Exide Technologies Earns Recognition as a John Deere Partner-level Supplier

Exide Technologies Logo

MILTON, Ga., Feb. 18, 2014 (GLOBE NEWSWIRE) -- Exide Technologies (OTCQB:XIDEQ) (www.exide.com), a global leader in stored electrical-energy solutions, has earned recognition as a 2013 Partner-level supplier in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating.

As a supplier of lead-acid starting batteries for John Deere heavy-duty equipment, Exide was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. Exide's Dave Brown, Senior Director, Americas OEM/OES, Ellonyia Yenney, OE/OES Account Manager, Heavy Duty, and Michael Neverman, Materials and Distribution Manager at the Manchester facility, accepted the recognition today during formal ceremonies at the RiverCenter in Davenport, Iowa.

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support, and wavelength (a measure of responsiveness). John Deere Supply Management created the Achieving Excellence program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

"Recognition by John Deere for exceptional performance acknowledges that Exide is consistently meeting the demanding quality standards that John Deere expects," said Bob Caruso, President and Chief Executive Officer of Exide Technologies. "Exide is in business to make our customers successful, and we recognize the competitive challenges that the agriculture and off-road markets face today. We appreciate John Deere's continued support and confidence as we maintain the highest levels of quality and service to our valued partner."

Exide manufactures lead-acid batteries for John Deere at its Transportation manufacturing facility in Manchester, Iowa. The Company has supplied John Deere for more than 25 years.

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's global business groups provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

CONTACT: MEDIA and INVESTOR CONTACTS: Jeannine Addams Kristin Wohlleben J. Addams & Partners, Inc. 404/231-1132 phone jfaddams@jaddams.com kwohlleben@jaddams.com

Source:Exide Technologies