hot-swappable, medical-grade lithium batteries and an innovative tilting
battery holster, and features the unique ability to charge the batteries on or
off the cart, which offers medical staff continuous mobile power and greater

"Over the past eighteen months, our new products engineering team has been
collaborating with the Scott-Clark team to develop a first-class flexible
solution with continuous mobile power to serve both new production and
retrofit opportunities in the medical cart industry. With their industry
knowledge and market access, Scott-Clark is an ideal partner to help us
quickly penetrate the market and realize these exciting new business
opportunities," said Michael D. Popielec, Ultralife's President and Chief
Executive Officer. "This technically advanced application of our
multi-kilowatt module platform is a clear demonstration of our strategy to
leverage the proven military-grade reliability of our batteries and chargers
to diversify our business into commercial markets. We look forward to the
revenue growth opportunities the new medical cart products and business
partner relationship will provide."

Richard Flynn, President of Scott-Clark Medical stated, "Ultralife's
engineering, design, and test capability coupled with their reputation as a
leader in the development of advanced battery technology solutions for
demanding applications led us to partner with the company to enhance the
initial power design we came to them with for our medical carts. Based on the
very positive feedback we received from customers who tested prototypes, we
decided to expand our relationship with Ultralife and we are confident that
the medical cart customers will embrace this new power supply technology.
Ultralife is proving to be a great choice for us to best serve this growing

About Ultralife Corporation

Ultralife Corporation serves its markets with products and services ranging
from portable 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

Headquartered in Newark, New York, the company's business segments include:
Battery & Energy Products and Communications Systems. Ultralife has operations
in North America, Europe and Asia. For more information, visit

About Scott-Clark Medical

Scott-Clark Medical, a leading provider of medical carts and mobile
workstations, remains instrumental in leading the development of products that
enable point-of-care information services in the medical arena. Through a
constant effort to improve and adapt Workstations on Wheels to the developing
requirements of healthcare, Scott-Clark sees to match useful products to
changing workflows.

The company's headquarters are in Galesburg, MI. For more information, visit

CONTACT: Company Contact:
         Ultralife Corporation
         Philip Fain
         (315) 210-6110
         Investor Relations Contact:
         Lippert Heilshorn & Associates
         Jody Burfening
         (212) 838-3777

Ultralife Corporation logo
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