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Valence Technology Inc. (VLNC)

-NasdaqCM

0.69 Up 0.06(9.52%) May 25, 4:00PM EDT|After Hours: 0.69 0.00 (0.00%) May 25, 4:47PM EDT

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Valence Technology Inc.
12303 Technology Boulevard
Suite 950
Austin, TX 78727
United States - Map
Phone: 512-527-2900
Fax: 512-527-2910
Website: http://www.valence.com

Details 
Index Membership:N/A
Sector:Industrial Goods
Industry:Industrial Electrical Equipment
Full Time Employees:N/A

Business Summary 

Valence Technology, Inc. develops, manufactures, and sells energy systems utilizing its proprietary phosphate-based lithium-ion technology primarily in the United States and Europe. The company primarily offers U-Charge energy storage system, a family of products based on proprietary lithium iron magnesium phosphate technology; and custom lithium phosphate energy storage systems. Its products are used for various applications, such as all-electric and hybrid personal transporters, commercial fleet delivery vehicles, mass transit buses, floor cleaners, forklifts, medical carts, defibrillators, wheelchairs, robotics, hybrid yachts, and ocean going tug boats, as well as for back-up power applications. The company was founded in 1989 and is headquartered in Austin, Texas.

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Corporate Governance 
Valence Technology Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Robert L. Kanode , 62
Chief Exec. officer, Pres and Director
400.00K0.00
Mr. Roger A. Williams , 64
VP of Legal, Gen. Counsel and Sec.
200.00K0.00
Dr. Khoon Cheng Lim Ph.D., 67
Chief Technology Officer
250.00K0.00
Mr. Randall J. Adleman ,
VP of Sales & Marketing
423.00K0.00
Mr. Donald E. Gottschalk ,
Acting Chief Financial Officer, Principal Accounting Officer and Corp. Controller
N/AN/A
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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