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Valence Technology Secures Debtor-in-Possession Credit Facility
Sep 13, 2012
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AUSTIN, Texas, September 13, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (the "Company") announced today that it has secured a Debtor-in-Possession (DIP) credit facility of up to $10 million from GemCap Lending I, LLC.
The DIP credit facility has been approved by the U.S. Bankruptcy Court for the Western District of Texas and wil...
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Valence Technology Stock Begins Trading on OTCQB Market
Jul 16, 2012
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AUSTIN, Texas, July 16, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (the "Company") announced that the Company's common stock began trading under the "VLNC" symbol on the OTCQB Marketplace following the cessation of trading on the NASDAQ Stock Market ("NASDAQ"). Operated by OTC Markets Group Inc., the OTCQB is a market tier for OTC traded com...
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Valence Technology Files Voluntary Chapter 11 Business Reorganization
Jul 12, 2012
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Flow of Goods and Services to Customers to Continue Globally in Ordinary Course
Non‐U.S. Subsidiaries Are Not Included in U.S. Filing and Are Not Subject to Court Supervision
Company Negotiating Debtor-in-Possession Financing
AUSTIN, Texas, July 12, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (the "Company") an...
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Valence Signs Supply Agreement With Healthcare Leader Enovate
Jun 20, 2012
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AUSTIN, Texas, June 20, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions, announced today that it has signed a two year supply agreement with EnovateIT, an international manufacturer and provider of mobile and wall-mounted clinical workstations for the hea...
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Valence Technology Receives Further NASDAQ Delisting Notification Related to Minimum Bid Price
Jun 19, 2012
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AUSTIN, Texas, June 19, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC) (the "Company"), a leading U.S. based global manufacturer of advanced energy storage solutions, today announced that it received a second written notice from The NASDAQ Stock Market indicating that the Company is not in compliance with the $1.00 minimum bid pric...
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Valence Technology Settles Patent Dispute With Hydro-Quebec
Jun 13, 2012
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AUSTIN, Texas, June 13, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S. based global manufacturer of advanced energy storage solutions settled its patent dispute with Hydro-Quebec, entering into a settlement agreement that resolves existing litigation with no monetary payment made by either side, and each party beari...
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Photo Release -- Valence Partnership With PVI Boosts Electric Truck and Bus Sales in Europe
May 30, 2012
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AUSTIN, Texas, May 30, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions, announced today that it has signed an extended supply agreement with French based PVI, a market leader in electric industrial vehicles. The recently updated supply agreement, combined...
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Valence Technology Reports Fiscal Fourth Quarter and Full Year 2012 Financial Results and Business Highlights
May 23, 2012
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AUSTIN, Texas, May 23, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, today reported financial results for its fiscal fourth quarter and fiscal year ended March 31, 2012.
Executive Commentary
"We have seen continued progress with ...
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Valence Technology Announces Release Date and Conference Call Information for Fiscal Year 2012 Fourth Quarter and Full Year Financial Results
May 9, 2012
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AUSTIN, Texas, May 9, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions, will release its fourth quarter and fiscal year 2012 financial results after the market closes on May 23, 2012. Company management will conduct a conference call that day at 3:30 p.m. ...
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Valence Technology to Participate in Deutsche Bank Securities Investor Conference
May 1, 2012
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AUSTIN, Texas, May 1, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, announced today details of its management team's scheduled presentation at an upcoming investor conference.
Valence's management will be presenting at the:
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Valence Technology to Participate in 24th Annual Roth Conference
Feb 28, 2012
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AUSTIN, Texas, Feb. 28, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, announced today details of its management team's scheduled presentation at an upcoming investor conference.
Valence's management will be presenting at the:
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Valence Technology Reports Fiscal Third Quarter Financial Results
Feb 8, 2012
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AUSTIN, Texas, Feb. 8, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions for commercial applications, today reported financial results for its fiscal 2012 third quarter and nine months ended December 31, 2011.
Executive Commentary
"Our third...
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Valence Technology to Participate in Jefferies 2012 Global Clean Technology Conference
Feb 7, 2012
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AUSTIN, Texas, Feb. 7, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, announced today details of its management team's scheduled presentation at an upcoming investor conference.
Valence's management will be presenting at the:
...
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Valence Technology Wins European Patent Appeal
Feb 6, 2012
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AUSTIN, Texas, Feb. 6, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions for commercial applications prevailed in seeking the dismissal of an appeal by Hydro-Quebec (HQ) of a decision of the European Patent Office revoking a HQ European patent. The EPO Pate...
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Valence Technology, Inc. Announces Release Date and Conference Call Information for Fiscal Year 2012 Third Quarter Financial Results
Jan 18, 2012
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AUSTIN, Texas, Jan. 18, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions, will release results after the close of U.S. financial markets on February 8, 2012. Company management will conduct a conference call to discuss its fiscal 2012 third quarter financi...
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Valence Technology to Participate in 14th Annual Needham Growth Conference
Jan 3, 2012
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AUSTIN, Texas, Jan. 3, 2012 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, announced today details of its management team's scheduled presentation at upcoming investor conference.
Valence's management will be presenting at the:
N...
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Valence Technology Affirms Safety Features of Lithium Phosphate Battery Chemistry
Nov 29, 2011
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AUSTIN, Texas, Nov. 29, 2011 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions for commercial applications today affirmed the inherent safety of its lithium phosphate chemistry for automotive electric batteries, as demonstrated in cell penetration and cell crush...
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Valence Technology Reports Second Quarter Fiscal 2012 Financial Results
Nov 8, 2011
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AUSTIN, Texas, Nov. 8, 2011 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions for commercial applications today reported financial results for its fiscal 2012 second quarter and six-months ended September 30, 2011.
Executive Commentary
"During th...
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Valence Technology Announces Extension of Supply Agreement With Rubbermaid Medical Solutions
Nov 3, 2011
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AUSTIN, Texas, Nov. 3, 2011 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a U.S. based global manufacturer of advanced energy storage solutions, today announced the extension of a supply agreement with Rubbermaid Medical Solutions (RMS), a leading provider of medication carts and mobile computing solutions for healthcare facilities.
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Valence Technology, Inc. Announces Release Date and Conference Call Information for Fiscal Year 2012 Second Quarter Financial Results
Oct 18, 2011
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AUSTIN, Texas, Oct. 18, 2011 (GLOBE NEWSWIRE) -- Valence Technology, Inc. (Nasdaq:VLNC), a leading U.S.-based global manufacturer of advanced energy storage solutions, will release results after the close of U.S. financial markets on November 8, 2011. Company management will conduct a conference call to discuss its fiscal 2012 second quarter financ...
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