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2014-05-28

ZPower: Photo Release -- ZPower Secures $10 Million in New Financing to Support Growth

Advanced Battery Manufacturer is Changing the Audiology Market's Paradigm From Disposable to Rechargeable BatteriesCAMARILLO, Calif., May 28, 2014 (GLOBE NEWSWIRE) --ZPowertoday announced it
has raised $10 million in additional funding from existing investors,
bringing the company's total to $110 million from investors. The funds will
be used to accelerate the adoption of ZPower silver-zinc rechargeable
batteries, used by leading hearing aid manufacturers. The batteries were
recently launched by Starkey Hearing Technologies for use in the
VFusionTMRechargeable Battery System.

Photos accompanying this release are available at

http://www.globenewswire.com/newsroom/prs/?pkgid=25603

http://www.globenewswire.com/newsroom/prs/?pkgid=25604

"We're excited to receive this important infusion of growth capital from our
investment partners," said Dr. Ross Dueber, President and CEO of ZPower. "We
and our customers have a vision of changing the audiology market's paradigm
from disposable batteries to rechargeable batteries, and are committed to
making it a reality."

"ZPower's technology has given me a new lease on life," said Mr. Howard
Schultz, lead investor and hearing aid wearer. "When I place my hearing aids
in the charger each night and put them on in the morning I'm confident the
batteries will last all day. No longer do I have to worry about carrying
spare batteries and having to replace them at inopportune times. With ZPower
batteries I can now charge my hearing aids just like my mobile phone."

Batteries for Advanced Hearing Aids

"The new Made for iPhone® hearing instruments and other advanced wireless
hearing aids demand more power than ever before," stated Troy Renken,
ZPower's Vice President of Product Planning and Electronics. "Zinc-air
disposable batteries last as little as two days in these new hearing aids,
requiring frequent battery purchases and replacements." ZPower silver-zinc
batteries offer numerous advantages over zinc-air disposable batteries in the
areas of performance, user convenience and environment. ZPower batteries are
also superior to traditional nickel metal-hydride rechargeable batteries
because they deliver up tothree times the energy - and over 18 hours of
continuous use-
in both 312 and 13 battery sizes. "Our higher energy content, however, makes
them incompatible with many current hearing aids so we are working closely
with manufacturers to quickly enable their adoption of our game changing
technology."

Design Services

In addition to manufacturing silver-zinc rechargeable batteries, ZPower also
offersdesign support servicesin the areas of power management and charger
design for hearing instrument manufacturers. "Our design support helps our
manufacturer partners quickly adapt their existing hearing aid products and
electronics to ZPower batteries," said Renken. The company specializes in
voltage regulation ICs, power management ICs, charger electronics and control
algorithms for hearing aids.

Beyond Audiology

ZPower is also poised to serve other markets beyond audiology. Longer lasting
microbatteries are crucial for the new wave of portable electronics and
wearable computers. "Our silver-zinc technology has a significant energy
density advantage over lithium-ion microbatteries," added Dueber.

Designed and manufactured in California, USA, ZPower batteries are the first
new rechargeable battery technology for portable electronics to be launched
since lithium-ion was introduced in the 1990s. The company is financed
entirely by private investors and has no government-assisted funding.

About ZPower, LLC

ZPower is a leader in the development of rechargeable, silver-zinc batteries
for microbattery applications whose headquarters and manufacturing facility
is in Camarillo, Calif. The company provides a total solution for hearing
instrument manufacturers which includes advanced silver-zinc battery
technology and charger design support. The ZPower solution simplifies new
product development and speeds time-to-market. For end users, ZPower
batteries deliver unmatched performance, improved user experience and are
better for the environment. For more information, visitwww.zpowerbattery.com.

CONTACT: Mary Beth Natarajan
Media Relations / 937-750-2997
mb@jaimarketing.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ZPower via Globenewswire

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