Exide Technologies Secures New Contract with German Federal Office of Defense

ALPHARETTA, Ga.--(BUSINESS WIRE)--Exide Technologies (NASDAQ:XIDE)(www.exide.com), a global leader in stored electrical-energy solutions, announced today that it has secured a second contract with the German Federal Office of Defense Technology and Procurement (BWB). The largest technical authority in Germany, the BWB is responsible for ensuring that the Federal Office of the Bundeswehr for Information Management and Information Technology (IT-AmtBw) is equipped with state-of-the-art technology and equipment.

“Our exclusive alliance with the BWB is proof that Exide is fast becoming the battery supplier of choice ― supporting the most demanding of requirements ― for military forces around the world”

According to the terms of the new agreement, Exide will supply approximately 27,000 NBB 248™ maintenance-free NATO bloc batteries to the German Army for military-vehicle applications.

Exide’s newest contract is its second supply agreement with BWB for 2007. In May, the authority selected the Company to provide approximately 11,000 NBB 249™ maintenance-free NATO bloc batteries — 12 V/45-ampere-hour GEL™ batteries — for military-vehicle applications for the German Army. Together, the two contracts make Exide the exclusive supplier for these types of batteries for the German Army.

“Our exclusive alliance with the BWB is proof that Exide is fast becoming the battery supplier of choice ― supporting the most demanding of requirements ― for military forces around the world,” said Joel Campbell President – Industrial Energy Europe for Exide Technologies. “This contract also gives us the unique opportunity to build upon an already strong relationship and streamline logistics costs for an important customer.”

The battery sets for both contracts are scheduled for delivery during 2007 and will be produced at Exide’s Industrial Energy manufacturing plant in Büdingen, Germany. The Company has a long history as a bloc battery supplier for military-vehicle applications in GEL™ technology and also enjoys a leading reputation as a supplier of submarine batteries.

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 four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- 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 42-volt 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.

Further information about Exide, including its financial results, are available at www.exide.com.