IOXUS NAMED EDISON AWARDS FINALIST

uSTART® to be Recognized at Edison Awards Gala

 

Oneonta, NY - February 5, 2018 –Ioxus, designers and manufacturers of uSTART® smart power storage technology, has been named a 2018 Award Finalist by the internationally renowned Edison Awards™.   The distinguished awards, inspired by Thomas Edison’s persistence and inventiveness, recognize innovation, creativity and ingenuity in the global economy.

“Our Ioxus uSTART product family delivers high reliability for commercial vehicles, with applications like the package delivery industry, which continues to benefit from the growth of on-line merchandising," said Mark McGough, CEO and President of Ioxus, Inc.  "Our engineering, sales, and marketing teams have worked tirelessly to create a drop-in battery replacement product that has a powerful economic and environmental impact without causing a fleet undue installation and maintenance stress. We are very proud to be a finalist in the 2018 Edison Awards."

The Ioxus uSTART is a battery replacement system that increases starting reliability, extends battery and starter life, and lasts the life of the truck. Available for OEM or retrofit applications, uSTART directly replaces one of the standard SLI Group 31 batteries and reduces the number of batteries a truck would require through its service life. For a large fleet, uSTART could replace thousands of lead acid batteries saving millions of dollars and and eliminating thousands of tons of lead from the environment.

The uSTART module works by intelligently monitoring and supporting a vehicle's electrical bus, providing and absorbing power when required or available. Using just batteries can result in a wide range of results depending on load, age, temperature, and current state of charge. As a start is initiated, terminal voltage drops and the battery will discharge. The lower the voltage drops, the more current that has to be supplied, further stressing the battery and starter.

“It’s exciting to see companies like Ioxus continuing Thomas Edison’s legacy of challenging conventional thinking,” said Frank Bonafilia, Edison Awards’ executive director.  “Edison Awards recognizes the game-changing products and services, and the teams that brought them to consumers.”

Edison Award nominees are judged by more than 3,000 senior business executives and academics from across the nation whose votes acknowledge the Finalists’ success in meeting the award’s stringent criteria of quality.  Award winners will be announced April 11, 2018 at the Edison Awards Annual Gala. The Edison Awards is a program conducted by Edison Universe, a 501(c)(3) charitable organization dedicated to the fostering of future innovators. For more information about the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.

About Ioxus

Founded in 2007, Ioxus is a Smart Power company that designs and manufactures smart power storage technology for transportation, alternative energy, medical, industrial and grid connected markets. The company offers a broad range of ultracapacitor modules and systems, including the X-Series® and uSTART® families. Ioxus is headquartered in Oneonta, N.Y., with sales, service and quick-delivery inventory. For more information, visit www.ioxus.com 

Media Contact:
LaunchIt Public Relations
Mari McGowan, +585-278-5005
SVP of Marketing & Product Management
launchit@ioxus.com