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VNL’s Mobile Communication Solution for Developing Countries Testing Use of Boston-Power’s Lithium-ion Battery System 26 Jan, 2011

World Economic Forum Technology Pioneers To Trial Boston-Power’s Next-Generation Energy Storage System in VNL’s Award-Winning WorldGSM™ Solar-Powered GSM and Broadband System that Enables Mobile Operators to Reach Billions in Rural Locations

Davos, Switzerland – January 25, 2011: VNL and Boston-Power, two World Economic Forum Technology Pioneer Award recipients, today announced a cooperation intended to provide long lasting, green energy storage to a telecommunications solution that is already delivering the transformative capability of cellular and broadband services to rural geographies worldwide, outside the reach of the mobile telecommunications network footprint.

Fellow 2010 Technology Pioneer Award winners Rajiv Mehrotra, founder, chairman and CEO of Vihaan Networks Limited (VNL), and Dr. Christina Lampe-Önnerud, founder and CEO of Boston-Power, were first introduced in January 2010 at the 40th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland. Their discussions quickly prompted a resolution for their firms to investigate deploying technology available today that exemplifies their shared belief in the power of innovation to bring about positive change in society.

Olivier Schwab, Director, Head of Technology Pioneers stated:

“The joint efforts of VNL and Boston-Power represent precisely the sort of collaboration The World Economic Forum Technology Pioneers Programme fosters. These companies are tangible proof that entrepreneurship, innovation, technology and a commitment to the greater good play key roles in shaping and improving society. We wish them every success in their dedication to benefiting the lives of the enormous number of people around the globe living in developing, underserved communities.”

VNL’s WorldGSM™ is the industry’s first microtelecom solution, a complete solar-powered GSM and broadband system optimized for the more than two billion individuals who live in rural areas outside of the mobile telecommunications network footprint. These individuals typically have less than US$2 a month to spend on a mobile service.

At the heart of the VNL’s WorldGSM™ solution is a compact solar-powered base station that draws no power from the electricity grid and is designed for easy set-up – in less than half a day – by individuals without technical expertise. It requires no air conditioning or shelter and runs on the power of a light bulb. Boston-Power’s lithium-ion battery system is currently being tested by VNL for deployment in customer field trials to provide a long life option for energy storage.

Boston-Power’s innovation in extended cycle life, dependable performance in extreme climates, high energy density in terms of both weight and footprint, and safety make it a compelling alternative for providing cost-effective (in terms of total cost of ownership), reliable energy storage for VNL WorldGSM™ base stations. In addition, Boston-Power’s standing as the only battery of its type certified by the world’s most stringent eco-certifying bodies simplifies VNL’s recycling efforts.

Boston-Power’s lithium-ion technology will store the solar energy collected by the VNL WorldGSM™ base station, supporting its existing ability to operate for at least three days when solar energy is not available. VNL WorldGSM™ systems powered by Boston-Power are currently undergoing testing; larger scale deployment is expected to start in various geographies in 2011.

Mr. Mehrotra stated:

“From the moment I met Dr. Lampe-Önnerud, I recognized we shared the same deep belief in the boundless good that technological innovation can bring. That Boston-Power’s pioneering work in lithium-ion energy storage could play a role in our own WorldGSM solution was also clear. It’s gratifying to see conversations begun at The World Economic Forum Annual Meeting translate into meaningful initiatives not even a year later. In our mission to connect the unconnected with affordable voice and broadband services, this development holds great promise.”

Dr. Lampe-Önnerud added:

“Our mission is to build a company that makes a difference and our collaboration with VNL is an excellent example. We commend the important work that VNL is doing and are committed to supporting Mr. Mehrotra and his team to bring its innovative solution to an enormous, underserved population. We also applaud the vital mission of The World Economic Forum in serving as a catalyst to bring together innovators and entrepreneurs from around the world.”

The prestigious World Economic Forum Technology Pioneer award recognizes the most innovative start-ups from around the world that will have a critical impact on the future of business and society. The identification of the Technology Pioneers is the result of a vigorous selection process for which the Forum received hundreds of applications from around the world, evaluated by a panel of dozens of global technology experts.

Additional Resources:

Boston-Power Recognition Includes:

VNL Recognition Includes:

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Boston-Power

VNL

About VNL

VNL (www.vnl.in) is substantially changing the way operators will build networks to connect rural and remote areas in the future. As the innovator of zero OPEX networks and the pioneer of Microtelecom, their simple to install solar powered base stations help mobile operators build a viable business by reaching rural markets profitably. VNL’s award-winning WorldGSM™ is a new approach to delivering affordable voice and broadband services to these markets viably and sustainably. It’s the first example of Microtelecom, the re-engineering of telecommunications to meet the needs of rural and remote communities. The management team includes telecom industry veterans with vast experience in bringing products and services to entirely new markets. Its Founder, Chairman & CEO, Rajiv Mehrotra, started the Shyam group of companies and established some of the earliest GSM, CDMA and fixed networks in India serving millions of people today. For more information, visit the company website at www.vnl.in.

About Boston-Power

Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for a new era of longer lasting, faster charging, safer and environmentally sustainable notebook computer batteries. The company’s Swing™ product delivers unmatched capabilities for Battery Electric and Plug-In Hybrid Electric Vehicles (BEV/PHEV), and utility energy storage applications. Founded in 2005 and with more than 130 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $191 million in venture funding and has earned accolades for its executive leadership and technology from organizations that include The Wall Street Journal, the World Economic Forum, Ernst & Young Entrepreneur of the Year and the Royal Swedish Academy of Engineering Sciences (IVA). Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.

For more information, please contact:

Randy Wambold
CHEN PR for Boston-Power
mobile: 617-943-6476
rwambold@chenpr.com

Manoj Tiwari
VNL
mobile: +91 98112 01999
manoj.tiwari@vnl.in

Bridget Fishleigh
Nomad Communications for VNL
mobile : +44 7946 342 903
bridget@nomadcomms.com

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Boston-Power®, Sonata® and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners. VNL® and the VNL logo are registered trademarks of Vihaan Networks Limited.

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