EnerSys Announces New Global Technology Center

 

READING, Pa., April 23, 2018 (GLOBE NEWSWIRE) -- EnerSys (NYSE:ENS), the global leader in stored energy solutions for industrial
applications, today announced the opening of the EnerSys Global Technology Center in Reading, PA, which will serve as the new hub for
the Company’s core engineering and technology team. The EnerSys Global Technology Center will be located at the current Arrow
International, Inc. (a subsidiary of Teleflex Incorporated) facility in Bern Township, PA, which is adjacent to the EnerSys global
headquarters.

EnerSys has entered into a binding purchase agreement with Arrow to purchase the facility and land, subject to customary closing
conditions. Closing is expected to occur on or before December 31, 2019. EnerSys is currently leasing space in the facility and plans to
transition its engineering and technology personnel to the facility in stages over the next few years, concurrent with Arrow relocating its
employees to other locations. Upon the closing of the transaction, the EnerSys Global Technology Center will be able to accommodate
approximately 250 employees and has over 100,000 square feet of laboratory space.

The establishment of the Global Technology Center consolidates into one location existing engineers who have been developing EnerSys’
new modular lithium product systems, including advanced lithium battery packs, electronics, software and chargers for motive and reserve
power applications. EnerSys is also selectively hiring additional engineers, and other technical professionals with deep expertise in the
specific battery chemistries and end-market industries being targeted for their exciting future growth prospects.

“As EnerSys continues to develop and invest in new and advanced energy storage technologies, it is imperative that we have a centralized
space for our core technology employees that fosters creativity and problem solving, and is designed to promote collaboration,
communication, efficiency and learning,” said Joern Tinnemeyer, Chief Technology Officer of EnerSys. “Our Global Technology Center will
also become a prominent destination for current and future customers to visit as we work together in a collaborative effort to achieve
additional technological breakthroughs and constantly improve upon the performance characteristics of next-generation stored energy
solutions.”

“This is a very exciting time for EnerSys. The Global Technology Center will be key to our future by helping us centralize our core
technology and engineering functions, creating greater collaboration among our team and ensuring we stay on the cutting edge of
technology over the long term,” stated David Shaffer, President and Chief Executive Officer of EnerSys.

Caution Concerning Forward-Looking Statements
This press release, and oral statements made regarding the subjects of this release, contains forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act, including statements regarding EnerSys’ expectations
and intentions. The forward-looking statements are based on management’s current views and assumptions regarding future events and
operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies and
changes in circumstances, many of which are beyond EnerSys’ control. The statements in this press release are made as of the date of
this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation
to update or revise these statements to reflect events or circumstances occurring after the date of this press release.

For more information, contact Thomas O’Neill, Vice President & Treasurer, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel:
610-236-4040 or by emailing investorrelations@enersys.com; Web site: www.enersys.com.