A3 Global Acquires NuVant Systems and Grows it’s Hybrid and Electric Aftermarket Transportation Solutions

A3 Global, LLC, a next-generation company focused on the future of
transportation, announced today that it has completed the acquisition of
NuVant Systems, Inc. Terms of the transaction were not disclosed.

NuVant Systems is a worldwide provider of renewable battery technology.
NuVant makes electrochemical equipment for hybrid vehicle battery
reconditioning, fuel cells, batteries, and electrosynthesis, including
custom electronics and R&D. They repair, remanufacture, and sell hybrid
batteries to optimize and extend the life of batteries, giving them a second
life at a fraction of the cost of new batteries.

“Clean and renewable energy will be the future of transportation,” said
Michael Cardone III, CEO of A3 Global. “With hybrid and electric cars
becoming more commonplace on the roads, extending the life of batteries
using NuVant’s technology will be good for consumers, the economy, and the
planet.”

“This acquisition will allow us to more quickly commercialize our
technology,” said Dr. Eugene Smotkin, CEO of NuVant Systems. “NuVant’s
technology combined with A3 Global’s deep automotive market expertise will
accelerate the adoption of reconditioned and remanufactured batteries.”

Manufacturing and service operations will continue in NuVant’s Crown Point,
IN facility, and research and development will continue in NuVant’s Boston,
MA laboratory. Dr. Smotkin will become Senior Vice President of Research and
Development at A3 Global. He will continue his work at Northeastern
University’s College of Science, where he is Professor of Chemistry and runs
the Smotkin Lab, discovering better materials for clean energy sources and
processes through electrolytes and electrocatalytic materials.

A3 Global will leverage this acquisition in its goal to become the world
leader in hybrid and electric aftermarket transportation solutions.

About A3 Global
A3 Global keeps critical missions moving by designing, manufacturing, and
distributing essential parts, integrated systems, and electrification
solutions for commercial and military vehicles. We bring decades of
experience from the automotive, engineering, and government services
industries together to form a next-generation company focused on the future
of transportation.

For more information, visit http://www.a3global.com