Boston-Power CEO Dr. Christina Lampe-Önnerud Accepts 2010 Technology Pioneer Award at World Economic Forum Annual Meeting

Prestigious Award Recognizes the 26 Most Innovative Young Companies from Around the Globe

Portable Power Innovator Serves as One of the Discussion Leaders on Green Technologies at Internationally Respected Conference

WESTBOROUGH, Mass. & DAVOS-KLOSTERS, Switzerland--()--Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, is receiving the prestigious 2010 Technology Pioneer Award at the 40th World Economic Forum Annual Meeting commencing today and running through this Sunday, January 31 in Davos-Klosters, Switzerland.

The Technology Pioneer award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society. Members of the media interested in speaking with Dr. Lampe-Önnerud at the conference or by phone are invited to contact Randy Wambold at 617.943.6476 or rwambold@chenpr.com.

Dr. Lampe-Önnerud joins some 2,500 participants at the Annual Meeting, including 900 business chief executives, to discuss technology’s impact on business and society and to contribute to the 2010 Annual Meeting’s call to action: “Improve the State of the World: Rethink, Redesign and Rebuild.” A video in which Dr. Lampe-Önnerud discusses Boston-Power’s approach to innovation, taken on the occasion of Boston-Power’s recognition as a Technology Pioneer, is available on YouTube.

“At Boston-Power, our commitment to working with the global community to leverage technological innovation as a catalyst to improve the quality of life around the world is an integral part of our mission and vision,” said Dr. Lampe-Önnerud. “It’s gratifying to have that commitment recognized by the internationally respected Technology Pioneer award, and we’re proud to share this distinction with the 25 other visionary companies receiving this honor this year. I welcome the opportunity to represent our company here at the Annual Meeting and to work closely with the world’s most influential business, academic, government and other leaders in effecting positive change.”

While at the Annual Meeting, Dr. Lampe-Önnerud will participate in the session entitled “IdeasLab with Technology Pioneers: Betting on Green” (Friday, January 29, 2:30-3:45 p.m., Congress Centre – Jackobshorn). Joining her will be Alan Barton, CEO, Lehigh Technologies; Richard Eno, CEO, Metabolix; Bill Gross, Co-Founder, Chairman and CEO, eSolar; and K.R. Sridhar, Co-Founder and CEO, Bloom Energy.

Boston-Power is the only energy storage company to earn a 2010 Technology Pioneer award. Other recipients include Twitter, Aura Biosciences, eSolar, Proteon Therapeutics and Serious Materials. Winners from prior years include such widely respected companies as Mozilla, Wikimedia Foundation, Silver Spring Networks, Gridpoint and Phase Forward.

The identification of the Technology Pioneers is the result of a vigorous selection process for which the Forum received hundreds of applications from around the world, evaluated by 58 global technology experts. Boston-Power’s accomplishments were recognized among a distinguished field of applicants, which included a substantial increase in the number of cleantech and energy-related companies in particular applying for the award this year.

About Boston-Power

Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology, whose rechargeable cells have earned the prestigious Nordic Ecolabel accreditation. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

“Boston-Power®”, “Sonata®” and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

Contacts

CHEN PR for Boston-Power
Randy Wambold, 617-943-6476 (Mobile)
rwambold@chenpr.com

Release Summary

Boston-Power is receiving the prestigious 2010 Technology Pioneer Award at the 40th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland.

Contacts

CHEN PR for Boston-Power
Randy Wambold, 617-943-6476 (Mobile)
rwambold@chenpr.com