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ICCNexergy, Inc. Announces the New Product Line of Lithium Iron Phosphate Batteries for Medical Carts

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WESTCHESTER, Ill., June 3, 2013 (GLOBE NEWSWIRE) -- ICCNexergy, Inc. (www.iccnexergy.com), a global leader in the design and manufacture of rechargeable power systems, announces the release of the U1LiFe long-life Lithium Iron Phosphate (LiFePO4) medical cart battery portfolio. ICCNexergy's U1LiFe battery portfolio is specifically designed for mobile medical cart applications that require longer runtime, faster charge time, consistent power, and longer service life compared to traditional Sealed Lead Acid (SLA) batteries. The entire portfolio is backed by a 3 year limited warranty.

"We are excited to offer a portfolio of products that provide run-time options for our medical cart customers," said Michael Davis, Vice President Marketing and Sales at ICCNexergy. "We identified a lack of capacity options available in the market. It really was a 'one size fits all' solution landscape that prompted our acquisition of Applied Power earlier this year and the rapid release of the U1LiFe portfolio of long-life Lithium Iron Phosphate batteries." Added Davis, "Depending on the application focus of the medical cart manufacturer, power requirements and runtimes can vary widely based on how the cart is equipped and used in the hospital."

The U1LiFe battery portfolio of products builds upon ICCNexergy's 45 year history of supplying medical equipment manufacturers with advanced power accessories. The U1LiFe medical cart battery portfolio is available in three different capacity configurations: U1-40 (491Wh), U1-45 (573Wh) and the powerful U1-50 (655Wh); all in the same industry standard U-1 case foot print of 208x137x185mm. The portfolio will be produced in the company's wholly-owned ISO13485 certified manufacturing facility in Tijuana, Mexico with production volumes available in July 2013. The portfolio is designed to be a direct replacement for existing 40Ah LiFePO4 batteries, is in the same form factor as Sealed Lead Acid U-1 batteries, and is compatible with most industry standard LiFePO4 power inverters.

About ICCNexergy, Inc.

ICCNexergy, Inc. is a privately held global developer and manufacturer of innovative power solutions. With more than 45 years of operational excellence, the company continues to lead the industry with expertise in designing and manufacturing custom rechargeable power systems including: Lithium-ion battery packs, battery chargers, docking stations, and highly efficient power supplies. Its partners include major OEMs in the medical, data server/storage, prosumer electronics, safety/security, data acquisition, and military/aerospace industries.

ICCNexergy owns and operates four state of the art production facilities strategically positioned to provide cost effective, high volume production. With approximately 310,000 square feet of wholly owned manufacturing space and a full suite of in-house design, tooling, and test capabilities, ICCNexergy is capable of managing complex programs from design through production around the world. Each facility is ISO 9001:2008, ISO 13485 certified and produces products that are EISA, ROHS, and CEC compliant.

ICCNexergy is part of the Inverness Graham Investments portfolio of companies.

About Inverness Graham Investments

Inverness Graham is an operationally focused, lower middle market private investment firm headquartered in suburban Philadelphia. Inverness Graham acquires high growth, innovative manufacturing and service companies. The firm has over $250M of assets under management and was founded by senior executives of the Graham Group, an alliance of independently owned and operated industrial and investment management businesses that share in the common legacy of entrepreneur Donald C. Graham's industrial endeavors. For more information, please visit www.invernessgraham.com.

For more information, please visit www.invernessgraham.com.

For information on the expanding ICCNexergy portfolio and medical computer cart solutions, please visit www.iccnexergy.com.

CONTACT: Media Contact: Robert Heim Rheim@iccnexergy.com 1-800-210-1431 ICCNexergy, Inc. 4 Westbrook Corporate Center Suite 900 Westchester, IL 60154

Source: ICCNexergy