Valence Technology to Participate in the Deutsche Bank - 2009 Auto Analysts of New York Detroit Auto Conference

AUSTIN, Texas--(BUSINESS WIRE)--Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium phosphate energy storage solutions, announced today it is participating in the 2009 Auto Analysts of New York Detroit Auto Conference, hosted by Deutsche Bank, being held Jan.13-15, 2009, at the MGM Grand in Detroit, Michigan.

Valence Technology President and CEO Robert L. Kanode will address an audience of industry participants and investors as part of the Advanced Vehicle Exposition component of the Deutsche Bank conference at 1:30 p.m. EST on Wednesday, Jan. 14, 2009, at the MGM Grand. The Company will also have an exhibition booth set up at the event.

In addition to Mr. Kanode, a large contingent of other thought leaders from the automotive and automotive products sectors including industry management teams, institutional investors, private investors, and financial sponsors of the industry will also be in attendance. The Deutsche Bank conference coincides with opening week of the 2009 North American International Auto Show at the Cobo Center in Detroit, one of the world’s largest gatherings for the automotive sector.

Valence Technology’s presentation will be available via audio webcast along with a link to slides which can be accessed by visiting the Investor Relations website at www.valence.com under the Company section and clicking on Events and Presentations. A webcast replay of the presentation will be available on Valence’s investor relations web site through Jan. 21, 2009.

Nearly 100 companies are actively testing or have already implemented Valence's patented energy storage solutions. Valence's technology powers a variety of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs) including cars, buses, trucks, scooters and motorbikes. With over 400 international patents, Valence holds an extensive domestic and worldwide IP portfolio for phosphate cathode materials, the critical technology pathway for next generation energy storage. This extensive portfolio includes the important categories of Lithium Iron Magnesium Phosphate along with next generation materials Lithium Vanadium-based Phosphate (LVP) and Lithium Vanadium-based Fluorophosphates (LVPF). The patents also extend to Valence's innovative single-step preparative method, known as the Carbothermal Reduction (CTR) process, a key step for large scale, low-cost manufacturing.

About Valence Technology, Inc.

Valence Technology is an international leader in the development of lithium phosphate energy storage solutions. The company has redefined lithium battery technology and performance by marketing the industry’s first safe, reliable and rechargeable lithium phosphate battery. Founded in 1989, Valence today offers a proven technology and manufacturing infrastructure that delivers ISO-certified products and processes that are protected by an extensive global patent portfolio. Headquartered in Austin, Texas, Valence has facilities in Nevada, China and Northern Ireland. Valence is traded on the NASDAQ Capital Market under the ticker symbol VLNC. For more information, visit www.valence.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may vary substantially from these forward-looking statements as a result of a variety of factors. The risk factors that could affect actual results are discussed in our periodic reports filed with the Securities and Exchange Commission, including our Report on Form 10-K for the year ended March 31, 2008, and the reader is directed to these statements for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements.