Nano battery company close to distribution deal

June 19, 2006 – Advanced Battery Technologies Inc. (OTC.BB: ABAT), a developer and manufacturer of rechargeable Polymer-Lithium-Ion (PLI) batteries, announced that it has signed a memorandum of understanding with Lefeber Management Ltd., a company located at Laiden, the Netherlands, for Lefeber to act as Advanced Battery’s agent to distribute its polymer lithium-ion battery and nanometer material battery in the region of Europe for a period of two years.

The memorandum provides that Lefeber pay in advance for shipment of products ordered, and reach a minimum of $3 million of annual sales to maintain agency status, among other terms and provisions.

Advanced Battery Technologies, Inc. founded in September 2002, develops, manufactures, and distributes rechargeable polymer lithium-ion (PLI) batteries. The company’s products include PLI batteries for electric vehicles, motorcycles, mine-use lamps, cell phones, notebook computers, and other personal electronic devices.

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