Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems to customers in the government, defense and commercial sectors worldwide. The company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom engineered systems. The company sells its products worldwide through various trade channels, including original equipment manufacturers (OEMs), industrial and defense supply distributors and directly to the U.S. and international defense departments. The company’s brands include Ultralife Batteries, Lithium Power, McDowell Research, AMTI, and ABLE brands. Segments The company operates through two segments, Battery & Energy Products and Communications Systems. Battery & Energy Products This segment manufactures and/or markets a family of lithium manganese dioxide, lithium manganese dioxide carbon monofluoride hybrid, and lithium thionyl chloride non-rechargeable batteries, including 9-volt, HiRate cylindrical, ThinCell, and other form factors. Applications for the company’s 9-volt batteries include smoke alarms, wireless security systems and intensive care monitors, among various other devices. The company’s HiRate and ThinCell lithium non-rechargeable batteries are sold primarily to the military and to OEMs in industrial markets for use in various applications, including radios, emergency radio beacons, search and rescue transponders, pipeline inspection gauges, portable medical devices and other specialty instruments and applications. Military applications for the company’s non-rechargeable HiRate batteries include man-pack and survival radios, night vision devices, targeting devices, chemical agent monitors, and thermal imaging equipment. The company’s lithium thionyl chloride batteries, sold under its ABLE and Ultralife brands, as well as a private label brand, are used in various applications, including utility meters, wireless security devices, electronic meters, automotive electronics, and geothermal devices. The company markets lithium ion rechargeable batteries comprising cells manufactured by qualified cell manufacturers. Its rechargeable products could be used in various applications, including communications, medical, and other portable electronic devices. The company’s Multi-Kilowatt Module lithium ion battery system is a large format battery utilizable for energy storage, battery back-up, and remote power applications. The company’s non-rechargeable products include the following product configurations: 9-Volt Lithium Battery: The company’s 9-volt lithium battery delivers a combination of the available energy density and stable voltage. The company markets its 9-volt lithium batteries to OEM, distributor, and retail markets, including industrial electronics, safety and security and medical. Typical applications include smoke alarms, wireless alarm systems, bone growth stimulators, telemetry devices, blood analyzers, ambulatory infusion pumps and parking meters. The company also manufactures its 9-volt lithium battery under private label for various companies. Additionally, the company sells its 9-volt battery to the consumer market through national and regional retail chains and Internet retailers. Cylindrical Batteries: The company markets a range of cylindrical non-rechargeable lithium cells and batteries in various sizes under both the Ultralife HiRate and ABLE brands. These include: D, C, 5/4 C, 1/2 AA, 2/3 A and other sizes, which are sold individually, as well as packaged into multi-cell battery packs, including the company’s major BA-5390 military battery. The company markets its line of lithium cells and batteries to the OEM market for commercial, defense, medical, asset tracking and search and rescue applications, among others. Major commercial applications include pipeline inspection equipment, automatic reclosers and oceanographic devices. Asset tracking applications include RFID (radio frequency identification) systems. Among the defense uses are manpack radios,
(ULBI:Consolidated Issue listed on NASDAQ Global Market)
2000 Technology Parkway
Newark, NY 14513
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