1. International Battery Announces Executive Appointments

    International Battery Announces Executive Appointments
    *** Mark P. Mills, the Company's current Chairman, will assume the positions of Chief Executive Officer and Vice Chairman, effective September 1, 2011; *** Dr. Ake Almgren, the Company's current Chief Executive Officer and Vice Chairman, will step down as CEO and become Chairman and consultant to International Battery also effective September 1, 2011; *** Thomas Puza, formerly of Ener1, has joined International Battery as Chief Operating Officer. *** Joseph Jacobs, President of Wexford Capital LP, will be joining the Board.
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