updated 10/14/2010 9:16:04 AM ET 2010-10-14T13:16:04

MILTON, Ga., Oct. 14, 2010 (GLOBE NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE), a global leader in stored electrical-energy solutions, announced that it will be aligning its global industrial businesses under a common name effective immediately. The new name for this division of Exide Technologies is GNB® Industrial Power. These changes affect only the names of the global industrial divisions, not the types of products manufactured and marketed or any other aspect of this business.

"I am confident that this change will help strengthen us as a company going forward as we leverage the power of our industrial businesses around the world under one common name," said Jim Bolch, CEO and President, Exide Technologies. "We will continue to provide our Industrial customers around the world with the highest levels of professional service, advanced technologies and competitive solutions."

The new logo for the industrial division is: http://www.globenewswire.com/newsroom/prs/?pkgid=8161

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 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 .

The Exide Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5067

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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