EnerSys, the global leader in stored energy solutions for industrial applications, and Ioxus Inc., a leading manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, have entered a joint product development and marketing agreement.

Under the agreement, EnerSys and Ioxus will develop and market new products that leverage the strengths and benefits of combining EnerSys battery technologies with Ioxus ultracapacitor technology.

The EnerSys and Ioxus' cooperation will focus on creating products to address regenerative braking and energy recovery in the material handling markets, and other major markets, including the UPS bridge to generator markets, the automotive and heavy truck critical and cold start markets, and the energy storage/power conditioning markets.

"The combination of EnerSys battery technology with Ioxus ultracapacitor technology will benefit many vertical markets in need of high-performance, extended energy storage life under harsh environmental conditions, including select automotive markets," said Mark McGough, CEO of Ioxus.

"We are pleased to be working with Ioxus, the up-and-coming leader in the ultracapacitor field. This partnership further enhances the solutions EnerSys provides to our global customers. By utilizing the unique performance of the Ioxus ultracapacitors with the broad portfolio of EnerSys products, we expect to dramatically expand the markets we compete in. Additional benefits users can expect are in both stand alone and hybrid applications," said John Gagge, Vice President of EnerSys America's Reserve Power Sales and Service.

EnerSys, the world leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. Motive power batteries are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including aerospace and defense systems.

Ioxus manufactures premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets. The company offers the highest power and energy density ultracapacitors and hybrid capacitors ranging in size from 100 Farads to 3,000 Farads in cylindrical and flat laminated form factors.