Exide Technologies Announces New Licensing Agreement with Honeywell Consumer Products Group    

Milton, Georgia – (June 10, 2010) – Exide Technologies, (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions, announced today a new licensing agreement with Honeywell Consumer Products Group. Honeywell Consumer Products Group is a business unit within the Honeywell Transportation Systems segment. Its leading automotive care products include FRAM® oil, air, transmission and fuel filters; Autolite® spark plugs and ignition wire sets; Prestone® antifreeze and car care products; and Holts® car care products.

The new agreement with Honeywell provides the Exide Transportation Americas operating division the right to use the Autolite® trademark on batteries for automotive, lawn and garden, marine and power-sports applications for sales in the USA, Canada and Mexico. 

“The Exide Transportation team in North America embraces the opportunity to help broaden our customer reach as a result of our new alliance with Honeywell,” said Bruce Cole, President – Transportation Americas for Exide Technologies. “Today, there are no active mass market distributors of Autolite® batteries, although the brand is strong on spark plugs and numerous other aftermarket replacement parts. Together, Exide and Honeywell look to deliver leading lead-acid batteries to the domestic aftermarket from a trusted source.”

For additional information on becoming a distributor of Autolite® batteries, please call 1-800-START-IT or visit www.exide.com.


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 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.


Media Contacts:

Jeannine Addams
Kristin Wohlleben
J.Addams & Partners, Inc.
404/231-1132 phone
jfaddams@jaddams.com
kwohlleben@jaddams.com

Investor Contact:

Carol Knies
Senior Director of Investor Relations
Exide Technologies
678/566-9316 phone
carol.knies@exide.com

Created: 06/11/2010 Modified: 06/11/2010