EcoloCap Solutions, Inc. (ECOS), whose batteries appear superior to those developed by companies like Lithium Technology Corporation (LTHU) and Valence Technology, Inc. (VLNC), recently announced that it retained Exponent, Inc. to independently test its batteries.
EcoloCap Solutions, Inc. (ECOS) announced earlier this week that they signed an agreement with Exponent Engineering and Scientific Consulting of Phoenix, AZ to test its newly announced and very promising Lithium X batteries. Many investors are looking forward to the completion of these tests, as they represent one of the last barriers before its products can go to market.
Preliminary indications from independent and prospective customer labs over the last month indicated that Li-X is the highest power density output battery per weight of any commercial battery in the market, according to President and CEO Michael Siegel. The new batteries also have greater thermal efficiency and a longer lifecycle than existing lead or lithium batteries.
Quality Testing from a Reputable Company
With a staff of over 900 scientists and engineers, Exponent is uniquely qualified to conduct in-depth testing to officially confirm the Lithium X battery’s performance versus competing batteries in the marketplace. By using a multidisciplinary approach involving staff from a wide range of disciplines, the firm’s testing is unparalleled in quality.
The state-of-the-art laboratories at Exponent utilize Maccor battery testers, Gamry electrochemical analysis instruments, and a TIAX accelerated rate calorimeter. Its facilities include provisions for full environmental control including an argon-filled glove box, temperature, humidity and pressure control chambers, salt spray, and burn pads for destructive abuse testing.
In fact, Exponent’s quality management system is independently assessed against the most recognized and comprehensive international standard for quality management systems, ISO 9001, demonstrating its extensive abilities to test and certify products. Verification of this certification can be found on their web site: http://www.exponent.com/files/Uploads/Documents/Exponent_9001cert_expires2010oct.pdf.
Exponent can also perform testing described in the United Nations Recommendations on the Transport of Dangerous Goods, Manual of Tests and Criteria, for lithium and lithium-ion batteries, known as the UN T Test.
Commercial Entry into the $50 Billion Battery Market
EcoloCap has stated that it will publish side-by-side comparisons and results as soon as they are made available. Once published, the testing results should provide the groundwork for the company to begin selling its products into the $50 billion U.S. battery markets.
Since the company already has distributors in both the U.S. and abroad lined up, investors could see these test results as a near-term catalyst for explosive growth in 2010 and beyond.
