Axion Power International Inc (OTC Bulletin Board: AXPW - News), an industry leader in the development of advanced batteries and energy storage devices, announced today that the Company's CEO, Thomas Granville, will be a panelist along with US Rep. Jason Altmire (PA-4), US Rep. Mike Doyle (PA-14), Fred Redmond, VP for United Steelworkers, and Larry Schweiger, President of the National Wildlife Federation, at the upcoming Pittsburgh Green Economy Forum.

PennEnvironment, a statewide, citizen-based environmental advocacy organization, is co-hosting the forum with the Sierra Club, the National Wildlife Federation and Carnegie Mellon University. The focus of the presentation will be to highlight the benefits that will flow from the growing clean energy economy especially as they relate to Pennsylvanians in general and more specifically to the residents of Pittsburgh and the Western part of the state.

The event will take place Thursday, April 16 from 7-9 PM at the Porter Hall, Room 200; Carnegie Mellon University, located on 5000 Forbes Ave, Pittsburgh, PA. The panelists will discuss how the recently passed stimulus bill will help build a green economy in the Pittsburgh area, including how businesses and homeowners can benefit.

Axion CEO Tom Granville said, "I'm very pleased to be able to take part in this forum. Our Company is at the forefront of the initiative to turn clean energy technology into job opportunities in Western PA. Recent funding has allowed us to pursue our long-term strategy and expand our niche market and standard lead-acid battery business to include production of our proprietary PbC� battery and future full production of our other PbC Technologies(TM). The implementation of our business plan will create additional job opportunities in both Lawrence, and the other Counties surrounding New Castle, Pa."

Axion's proprietary PbC batteries compete with the more expensive and exotic battery chemistries currently in the market. The advantages of the new Axion PbC Technology include: less lead, higher power delivery rates, faster recharge rates and longer life cycles when compared to conventional lead-acid batteries.

About Axion Power International Inc

Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC� batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

Axion Power International Inc is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes this new battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world without significant changes to production equipment and fabrication processes. It also believes it will be able to manufacture carbon electrode assemblies in volume at low cost using standard automated production methods that are commonly used in other industries. If and when its electrode manufacturing methods are fully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-play replacements for lead-based negative electrodes used by all other lead-acid battery manufacturers. Axion's future goal, after filling their plant's lead-carbon battery production, is to become the leading supplier of carbon electrode assemblies for the lead-acid battery industry. For more information, visit http://www.axionpower.com .


Contacts

Axion Power International
Kelly Gubish
kgubish@axionpower.com
(724) 654 9300

Allen & Caron Inc
Rudy Barrio (Investors)
r.barrio@allencaron.com
(212) 691-8087

Brian Kennedy (Media)
brian@allencaron.com
(212) 691-8087