27.08.07

27.8.207: Meldung: Exide Technologies: New Vice President

Exide Technologies Establishes New Leadership Role
Friday August 24, 8:00 am ET
Company Names Vice President - Strategic Planning and Business Development

ALPHARETTA, Ga.-- Exide Technologies, a global leader in stored electrical-energy solutions, announced today the appointment of Gary Reinert to the newly created position of Vice President - Strategic Planning and Business Development.

Since August of 2006, Reinert has served Exide as Vice President, Internal Audit at the Company"s corporate headquarters in Alpharetta, Georgia. In his new role, reporting to Gordon Ulsh, he will be responsible for updating/completing strategic planning for Exide"s growing business; leading the evaluation of product expansion; and identifying potential merger and acquisition opportunities - all leading to increased profitability.

"The decision to create this new position is a direct result of Exide"s growing financial and operational strength," said Ulsh. "The timing and the environment are right for Exide to implement a more crystallized world view around strategic planning and business development. We anticipate that Gary"s efforts will drive significant improvements in shareholder value and long-term competitiveness."

Reinert brings a depth of financial experience to his new role at Exide. Prior to his time at Exide, he was Chief Financial officer at the Hudson-Sharp Machine Co. He also served as General Auditor / Vice President and Controller at Harnischfeger Industries. Before that, he was Staff Auditor to a Senior Manager at KPMG.

Reinert holds a Bachelor"s of Business Administration degree in Accounting from the University of Wisconsin - Whitewater.

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the world"s largest producers and recyclers of lead-acid batteries. The Company"s four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are available at www.exide.com.


Contact:

Exide Technologies
Media Contacts:
J.Addams & Partners, Inc.
Jeannine Addams or Kristin Wohlleben, 404-231-1132
jfaddams@jaddams.com
kwohlleben@jaddams.com
or
Investor Contact:
Todd Atenhan, 404-806-1393
investorrelations@exide.com
or
James Kautz, 404-806-1393
investorrelations@exide.com

Source: Exide Technologies
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