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April 27, 2015 12:23 AM ET

Electrical Equipment

Company Overview of Valence Technology Inc.

Company Overview

Valence Technology, Inc. develops, manufactures, and sells energy systems utilizing its proprietary phosphate-based lithium-ion technology primarily in the United States and Europe. The company primarily offers U-Charge energy storage system, a family of products based on proprietary lithium iron magnesium phosphate technology; and custom lithium phosphate energy storage systems. Its products are used for various applications, such as all-electric and hybrid personal transporters, commercial fleet delivery vehicles, mass transit buses, floor cleaners, forklifts, medical carts, defibrillators, wheelchairs, robotics, hybrid yachts, and ocean going tug boats, as well as for back-up power applic...

12303 Technology Boulevard

Suite 950

Austin, TX 78727

United States

Founded in 1989

340 Employees

Phone:

512-527-2900

Fax:

512-527-2910

Key Executives for Valence Technology Inc.

Chief Executive Officer, President and Director
Age: 63
Acting Chief Financial Officer, Principal Accounting Officer and Corporate Controller
Vice President of Worldwide Operations
Age: 64
Vice President of Legal, General Counsel and Secretary
Age: 66
Chief Technology officer
Age: 69
Compensation as of Fiscal Year 2014.

Valence Technology Inc. Key Developments

Valence Technology Files Form 15

Valence Technology, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, $.001 par value under the Securities Exchange Act of 1934, as amended.

Randall J. Adleman Resigns from Valence Technology Inc. as Vice President of Sales and Marketing, Effective November 30, 2013

On October 31, 2013, Randall J. Adleman, Valence Technology Inc’s Vice President of Sales and Marketing, resigned his employment effective November 30, 2013.

Valence Technology Announces Multimillion Dollar Purchase Order from Wrightbus for Use in Hybrid Buses

Valence Technology Inc. announced it has received a purchase order valued at $12 million from Wrightbus, for batteries to be delivered through 2015. The company has been selected as the battery supplier of choice for Wrightbus's range of hybrid vehicles. Wrightbus will deploy the company's patented and proprietary lithium iron magnesium phosphate batteries to power these vehicles.

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