Monday, January 30, 2012

Axion Power International, Inc. (AXPW) Appoints New Senior Vice President of Sales and Marketing with 30 Years of Experience in Car Industry

Axion Power International, Inc., a developer of advanced lead carbon PbC® batteries and energy storage systems, recently announced that Vani Kumar Dantam will be the new Senior Vice President of Business Development, Sales & Marketing. Previously, Dantam was Vice President of Business Development and Sales for Ener1 in New York City. He will be moving to the New Castle area with his family to help increase sales of the PbC® technology.

“Vani has an extraordinary background, having managed projects with GM, Ford, Daimler, Detroit Diesel, Cummins, Rolls-Royce, Ferrari, Volvo, Navistar, Volkswagen, Toyota, Honda, Daewoo and Hyundai. We are extremely pleased to have him on board, and consider his joining Axion Power, and relocating to New Castle, an impressive vote of confidence in our PbC® technology and in our long range business plan. He began his employment with us this week, and will be reporting directly to me on some of the most strategically important areas of our business,” said Thomas Granville, Chairman and CEO Axion Power International in the press release announcing the new addition.

Axion is an award winning leader in the field of lead-acid batteries having developed and patented next generation energy storage devices. Industry experts praise Axion’s new PbC batteries for having the potential to revitalize the lead-acid battery industry and make them better suited for new applications like hybrid electric vehicles and renewable power.

Dantam’s appointment fits Axion’s strategy to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry. Its battery technology can be assembled on existing lead-acid battery production lines throughout the world by using their proprietary carbon electrodes. Vani Dantam has a significant pipeline of battery customers from his tenure at Ener1 and has new global customers in transportation, defense, and in grid based energy storage in development.

From 1994-2010, Dantam worked for Pendleton In-based Remy International where his role included overseeing two LBOs, an IPO, numerous overseas acquisitions, and joint ventures in Hungary, Mexico, India, Brazil, Argentina, and Japan. He also worked at the Delco Remy division of General Motors for 11 years assisting with product design for batteries, starters, alternators, and ABS systems.

Dantam is a native of India with degrees that include an MBA in Finance and International Business from Indiana University in Bloomington, an MS in Mechanical Engineering from Vanderbilt University, and a BE in Metallurgical Engineering from Babaras Hindu University in Varanasi, UP India.

For more information, please visit www.axionpower.com

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