Asia PR News

SOUTH SAN FRANCISCO, Calif., Sept. 27 /PRNewswire-AsiaNet/ –

Nanoexa, a leading nanotechnology-based clean energy company, and Decktron
(KOSDAQ: 053070), a lithium battery and display company, today jointly
announced a definitive agreement to develop and transfer into commercial use
new lithium battery technology originally developed at the U.S. Department of
Energy’s Argonne National Laboratory.

The goal of this agreement is to commercialize next generation
rechargeable lithium battery technologies from Argonne’s Battery Technology
Department. Together, the organizations will introduce into the marketplace
batteries with increased power output, storage capacity, safety and lifetime
that will be utilized in high-rate applications such as hybrid/electric
vehicles, power tools, and radio control devices.

"The recent news about laptop battery safety has exposed the limitations
of current rechargeable battery technologies. One of the primary goals of
Argonne’s battery technology is to dramatically improve lithium battery
safety," said Michael Pak, CEO of Nanoexa. "Argonne’s R&D expertise in
developing lithium battery materials as well as their deep relationships with
the world’s automotive makers will create a powerful opportunity for our
company. We look forward to expanding our strategic relationship with Argonne
even further."

"As part of the FreedomCAR Partnership between the U.S. Department of
Energy (DOE) and U.S. automobile manufacturers, we at Argonne have been
conducting research and development to help industrial battery developers
lower cost and increase the lifetime and inherent safety of high-power lithium
batteries," said Gary Henriksen, Manager of Argonne’s Battery Technology
Department. "These new Argonne-developed technologies could help lithium-ion
batteries enter the automotive market. Also, we believe that some of these
technologies could lead to improved (longer life and inherently safer)
batteries for consumer electronic applications. We look forward to working
with Nanoexa and Decktron to demonstrate our technologies in commercial cells
and batteries."

Lithium batteries are the most popular rechargeable battery for consumer
electronics such as mobile phones, digital cameras, camcorders, and laptop
computers. As a result of their success in these applications, lithium
batteries are now used in other applications such as electric vehicles, hybrid
electric vehicles, power tools and specialty battery applications which
typically rely upon less efficient NiCD (nickel cadmium) or NiMH (nickel metal
hydride) technologies. Lithium batteries are 20-50% lighter than either NiCD
or NiMH and can provide greater energy and power per unit of volume and
weight.

Analysts predict that by 2010 automakers will annually sell more than 3
million hybrid cars around the world, generating battery sales of over $3
billion. Lithium batteries already represent a global market of $6 billion,
growing at 10-15% per year.

About Nanoexa
Nanoexa is a nanotechnology-based clean energy company creating new
applications that utilize nanotechnology and computational modeling innovation
to dramatically improve material performance in clean energy products such as
lithium batteries and solar cells. Nanoexa has assembled an extensive lithium
battery intellectual property portfolio and has developed a computational
modeling platform technology that offers a unique and powerful way to design
and validate material design from the quantum level. In 2006, Nanoexa acquired
a controlling interest in Decktron, a South Korea-based company offering
highly efficient, environmentally sustainable battery technologies. Nanoexa is
based in South San Francisco, California. For further information, visit
www.nanoexa.com.

About Decktron
Decktron is an advanced technology and manufacturing company currently
selling lithium batteries and flat panel displays, including LCD and PDP,
generating global revenues of $100 million in 2005. Decktron’s growth strategy
is focused on delivering next generation lithium batteries that offer
exceptional performance and safety levels. Decktron is publicly traded on the
Korean Stock Exchange (KOSDAQ: 053070) and is headquartered in Seoul, South
Korea. For further information, visit www.decktron.com.

About Argonne National Laboratory
The nation’s first national laboratory, Argonne National Laboratory
conducts basic and applied scientific research across a wide spectrum of
disciplines, ranging from high-energy physics to climatology and
biotechnology. Since 1990, Argonne has worked with more than 600 companies and
numerous federal agencies and other organizations to help advance America’s
scientific leadership and prepare the nation for the future. Argonne is
managed by the University of Chicago for the U.S. Department of Energy’s
Office of Science. For further information, visit www.anl.gov.

SOURCE: Nanoexa

CONTACT: Doug Wyllie
+1-415-977-1930
or doug@antennagroup.com,

for Nanoexa/Decktron

or Catherine Foster
of Argonne National Laboratory
+1-630-252-5580
or media@anl.gov

Web site: http://www.anl.gov
http://www.decktron.com
http://www.nanoexa.com