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Ovonic Battery grants patent license to China's NiMH battery maker

Posted: 23 Aug 2005 ?? ?Print Version ?Bookmark and Share

Keywords:ovonic battery? energy conversion devices? nimh? battery? intellectual bettery?

Ovonic Battery Co. Inc., a subsidiary of Energy Conversion Devices Inc. (ECD Ovonics), has entered into a patent license agreement in connection with its proprietary nickel metal hydride (NiMH) battery technology with Intellect Battery Co. Ltd (Intellect) of China.

Under the consumer battery license grant, Intellect has a royalty-bearing, nonexclusive right to make, use and sell NiMH batteries for consumer, nonpropulsion applications.

According to ECD Ovonics and Ovonic Battery, they aim to continue their strategy of licensing battery manufacturers in the growing NiMH battery market in China.

Moreover, ECD Ovonics has invented, pioneered and developed its proprietary enabling technologies in the fields of energy (including Ovonic NiMH batteries and thin-film continuous-web amorphous solar cells, modules, panels and systems for generating solar electric power; hydride storage materials capable of storing hydrogen in the solid state; metal hydride fuel cell technology) and information (phase-change electrical and optical memories and threshold switch) leading to new products and production processes based on amorphous, disordered and related materials.

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