Ultralife Receives $4.4 M in Military Battery Orders(Newark, N.Y., January 28, 2008) -- Ultralife (NASDAQ: ULBI) has received orders worth a combined value of approximately $4.4 million from the U.S. Defense Department for its BA-5390 with state-of-charge indicator and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin this quarter and be completed in the third quarter.
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Source : Ultralife Corporation