alpha-En Corporation Announces Move to New Product Development Center and Corporate Headquarters

YONKERS, N.Y., May 30, 2017 /PRNewswire/ -- alpha-En Corporation ALPE, an innovative clean technology company enabling next-generation battery technologies through the production of high purity lithium metal, announced today that it has moved into its new, 8,000 square foot facility in Yonkers, New York. The new facility, part of the innovative iPark Hudson technology and office campus, is now the Company's innovation and product development center as well as its global headquarters and corporate office.

"Our move to our new facility and headquarters is a milestone for alpha-En as a company.  It is the latest of several important steps we have taken in the past few months, including the completion of a recent private placement, establishing new research agreements with leading academic institutions and putting together a talented management team," said Jerome Feldman, Founder and Executive Chairman of alpha-En.

Alpha-En CEO Steve Fludder commented, "Now we can move forward and enhance our development program and manufacture samples of our high purity lithium metal for our potential customers and partners. We remain confident that our new process for producing highly pure lithium metal in a manner that has never been done before will be a powerful disruptive force in the rapidly expanding global market for lithium-based rechargeable batteries."

alpha-En's network of partners includes the U.S. Department of Energy's Argonne National Laboratory, Princeton University and the City University of New York.

About alpha-En Corporation
alpha-En Corporation ALPE is an innovative clean technology company focused on enabling next generation battery technologies by developing and bringing to market high purity lithium metal and associated products produced in an environmentally sensitive manner. For more information, visit http://alpha-encorp.com.

Corporate Contact
Thomas Suppanz, Managing Director/Finance
tsuppanz@alpha-encorp.com 
914 418 2000

Mike Mason
DresnerAllenCaron
mmason@dresnerallencaron.com
212 691 8087

Safe Harbor
Except for the historical information herein, the matters discussed in this news release may include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. alpha-En Corporation assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.

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SOURCE alpha-En