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Advanced Battery Technologies, Inc.: Advanced Battery Technologies, Inc. Signs MOU of Distributor Agency for European Market With Lefeber Management Ltd.

Fri, 9 Jun 2006 9:02:00 PDT

HARBIN, CHINA (MARKET WIRE) Advanced Battery Technologies, Inc. (OTCBB: ABAT), a developer and manufacturer of rechargeable Polymer-Lithium-Ion (PLI) batteries, today announced that it has signed a memorandum of understanding ("MOU") with Lefeber Management Ltd. ("LML"), a Dutch company located at Laiden, the Netherlands, for LML to act as ABAT's agent to distribute ABAT's polymer lithium-ion battery ("PLI

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