Henderson, NV, Aug. 23, 2011 (GLOBE NEWSWIRE) -- K2 Energy Solutions (K2), a leading technology company, developing, manufacturing and selling advanced rechargeable lithium ion battery cells, packs and systems announced that it has been ranked NO. 79 in Inc. Magazine’s list of fastest growing privately held US companies.
K2 was founded in 2006 and has since experienced rapid adoption of its lithium ion rechargeable battery solutions in a wide range of applications, including aerospace, electric vehicles, mobility, industrial and medical equipment, among others. The technology is based primarily on lithium iron phosphate (LiFePo4) chemistry.
K2 CEO Johnnie Stoker commented that "K2’s ranking is extremely gratifying as it represents the hard work and sacrifice of our employees, who are dedicated to providing the best power solutions to our customers. We are particularly proud to be growing so rapidly and bringing sustainable, high quality jobs to the economically challenged Southern Nevada area without the subsidies provided to other companies in this space."
The 2011 Inc. 500|5000 and a K2 company profile will be available online at Inc.com on August 24, 2011, and the magazine's September issue will reach newsstands around the same time. According to Inc.com, "There are nearly 7 million private, employee-based firms in America. Only the very best are awarded the distinction of being named to the Inc. 500|5000, the gold standard of entrepreneurial success." The magazine has been a premier print publication for entrepreneurs and business owners for years, and is well known for its Inc. 500|5000 list.
ABOUT K2 ENERGY SOLUTIONS:
K2 Energy Solutions, Inc. (www.k2battery.com) was founded to develop and commercialize rechargeable battery systems for electric vehicles and a wide variety of energy storage applications for consumers, large commercial applications and the government. The company's battery systems are based on lithium iron phosphate cathode material whose inherent safety and low cost makes them ideal for the large format systems required for energy storage and EV applications.
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