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Ultralife Corporation Reports Fourth Quarter Results

February 17, 2011 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) reported operating income of $1.9 million, excluding a previously disclosed $13.8 million non-cash asset impairment charge, on revenue of $49.8 million for the quarter ended December 31, 2010. For the fourth quarter of 2009, the company reported operating income of $1.6 million on revenue of $50.4 million. Gross profit for the fourth quarter of 2010 was $12.5 million, or 25.2% of revenue, compared to $11.9 million, or 23.7% of r



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Ultralife Corporation Receives $5.5 Million Land Warrior Battery and Charging System Contract

December 7, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received a contract valued at approximately $5.5 million to supply its suite of Land Warrior Lithium non-rechargeable batteries and rechargeable Lithium Ion batteries and charging systems from a major international defense contractor for use with the Land 200 Battle Management System by the Australian military. Deliveries are expected to begin in the first quarter of 2011 and be completed by the fourth quarter of 2012. “Our



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Ultralife Corporation to Present at Stephens Inc. Fall Investment Conference

November 8, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) will be presenting at the Stephens Inc. Fall Investment Conference at the New York Palace Hotel in New York City on November 16. Ultralife management is scheduled to give a presentation at 8:30 AM Eastern Time. A live webcast of the presentation will be available in the Investor Relations section of the company’s website, http://investor.ultralifecorp.com. About Ultralife Corporation Ultralife Corporation, which began as a batte



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Ultralife Corporation to Report Third Quarter Results on October 28, 2010  

October 14, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) will report its third quarter 2010 results for the period ended September 26, 2010 before the market opens on Thursday, October 28, 2010. Ultralife management will host an investor conference call at 10:00 AM ET also on October 28, 2010. Investors are invited to access a live webcast of the conference call in the Investor Info – Event Calendar section of the company’s website: http://investor.ultralifecorp.com. A replay of the w



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Ultralife Corporation Receives $5.2 Million Follow-On Order for its BA 5390 Military Batteries from Defense Logistics Agency

September 30, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received an order valued at $5.2 million from the Defense Logistics Agency (DLA) for its BA-5390 battery. This order represents the second release under the 5-year Indefinite Quantity Contract that commenced on September 14, 2010. Deliveries under this order are anticipated to occur in the first half of 2011. About Ultralife Corporation Ultralife Corporation, which began as a battery company, serves its markets with products



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Ultralife Corporation Receives $1.3 Million Order for its BA 5390 Military Batteries from Defense Logistics Agency

September 28, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received an order valued at $1.3 million from the Defense Logistics Agency (DLA) for its BA-5390 battery. This order represents the first release under the 5-year Indefinite Quantity Contract that commenced on September 14, 2010. DLA has estimated the demand value for the base year at $5.3 million and has estimated the total award not to exceed $42.1 million. Deliveries under this order are anticipated to occur in the first



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Ultralife Corporation to Present at Western New York Investors Conference

September 20, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) will be presenting at the Western New York Investors Conference in Buffalo, New York on September 24th, 2010. Ultralife management is scheduled to give a presentation at 9:30 AM Eastern Time. A live webcast of the presentation will be available in the Investor Relations section of the company’s website, http://investor.ulbi.com. About Ultralife Corporation Ultralife Corporation, which began as a battery company, serves its marke



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Ultralife Corporation Receives Award for its BA 5390 Military Batteries from Defense Logistics Agency

September 17, 2010 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received an Indefinite Quantity Contract to source its BA 5390 batteries to the Defense Logistics Agency (DLA). The award consists of one base year, commencing on September 14, 2010, with four option years to be exercised in one-year increments at the discretion of the Government. DLA has estimated annual demand value for the base year at $5.3 million and has estimated the total award not to exceed $42.1 million. “We are ple



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Ultralife Corporation Receives $2.5M Order for Land Warrior Batteries and Chargers

December 31, 1969 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received an order valued at approximately $2.5 million for its Land Warrior batteries and chargers from the U.S. Defense Department. The contract is for lithium ion rechargeable batteries as well as vehicle, bulk and individual soldier-based chargers. Deliveries are expected to begin this quarter and be completed by the third quarter of 2010. The Land Warrior product suite was originally developed as a man-portable power sys



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Ultralife Corporation Receives $2 Million in Orders from U.S. Defense Dept.

December 31, 1969 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has received orders valued at approximately $2 million from the U.S. Defense Department for its McDowell Research brand MRC-93 Ultimate Battery Eliminators for use by both the U.S. Army and Marine Corps. Deliveries are expected to be completed in the 2nd quarter of 2010. The MRC-93 (National Stock Number 6130-01-520-8178) is a universal self-contained battery eliminator that connects directly to a radio transceiver replacing the



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Ultralife Corporation Names Steven M. Anderson to Board of Directors

December 31, 1969 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) announced that Brigadier General, US Army (Retired) Steven M. Anderson has joined its board of directors, effective April 13. General Anderson fills the vacancy on the board created by the retirement of General Daniel W. Christman on March 24. General Anderson, 53, brings more than 31 years’ experience in US Department of Defense operations. Anderson, a career military officer, retired from active duty in November 2009. Most rec



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Ultralife Corporation Awarded $1.5 Million by NYSERDA for Advanced Lithium Ion Battery Energy Storage System for SUNY Canton Wind Turbine

December 31, 1969 by · Comment
Filed under: Syndicated Industry News 

NEWARK, N.Y.–(BUSINESS WIRE)–Ultralife Corporation (NASDAQ: ULBI) has been awarded a total of $3 million by the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA) following its successful application for grant funding under NYSERDA Program Opportunity Notice 1670. NYSERDA has awarded $1.5 million and NYPA is providing an additional $1.5 million in co-funding to support the battery project. Ultralife will use the funding to demonstrate its



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