Valence Technology Inc. (Henderson, NV) announced that it has opened an office in Austin, TX, which will house the company’s sales, marketing, operations, systems engineering and finance functions as of August 1, 2001. This move is designed to centralize Valence’s business functions in Austin, while dedicating its existing Henderson, NV facility to the continued research and development efforts driving Valence’s next-generation energy solutions.
“Given its favorable market conditions and large talent pool, Austin presents a tremendous resource as we look to strengthen functional business areas within the company. Coupled with the strong research and development effort that will continue in Henderson, we are confident that this move will enable us to assemble a strong business team and promote continued technology innovations, both of which are critical in taking Valence to the next level of our development,” said Stephan B. Godevais, Valence Technology’s president and CEO.
