Ioxus Named Edison Awards Finalist

ONEONTA, N.Y., Feb. 5, 2018 /PRNewswire/ -- uSTART^® by Ioxus, designers and manufacturers of smart power storage technology, has been named a 2018 Award Finalist by the internationally renowned Edison Awards™.   The distinguished awards, inspired by Thomas Edison's persistence and inventiveness, recognize innovation, creativity and ingenuity in the global economy.

"It's exciting to see companies like Ioxus continuing Thomas Edison's legacy of challenging conventional thinking," said Frank Bonafilia, Edison Awards' executive director.  "Edison Awards recognizes the game-changing products and services, and the teams that brought them to consumers."

The Ioxus uSTART is a battery replacement system that increases reliability of start, doubles battery and starter life, and lasts the life of the truck for OEM or retrofit applications. uSTART replaces one of the group 31 batteries and greatly reduces the number of replacement batteries a truck would require throughout its life. For a large fleet this could eliminate thousands of lead acid batteries saving millions of dollars and would eliminate thousands of tons of lead from the environment.

The uSTART module works by intelligently monitoring and supporting the vehicle's electrical bus, providing and absorbing power when required or available. Using just batteries can result in a wide range of results depending on load, age, temperature, and current state of charge. As a start is initiated, terminal voltage drops and the battery will discharge. The lower the voltage drops, the more current has to be supplied, further stressing the battery and starter.

Our Ioxus uSTART product family delivers high reliability for commercial vehicles, with applications like the package delivery industry, which continues to benefit from the growth of on-line merchandising," said Mark McGough, CEO and President of Ioxus, Inc.  "Our engineering, sales, and marketing teams have worked tirelessly to create a drop-in battery replacement product that has a powerful economic and environmental impact without causing a fleet undue installation and maintenance stress. We are very proud to be a finalist in the 2018 Edison Awards."

Edison Award nominees are judged by more than 3,000 senior business executives and academics from across the nation whose votes acknowledge the Finalists' success in meeting the award's stringent criteria of quality.  Award winners will be announced April 11, 2018 at the Edison Awards Annual Gala. The Edison Awards is a program conducted by Edison Universe, a 501(c)(3) charitable organization dedicated to the fostering of future innovators. For more information about the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.

About Ioxus

Founded in 2007, Ioxus is a Smart Power company that designs and manufactures smart power storage technology for transportation, alternative energy, medical, industrial and grid connected markets. The company offers the broadest range of ultracapacitor modules and systems, including the X-Series^® and uSTART^® families. Ioxus is headquartered in Oneonta, N.Y., with sales, service and quick-delivery inventory. For more information, visit www.ioxus.com 

SOURCE Ioxus

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