updated 1/19/2011 7:18:08 AM ET 2011-01-19T12:18:08

DALLAS, Jan. 19, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Ener1 Inc. (Nasdaq:HEV). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/HEV

Ener1 Inc. (HEV), an energy technology company, develops compact, lithium-ion-powered battery solutions for the transportation, utility grid storage and consumer markets. It has more than 700 employees with manufacturing locations in the United States and Korea. The Company also develops commercial fuel cell products, nanotechnology-based materials and manufacturing processes. In collaboration with strategic partner and electric vehicle manufacturer THINK, the Company also manufactures electric vehicle drive train products.

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In the report, the analyst notes:

"HEV signed a $40 million supply deal with a wholly owned subsidiary of the Federal Grid Company for a bulk energy storage program during the third quarter of 2010. The Company said the systems will be delivered and installed at the end of the first quarter in 2011 and commissioned in the second quarter of 2011. It stated that $36 million of revenue is expected to be recognized in the first half of 2011 and $4 million in the succeeding year.

"The third quarter of 2010 marked HEV's fifth quarter of sequential revenue growth. The Company has successfully launched commercial products in the transportation, grid energy storage and small format business verticals. It also announced the completion of its targeted capital raise of $160 million in 2010 through a combination of private and strategic investments."

To read the entire report visit: www.microstockprofit.com/lp/HEV

See what investors are saying about HEV at http://www.stockhideout.com

Get breaking news on HEV at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: Brian Johnson

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