Advance Battery Technologies Announces New Sales Initiative in the United States

May 10, 2007 by Jeff Shepard

Advanced Battery Technologies, Inc. announced today that it has entered into a sales, marketing and distribution agreement with JRH Marketing Company (based in Monrovia, California). The agreement covers sales and distribution of all Advanced Battery Technologies’ products in the United States. JHR Marketing has established a new division, CCT Power Company, to service this market including consumer electronics, motorized vehicles, and power tools.

Zhiguo Fu, Chairman & CEO of Advance Battery Technologies, commented, "This new initiative marks our first broad effort to sell our products in the United States. Our sales efforts heretofore have largely been concentrated in China and certain other Pacific Rim countries. We intend to vigorously enhance our sales efforts on a global basis." Fu further said that he was delighted to report this new initiative and expects other initiatives in the future.