Press Release

Lithium-Ion Battery Maker EnerDel Enters Utility Energy Storage Market, Will Supply New DOE-Backed Smart Grid Program
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from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

SOURCE Ener1, Inc.

Investor Relations: Rachel Carroll, Ener1, Inc., +1-212-920-3500, rcarroll@ener1.com; or Media Relations, Jon Coifman, Waggener Edstrom Worldwide, +1-212-551-4815, jcoifman@waggeneredstrom.com