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BRIEF-Ultracharge signed MoU with Leclanché SA

March 15 Ultracharge Ltd :

* MoU signed with battery energy storage supplier Leclanché SA

* Agreement signed with Leclanché SA to undertake a pilot project focused on electrical vehicle (EV) market

* Under terms, cos agreed to undertake a pilot project to evaluate Ultracharge TiO2 nanotube technology

* MoU does not preclude Ultracharge, nor Leclanché, from entering into agreements with any other party

* "Collaboration will create new opportunities in bringing advanced battery technology offerings to this emerging e- bus market"

* Parties looking to achieve scale manufacturing of high-cycling, and high energy density battery to meet needs of electrical vehicle battery markets Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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