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April 27, 2011

ICCNexergy Unveils New Identity and Expansion Plans

ICCNexergy, Inc. announced the introduction of its new corporate identity. Formed in 2010 with the merger of International Components Corporation, Inc. and Nexergy, Inc., ICCNexergy™ designs and manufactures custom battery packs, chargers, and power systems for portable devices, stationary backup power, and motive power applications.

In addition to the launch of its new brand, ICCNexergy has released details of its expansion plans for its engineering and manufacturing facilities. Beginning with its battery manufacturing plant in Columbus, OH, which will be transitioned into a business development hub for North America, ICCNexergy is consolidating its resources and placing engineering and manufacturing resources in closer proximity to better serve its North America, Europe, and Asia based customers.

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In Colorado, where the company’s primary North American engineering team already resides, ICCNexergy is opening a new 10,000 square foot manufacturing facility to provide closer proximity for key customers and market segments in the western half of the United States.

In addition to the expansion of its Colorado facilities, ICCNexergy is also doubling the size of its manufacturing capabilities in Mexico. The move in Mexico will provide ICCNexergy with more efficient manufacturing throughput and more competitive product offerings for its North American clients.

At its wholly owned, vertically integrated manufacturing facility in Qing Xi, China ICCNexergy is expanding its production capacity by approximately 30% to match overall business growth and operational objectives. ICCNexergy is also increasing engineering staff by 25% and expanding office space in its state of the art Asia Design Center located in Guang Zhou, China. The company expects these expansions to enhance product development efficiency and provide a faster time to market for new customer programs.

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Moving forward, approximately 75% of ICCNexergy’s manufacturing will be done in China with 15% done in Mexico and 10% in Colorado. Additionally, 75% of the company’s engineering development will reside in China with the other 25% being performed in Colorado.

"With the merger of ICC and Nexergy, we’re very pleased to roll out our strategy for better servicing our customer base worldwide," said Stephen McClure, CEO of ICCNexergy, Inc. "Our goal is to provide the very best customer experience in the rechargeable power systems industry. We expect our new brand and web site, accompanied by the expansion plans we are undertaking, to further set ICCNexergy apart as the industry benchmark."

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