NEW CASTLE, Pa., May 3, 2011 /PRNewswire/ -- Axion Power International Inc (OTC Bulletin Board: AXPW), announced plans to release its first quarter 2011 results before market on Tuesday, May 17, 2011. The Company will hold a conference call that same day at 11:00 am ET. Interested parties should call 877-485-3104 (domestic) or 201-689-8579 (international), to access the call. You may also access this call via the Internet by visiting the company's website at www.axionpower.com and clicking on the Investors link.

For those who are unavailable to listen to the live broadcast, a replay will be available for seven days and can be accessed by dialing 877-660-6853 (domestic) and 201-612-7415 (international) and using passcode 371881 and account number #356.

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 utilizing Axion's proprietary carbon electrodes. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.

For more information, visit www.axionpower.com

Contacts

Axion Power International Inc
Charles Trego CFO / Investor Relations
(724) 654-9300

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

Len Hall (Media)
len@allencaron.com
(949) 474-4300

SOURCE Axion Power International Inc