GS YUASA LITHIUM POWER AWARDED 2018 BOEING SUPPLIER OF THE YEAR FOR INNOVATION

Roswell, Georgia, May 16, 2019 – GS Yuasa Lithium Power (GYLP) was presented with the 2018 Supplier of the Year Award from The Boeing Company (Boeing) in the category of Innovation at the 2019 Boeing Global Supplier Conference in Los Angeles, California.

GYLP and Boeing entered into a Long-Term Agreement in April 2016 for the supply of a range of space qualified lithium ion battery cells. These cells can be deployed across Boeing's Geostationary and Low and Medium Earth Orbit satellite portfolios in support of both commercial and government applications.

"GS Yuasa worked with Boeing to understand the mission requirements of their satellite platforms in order to offer energy solutions that meet their needs," stated William Moll, former President of GYLP and current Chairman of the Board. "As Boeing's satellite platforms grow and evolve, the energy requirements are expected to grow as well. GS Yuasa has developed a lithium ion cell technology roadmap to be ready to meet the challenge."

Curtis Aldrich, the President of GYLP commented, "We are humbled to be the recipient of this honor. This recognition of our ongoing commitment to excellence is truly appreciated. This award recognizes not only the hard work of the GS Yuasa team to provide best-in-class products and service, but also acknowledges GS Yuasa's vision of continual enhancement of our space qualified cell portfolio. The Generation 4 chemistry of GS Yuasa Technology's (GYT, Kyoto, Japan) LSE product line allows Boeing to increase the energy density in their satellite platforms without changing the existing space qualified battery designs."

About GS Yuasa Technology, LTD (GYT)
GS Yuasa Technology is a subsidiary of GS Yuasa Corporation located in Kyoto, Japan. GYT designs and manufacturers lithium-ion cells for aerospace and specialty applications. 1-37 Osadano-cho Fukuchiyama-shi Kyoto pref. 620-0853, Japan Phone: 81-773-20-2630

About GS Yuasa Lithium Power
GS Yuasa Lithium Power, Inc. is the United States subsidiary of GS Yuasa focused on large format lithium ion battery system manufacturing for US customers. Primary products are lithium-ion battery systems for aerospace, defense, commercial, and industrial applications. http://gsyuasa-lp.com/

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For additional information, please contact:

GS Yuasa Lithium Power, Inc

1150 Northmeadow PKWY Suite 118 Roswell, GA 30076 USA 888.GSYUASA (888.479.8272) 678.892.7501 (fax) media@gsyuasa-lp.com

http://www.gsyuasa-lp.com