updated 10/29/2010 8:15:35 AM ET 2010-10-29T12:15:35

MILTON, Ga., Oct. 29, 2010 (GLOBE NEWSWIRE) -- Exide Technologies, (Nasdaq:XIDE) ( www.exide.com ), a global leader in stored electrical-energy solutions and the maker of the Official Battery of NASCAR®, announces the expansion of the Exide® NASCAR® Extreme and the introduction of the Global Extreme battery line, a premium offering for the automotive aftermarket.   

At the Company's exhibit at the 2010 Automotive Aftermarket Products Expo (AAPEX) Show in Las Vegas, Nevada, November 2-4, Exide will feature the 13 new part numbers joining its premium product portfolio. This is a significant development for the Extreme brand offering as it broadens the coverage for this product from 70 percent of transportation vehicles on the road to nearly 90 percent – resulting in overall increased exposure for U.S., European and Asian car models.  This enhanced coverage, particularly for an increasing population of Asian and European models, is driven by Exide's introduction of a new Global Extreme label for 14 of the Extreme SKUs.

"The expansion of the Exide NASCAR Extreme automotive battery line and introduction of our Global Extreme offering demonstrates our ability to go above and beyond to deliver category growth – expanding technological innovation to serve a broader global range of vehicle models and helping an increased number of motorists handle the extremes of everyday driving," said Bruce Cole, President, Transportation – Americas for Exide Technologies.  "Our growing product assortment strengthens our position as the partner of choice for our aftermarket customers as well as that of a versatile global producer and service provider capable of meeting the needs of more consumers in today's ever-changing marketplace."

The Silver Shield positive grid technology in Exide NASCAR Extreme and Global Extreme batteries provides protection from heat corrosion and combines superior anti-shock design with on-the-go power to meet the increasing electrical demands of today's vehicles. The heavy-duty plates offer enhanced durability under harsh operating conditions, and a heavy cast-on strap resists cracking, providing stronger connections and longer battery life. Riveted side terminals complete the durable, corrosion-resistant design. 

These batteries also come with one of the best warranties in the business – a full 40-month free replacement and 108-month limited warranty, along with a 40-month, 24/7 jump start assistance program – providing unsurpassed total protection.  

Like other Exide Technologies offerings, these products are made with recycled lead and plastic, and can be recycled at the end of their service lives. Exide is one of the few battery manufacturers in the world with facilities to manufacture and recycle its own products.

More information about Exide NASCAR Extreme and Global Extreme batteries is available through 1-800-START-IT or at www.startpositivestaypositive.com .

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

Forward-Looking Statements

Except for historical information, this news release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act.

Examples of forward-looking statements include, but are not limited to (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure, and other financial items, (b) statements of plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (c) statements of future economic performance, and (d) statements of assumptions, such as the prevailing weather conditions in the Company's market areas, underlying other statements and statements about the Company or its business.

Factors that could cause actual results to differ materially from these forward looking statements include, but are not limited to, the following general factors such as: (i) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (ii) the Company's ability to implement and fund business strategies based on current liquidity, (iii) the Company's ability to realize anticipated efficiencies and avoid additional unanticipated costs related to its restructuring activities, (iv) the cyclical nature of the industries in which the Company operates and the impact of current adverse economic conditions on those industries, (v) unseasonable weather (warm winters and cool summers) which adversely affects demand for automotive and some industrial batteries, (vi) the Company's substantial debt and debt service requirements which may restrict the Company's operational and financial flexibility, as well as imposing significant interest and financing costs, (vii) the litigation proceedings to which the Company is subject, the results of which could have a material adverse effect on the Company and its business, (viii) the realization of the tax benefits of the Company's net operating loss carry forwards, which is dependent upon future taxable income, (ix) the negative results of tax audits in the U.S. and Europe which could require the payment of significant cash taxes, (x) competitiveness of the battery markets in the Americas and Europe, (xi)  risks involved in foreign operations such as disruption of markets, changes in import and export laws, currency restrictions, currency exchange rate fluctuations and possible terrorist attacks against U.S. interests, (xii) the ability to acquire goods and services and/or fulfill later needs at budgeted costs, (xiii) general economic conditions, (xiv) the Company's ability to successfully pass along increased material costs to its customers, and (xv) recently adopted U.S. lead emissions standards and the implementation of such standards by applicable states, and (xvi) those risk factors described in the Company's fiscal 2010 Form 10-K filed on June 2, 2010 and its Form 10-Q filed on August 5, 2010.

The Company cautions each reader of this news release to carefully consider those factors set forth above.  Such factors have, in some instances, affected and in the future could affect the ability of the Company to achieve its projected results and may cause actual results to differ materially from those expressed herein.

 NASCAR® is a registered trademark of the National Association of Stock Car Auto Racing, Inc.

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