NEW CASTLE, Pa., Oct. 16 /PRNewswire-FirstCall/ -- Axion Power International Inc (OTC Bulletin Board: AXPW), a leading developer of advanced lead-carbon PbC� batteries, announces it will present at the upcoming New York Society of Security Analysts' (NYSSA) Future of Energy Investing: Exploration, Production and Clean Technology Conference, to be held November 4, 2009, at the NYSSA headquarters in New York City located at 1177 Avenue of the Americas in New York City.

Thomas Granville, CEO of Axion Power, is scheduled to present at 3:40 p.m. ET on the 2nd( )floor. He will discuss the Company's business, financial overview, strategic partnerships - including Axion's four year supply agreement with Exide Technologies. Granville will also speak to the emerging market opportunities in electric and hybrid vehicles, off-grid storage and grid buffering, mass transit and rail transit - including hybrid trains.

The New York Society of Security Analysts (NYSSA), has been a leading forum for the investment community since 1937. NYSSA was founded by a group of professionals that included Benjamin Graham, the "father of securities analysis" and one of the most influential men in the history of finance.

More information on the New York Society of Security Analysts' Future of Energy Investing: Oil, Gas, & Clean Technology Conference can be found at: www.nyssa.org.

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.

    Contacts
    Axion Power International
    Thomas Granville, CEO
    (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

SOURCE Axion Power International Inc