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Ultralife Acquires Stationary Power Services and Reserve Power
Newark, NY — Ultralife Batteries, Inc. (NASDAQ: ULBI) has completed the acquisitions of Stationary Power Services, Inc., and Reserve Power Systems, Inc. According to the company, the acquisitions serve to broaden its addressable market for rechargeable power solutions to include the highly attractive standby power market and to advance its strategy of becoming a value-added provider of power solutions, accessories and engineering services.

The company expects to leverage Stationary Power Services' reputation for reliable standby power systems and established customer relationships, in an effort to capture opportunities in the standby power market as investment in telecommunications, utility and transportation infrastructure grows.

For more information, contact: Ultralife Batteries, Inc., 2000 Technology Parkway, Newark, NY 14513 800-332-5000 or 315-332-7100 fax: 315-331-7800 Web: http://www.ultralifebatteries.com

 
 
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