Courtesy thestreet.com
MILTON, Ga., Oct. 14, 2010 (GLOBE NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE), a global leader in stored electrical-energy solutions, announced that it will be aligning its global industrial businesses under a common name effective immediately. The new name for this division of Exide Technologies is GNB ® Industrial Power. These changes affect only the names of the global industrial divisions, not the types of products manufactured and marketed or any other aspect of this business.
"I am confident that this change will help strengthen us as a company going forward as we leverage the power of our industrial businesses around the world under one common name," said Jim Bolch, CEO and President, Exide Technologies. "We will continue to provide our Industrial customers around the world with the highest levels of professional service, advanced technologies and competitive solutions."
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