The 6 month program, run by Vendum, will create multiple prototype materials and run extensive tests, the results of which will be used to develop functioning battery prototypes over the coming 18 months, but should also take us in new directions other than clean energy.

CEO Fraser Cottington comments, “As a company on the cutting edge of battery technology, research and development plays a vital role in our growth strategy. We are extremely excited about the program and I have no doubt the findings will open up fantastic opportunities for collaborative partnerships. We also look forward to the prospect of developing further intellectual property in the clean energy storage market, including cellulose paper based super capacitors.”

Vendum is currently developing a Carbon Nanotube (CNT) and cellulose-based power source, ultimately aimed at revolutionizing the way we power mobile device to cars. Composed primarily of cellulose, raw materials are abundant across the world and fully biodegradable, therefore cost effective and harmless to the planet and people.

About Vendum Batteries, Inc.

Vendum Batteries has a pending patent on a non-toxic, cellulose and CNT based light-weight battery. The paper-thin battery contains none of the toxic elements used in conventional batteries, such as mercury, lead, chromium, or cadmium. Our cutting edge carbon nanotube and cellulose-based technology makes it entirely biodegradable. The Vendum Battery will be developed from its current low power capacity, to soon accommodate the ever-increasing global demand for durable battery power for cell phones, iPods, human implants and eventually electrical vehicles etc.

Americans purchase around 5 billion batteries, leaving 146,000 tons of battery waste behind, and given that the worldwide personal battery use is a growing $63 billion industry, the potential of this revolutionary non-toxic technology could be enormous.

Vendum Batteries, Inc.’s Trading Symbols

Vendum Batteries, Inc. trades Over The Counter As OTCBB:VNDB, VNDB.OB, VNDB.OTCBB, VNDB

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OTCBB:VNDB, VNDB.OB, VNDB.OTCBB, VNDB

The symbols “OTCBB:VNDB, VNDB.OB, VNDB.OTCBB, VNDB” reflect the variety of methods Vendum Batteries Inc lists their stock as, and were valid at the time of original publication of this press release.