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NEW CASTLE, Pa., Aug. 31 /PRNewswire-FirstCall/ -- Axion Power International Inc (OTC Bulletin Board: AXPW), a leading developer of advanced lead-carbon PbC(R) batteries today announced that it will present at the upcoming Rodman & Renshaw Annual Global Investment Conference, to be held September 9-11, 2009, at the New York Palace Hotel in New York City.

Thomas Granville, CEO of Axion Power, is scheduled to present Thursday, September 10, 2009 at 11:40 a.m. ET in the Kennedy II Salon (4th Floor) and will discuss the Company's business strategy and recent developments.

More information on the Rodman & Renshaw Annual Global Investment Conference can be found at: http://www.rodmanandrenshaw.com/conferences?id=38

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 www.axionpower.com.

Axion Power International
Thomas Granville, CEO
(724) 654 9300
Allen & Caron Inc
Rudy Barrio (Investors)
(212) 691-8087
Brian Kennedy (Media)
(212) 691-8087

SOURCE Axion Power International Inc