Fast Growing Contour Energy Systems Doubles Size of Company Headquarters With Major Expansion of Manufacturing Production Line
Ribbon Cutting Ceremony Featuring Congresswoman Dr. Judy Chu Celebrates Production Ramp Up for Next-Generation Battery Company
AZUSA, CA – July 7, 2010 – Contour Energy Systems, Inc. an innovative portable power company commercializing next-generation battery systems, today announced the unveiling of a significant expansion of a state-of-the-art manufacturing plant at its company headquarters featuring the first of several production lines that will produce a variety of commercial battery systems this year. With an additional 15,000 square feet of manufacturing space, Contour is preparing to ramp up production to meet global demand for its next-generation portable power solutions that will address automotive, military, medical device and consumer applications..
To celebrate its new manufacturing plant expansion, Contour is hosting a ribbon cutting ceremony at its company headquarters featuring Congresswoman Dr. Judy Chu from the 32nd Congressional District. Chairman of the Board Maurice Gunderson, senior partner at CMEA Capital, one of Contour’s investors, and Joe Fisher, CEO of Contour are featured speakers at today’s event. Also in attendance is Joseph R. Rocha, Mayor of the City of Azusa and H. Manuel Ortiz, Mayor of the City of Irwindale.
“In the midst of this tough recessionary period, my district is fortunate to have such an innovative and fast growing technology company that is creating jobs and stimulating the economy with new portable power solutions creating worldwide demand,” said Congresswoman Judy Chu. “It’s an honor to be a participant in today’s ribbon cutting that marks a significant milestone, not only for Contour, but for the Southern California economy and U.S. battery industry as well.”
Contour’s expanded manufacturing operations feature specialized production and lab equipment delivering new processes that will be used to commercialize its breakthrough advancements in fluorine-based battery chemistries and nanomaterials science.
“In addition to having a significant portfolio of intellectual property that is reshaping portable power well beyond the power and energy density levels of primary lithium systems, Contour is targeting underserved markets that are hungry for their technology,” said Maurice Gunderson. “From tire pressure monitoring systems, to defibrillators to unmanned aerial vehicles and beyond, Contour battery systems will have broad, global demand. Today’s expansion of their manufacturing capabilities marks a major turning point in the company’s lifecycle.”
Today’s manufacturing plant expansion comes on the heels of Contour’s establishment of a limited subsidiary in the United Kingdom.
“2010 has been a year of extraordinary growth for Contour,” said Joe Fisher. “We’ve made huge strides in refining our innovative technology that will produce battery systems in multiple form factors with unprecedented levels of performance offering higher power and energy densities, extended service life, and uninterrupted operation under extreme temperature conditions. Today’s manufacturing expansion sets the stage for the first wave of breakthrough battery systems from Contour.”
About Contour Energy Systems
Contour Energy Systems is an innovative portable power company commercializing customizable battery technologies for a wide range of cross-industry applications. Contour's next-generation battery systems are designed to deliver unprecedented improvements in energy and power density, and are capable of performing in extreme operating conditions at significantly improved costs. Founded through the collaboration of CalTech and CNRS, the French National Center for Scientific Research, the company combines expertise in nano-materials science, patented Fluorine-based battery chemistries and manufacturing processes to significantly advance the state of portable power. Headquartered in Azusa, CA, Contour Energy is managed by a world-class team of battery industry leaders from CalTech, Energizer, Duracell, ConocoPhillips, Hewlett-Packard and Ultralife. The company is privately held with funding from CMEA Capital, Harris and Harris, Schlumberger and US Venture Partners.
