FT. WORTH, Texas, Feb. 12, 2015 /PRNewswire/ -- Galenfeha, Inc., (OTCBB: GLFH) is proud to announce to current as well as future investors a successful milestone regarding efforts to diversify market share of the Company's patent-pending, LiFePO4 battery systems.
Galenfeha, Inc. has developed and tested a battery system specifically designed for the golf cart industry that presents as a paradigm shift in an environment historically dominated by lead/acid chemistry. Client experience with regards to physical maintenance and re-charge management is vastly improved with the new form factor. The Galenfeha system requires no water and the OEM charging system is retained. Overall weight plays a huge role in the lifespan and performance of electric carts. The Galenfeha system answers the call with a solid 70% (335lb as tested) reduction in battery mass over conventional lead/acid units. Stable voltage and current delivery are crucial to the technology built into today's state of the art carts. The LiFePO4 chemistry in the Galenfeha product line delivers up to a 40% increase in usable voltage under the performance curve which stabilizes current demand under the most taxing of today's echelon level courses. Benefits include, but are not limited to:
- No heavy metal or acid content. Completely dry chemistry
- No corrosive content whatsoever
- 70% (335lb as tested) weight savings
- 25% reduction in current demand from the motor extends component life
- 90% charge efficiently lowers effective charge time and lowers energy bill
- Battery compliment is lowered from six batteries to four (48V system)
- Proprietary Galenfeha internal battery management system specifically designed for the vehicle
- Discharges less than 10% per year when left dormant
- Carts may be charged at the end of the season and removed from the charger without fear of sulfation and state of charge degradation
- Short circuit protection controlled
- Low voltage cut-off prevents over discharge
- Utilizes factory charger
- Auxiliary, 12V connection terminals that are autonomous to the main leads allow for 12-48V accessories to be connected without the need for extra batteries
- Increased improvement in 100' acceleration testing
- Recent testing consists of a 50 mile scenario of continuous stop and go operation under a single charge cycle
- Fully charged voltage was recorded as 13.5VDC and was observed to be 13.03VDC following the 50 mile evaluation study
James Ketner, Chief Executive Officer of Galenfeha, stated, "This new product direction strikes at the heart of what has been the premise of Galenfeha from the beginning. Our consistent forward reaching goal for the Company and our shareholders is to continue to innovate, engineer, and manufacture meaningful products that have a lasting value for the people and industries that we touch."
About Galenfeha, Inc.:
Galenfeha (OTCBB: GLFH) is a design, engineering, and manufacturing firm with a focus on stored energy and a conscious pursuit of low environmental impact product development. Galenfeha also proudly designs, manufactures and markets a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for measurement and automation as well as a full line of proprietary chemical injection systems.
For more information on Galenfeha's products and services, please visit www.galenfeha.com.
Contact:
LaNell Armour
Director
Galenfeha, Inc.
[email protected]
773-879-6384
Forward-Looking Statements: Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and "appears," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization, or technological difficulties; the regulatory and trade environment; the impact of reimbursement rates and coverage; and the risk factors reported from time to time in the Company's SEC reports. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.
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SOURCE Galenfeha, Inc.
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