Valence and D&H Sign Vendor Agreement

June 24, 2003 by Jeff Shepard

Valence Technology Inc. (Austin, TX), a leader in the development and commercialization of Saphion™ technology and lithium-ion polymer rechargeable batteries, and D&H Distributing, a leading national computer products distributor, announced that they have reached an agreement to distribute Valence's N-Charge™ power system.

"D&H has a proven track record with its partners and an expansive distribution network to market segments that we feel are appropriate targets for our N-Charge product," stated Stephan Godevais, chairman and CEO of Valence. "We were seeking a distribution partner to help us penetrate certain markets and with its specialized and dedicated sales force, D&H was the right choice."