Express Charger

Reading, PA - May 26, 2004: EnerSys, a world leader in stored energy solutions, announced today a strategic partnership with Aker Wade Power Technologies, LLC to offer state-of-the-art fast charge batteries and chargers for lift trucks and other motive power applications.

Aker Wade CEO, Bret E. Aker explained the partnership's benefits, "We believe a strong
partnership between our advanced technology company and a well established sales and service organization will provide customers with outstanding, high quality fast charging solutions that consistently work in the field."

EnerSys Executive Vice President, John Shea believes Aker Wade is the perfect fit, “After extensive evaluation of the fast charging market, we are confident that Aker Wade not only has the most advanced technology, but has also proven itself in the field. EnerSys is proud to offer the material handling industry yet another solution for its motive power needs.”

Aker Wade President, John Aker notes that the partnership enables Aker Wade and EnerSys to reach all segments of the market. "Currently, Aker Wade converts one to two manufacturing plant facilities per month for two to three shift, high demand fast charging applications. This alliance allows us to meet the current needs of the market and expand our horizons as the market grows."

Using Insulated Gate Bipolar Transistor (IGBT), power electronics technology, the Aker Wade fast charger has the highest efficiency and power factor on the market today. The technological benefits include: higher labor productivity, greater safety and a high battery state of charge that reduces motor wear. Operating costs are further reduced with the elimination of a facility's battery room. The fast charger has a modular design ensuring nearly zero service downtime. Additionally, it is the only fast charger to work with or without a battery module ID, allowing any battery to charge on any charger. The ROI is about one year, with savings equaling approximately $10,000 per vehicle per year.

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Aker Wade is a supplier of advanced fast charging systems for forklift applications in the material handling industry. Aker Wade designs, manufactures and services fast chargers, as well as educates the public on fast charging technology. Aker Wade is headquartered in Charlottesville, Virginia. Call 434.975.6001 or visit www.akerwade.com for more information.

EnerSys is one of the world's largest industrial battery companies offering a broad line of batteries and chargers for electric lift trucks, ground support equipment, mining equipment and AGVs. EnerSys has been designing, testing, building and servicing batteries since 1888, offering Exide Ironclad and General Battery brand batteries and chargers. Call 610-208-1921 or visit www.enersysmp.com for more information.

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