Welcome!

Big Data Journal Authors: Elizabeth White, Maureen O'Gara, Pat Romanski, Liz McMillan, Sebastian Kruk

News Feed Item

Korsair Holdings to Design and Market High-Tech LFP Accumulators

BERLIN -- (Marketwire) -- 02/05/13 -- Korsair Holdings AG (BERLIN: NOM), a technology and development company specializing in green technology investments and renewable energy projects, announces that it has entered into a partnership to design and market High-Tech accumulator devices under the name RUCELL. The new and highly competitive product line of high-capacity accumulators and accumulator systems is based on Lithium Ferro Phosphate (LFP) and will be designed particularly for the use in "green energy" related projects. The primary markets for Korsair to promote and sell the LFP accumulators will be in Europe and Africa.

The LFP accumulators are manufactured at a recently completed state of the art $400 million plant with total annual capacity of in excess 1 Giga watt located in Russia. The LFP-based accumulator technology, which will be used in the future Korsair accumulator product lines, has been developed by a Chinese-Russian Joint Venture in close cooperation with engineering teams, scientists and universities. LFP storage technology is the most advanced large-scale rechargeable accumulator technology today, offering unprecedented power density and operating temperature range without safety concerns. LFP accumulators offer even further advances, such as up to 25-year life cycle, over 3,000 charge cycles and rapid 20 minute charge time to 85% capacity, as well as 20 minute discharge time.

According to Steven Huynh, CEO of Korsair, "Being able to offer these High-Tech LFP accumulators to our customers would allow Korsair to provide a complete package of products and services to our customer reflecting progress made in our business plan that calls for bringing together technology, finance, and expertise in the alternative energy, waste energy, clean energy, clean water, clean air and other green technologies."

Mr. Huynh further commented, "We will be starting to design different devices of the LFP accumulators in order to offer and provide world class LFP accumulators to the particular needs of customers in Europe and Africa. LFP accumulators are used in a number of fields from transportation to solar and wind power generation, to auxiliary power storage and UPS systems."

About Korsair Holdings AG,
Korsair Holdings AG is a technology holding company managed by an international development group focusing on environmental and technical infrastructure projects related to renewable energy and green technologies. We are an entrepreneurial, market-focused, process-oriented group with a global thinking and acting. By combining environmental innovations with creative management and proven industrial leadership, Korsair Holdings AG strives to stay in the forefront of the green technology business.

Disclaimer; Forward-Looking Statements:
This or any other statement from KORSAIR HOLDINGS AG or any of its subsidiaries or its representatives contains forward-looking statements that are based on assumptions and estimations of KORSAIR HOLDINGS AG. Words such as "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project, "should" and "will" and similar expressions identify such forward-looking statements. Even though the management of the company believes that these assumptions and estimations are appropriate, actual results may differ substantially from such assumptions and estimations caused by various factors. These factors may include a change of the macroeconomic environment, of regulations in the business areas, in which KORSAIR HOLDINGS AG is active, changing license and partnership agreements as well as the general and particular legal framework. These forward-looking statements speak only as of their dates and have been reasonable at that time. KORSAIR HOLDINGS AG undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from KORSAIR HOLDINGS AG or any of its subsidiaries or its representatives does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of Korsair Holdings AG in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like KORSAIR HOLINGS AG, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:

Korsair Holdings AG
Poststrasse 10
6060 Sarnen
Switzerland
CEO Steven Huynh
E-Mail: info@korsairholdings.com
Internet: www.korsairholdings.com

More Stories By Marketwire .

Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Cloud Expo Breaking News
SYS-CON Events announced today that Wowrack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. Wowrack’s core expertise lies in high-availability Private and Public Cloud IaaS Hosting Solutions. Wowrack provides a true Hybrid service – where business release all IT management and hardware provisioning – taking the data center and server system administrative headaches off our customer’s shoulders. ...
SYS-CON Events announced today that nfina Technologies, a provider of highly reliable cloud server products, will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. nfina Technologies develops, manufactures, and markets highly reliable cloud server products, designed to solve the most demanding data center requirements in mission-critical cloud applications. Nfina’s staff has decades of experience in co...
SYS-CON Events announced today that OpenStack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. OpenStack software controls large pools of compute, storage, and networking resources throughout a datacenter, all managed by a dashboard that gives administrators control while empowering their users to provision resources through a web interface. OpenStack powers some of the most widely-used SaaS app...
“Cloud has everything to do with what has happened with Big Data,” explained Jason Deck, Director of Strategic Alliances at Logicworks, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “Big Data doesn’t exist in its easily accessible way without cloud. From reduced startup costs, to cheap storage, to fast processing, to adequate security, to the easy incorporation of third-party analytics tools, cloud made Big Data accessible to customers of all sizes, with all different bud...
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible. In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enormous sums on technology they are starting to realize that in order to maximize the return on investment and accelerate the business transformation process the first area of focus should be people. By ensuring the organiza...
"Since Cloud Expo is running the week of June 10, we thought it'd be a great idea to schedule our Meetup this week. That way, if you have colleagues, friends, or family in town that week for the Expo, you can invite them to join you!" With those words, the OpenStack New York Meetup Group's organizer's launched a landing page this week where anyone interested can register for the June 12 evening event.
Cloud computing is transforming the way businesses think about and leverage technology. As a result, the general understanding of cloud computing has come a long way in a short time. However, there are still many misconceptions about what cloud computing is and what it can do for businesses that adopt this game-changing computing model. In his General Session at the 12th International Cloud Expo, Gene Eun, Senior Director, Oracle Cloud at Oracle, will discuss and dispel some of the common myth...
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how. In her session at the 12th International Cloud Expo, Manjula Talreja, VP of Cisco’s Global Cloud Business Development Team, will discuss the...