Ultralife Batteries, Inc. Changes Name to Ultralife Corp.

WASHINGTON, Jun 12, 2008 (ASCRIBE NEWS via COMTEX) -- ULBI | Quote | Chart | News | PowerRating -- The change became effective on June 5. The company s stock symbol will remain ULBI.

The name change marks the evolution of Ultralife from a battery company to a diversified power and communications firm that encompasses standby and portable power solutions, communications and electronics systems, design and engineering services, and installation and maintenance.

The name change reflects the fact that we are no longer just a battery company and allows us to place emphasis on the strengths of our brands, which are the engines driving our growth, said John D. Kavazanjian, Ultralife s president and chief executive officer. We have moved well beyond our foundation of batteries and into new markets with both products and services. Ultralife Corp. embodies our family of brands representing the diverse collection of power solutions, communications systems and the wide range of services that bring value to our customers in the broadest sense possible.

Ultralife s Family of Brands includes:

- Ultralife Batteries. Advanced high-energy lithium non-rechargeable and rechargeable batteries and charging systems for a diverse range of portable applications in defense and commercial markets.

- Stationary Power Services. Infrastructure power management including engineering, installation and preventive maintenance of standby power systems, uninterrupted power supply systems, DC power systems and switchgear/control systems for the telecommunications, aerospace, technology, banking and information services industries.

- RPS Power Systems. Lead acid batteries, UPS systems, inverters, racks and accessories for use in the design and installation of standby power systems and other applications.

- ABLE. Value line of lithium non-rechargeable batteries for a diverse range of portable applications including: metering systems, automotive electronics, medical devices, security and asset tracking systems.

- McDowell Research. Advanced communications systems for military communications with products including: SATCOM-On-The-Move, tactical repeaters, power supplies, RF amplifiers, amplified speakers and case systems.

- RedBlack Communications. Engineering and technical services supporting the design, integration and fielding of mobile, modular and fixed-site communication and electronic systems.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

http://www.10meters.com

Comments on this story may be sent to newsdesk@closeupmedia.com

Morning Coffee with TradingMarkets -- Free Newsletter

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index