Advanced Battery Technologies to Present At Cowen and Company's Clean Energy Conference


NEW YORK and HARBIN, China, Sept. 5, 2008 (GLOBE NEWSWIRE) -- Advanced Battery Technologies, Inc. (Nasdaq:ABAT) today announced that its Chief Financial Officer, Mr. Taylor Zhang, will be presenting at Cowen and Company's Clean Energy Conference on September 10, 2008 at 4:30 p.m. (ET) at Le Parker Meridien Hotel in New York City.

At the conference, Mr. Zhang will discuss Advanced Battery Technologies' business strategy, and will review the Company's recent accomplishments and financial results. The presentation will be broadcast live over the Internet. Those interested in listening to the live audio webcast should log on to http://www.corporateir.net/ireye/confLobby.zhtml?ticker=ABAT&item_id=1927521

About Advanced Battery Technologies, Inc

Advanced Battery Technologies, Inc., founded in September 2002, develops, manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. The Company's products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other electronic devices. ABAT's batteries combine high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries. The Company has a New York office, with its executive offices and manufacturing facilities in China. For more information about Advanced Battery Technologies, Inc. (ABAT), please visit: http://www.abat.com.cn.

Safe Harbor Statement:

This press release contains forward-looking statements, including statements regarding a financing of the company and the potential conversion of warrants into common stock of the company for additional consideration. The financing, including the conversion of warrants, and the timing for any such conversion, is dependent on risks and uncertainties, including, among others, the satisfaction of certain closing conditions in respect of the financing; the valuation of the company's common stock; the development and commercialization of the company's products, including, without limitation, the potential expansion of assembly lines; and the factors described under the Risk Factors Section of our Annual Report on Form 10-KSB filed with the Securities and Exchange Commission for the period ended December 31, 2007. Advanced Battery Technologies cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. These statements speak only as of the date of this document, and Advanced Battery Technologies undertakes no obligation to update or revise the statements. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Advanced Battery Technologies' business is subject to substantial risks and uncertainties, including those identified above.

About Cowen and Company:

Cowen and Company's success and growth during the past decade of tumultuous consolidation and change in investment banking is a result of the power of our focus. The company's foundation of unsurpassed research, trading and investment banking excellence centered around the key sectors of growth in our economy, including Health Care, Technology, Media & Telecommunications, Consumer, Aerospace & Defense, and Alternative Energy, has served us well. Nearly 90 years of successful growth through bull and bear markets is a testament to the recognition that our principal product is knowledge, and meeting the demands of our clients is our first order of business. We are convinced that the fundamental tenets that served us so well in the past century -- uncompromising service, time-honored ethics, and a dedication to helping investors capitalize on change -- will serve us well in this century.



            

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