PosiCharge Maker AeroVironment Promotes National Forklift Safety Day
- AeroVironment opportunity and fast charging solutions for electric forklifts reduce the number of
batteries and the need for battery rooms, therefore improving safety
- Battery Rx™ reduces the number of batteries consumed, helping cut industry’s carbon footprint and
emissions
- Connect Rx™ promotes industry leading operational safety by detecting abnormalities at cable
connections during charging
- AeroVironment electric forklift chargers help reduce toxic fumes generated by IC forklifts by
promoting and enabling the efficient use of electric forklifts
AeroVironment, Inc. (NASDAQ: AVAV), a leading supplier of industrial fast and opportunity charging solutions for
electric forklifts, is proudly participating this week in the Industrial Truck Association’s (ITA) National Forklift Safety
Day.
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AeroVironment has developed the industry's first electric forklift charger to enable charger configuration and
management via mobile app. (Photo: Business Wire)
National Forklift Safety Day is an important opportunity each year for companies to highlight the safe use of forklifts and
support equipment, including batteries and chargers.
According to Compliance and Safety Statistics, more than 100,000 forklift accidents occur every year, costing businesses an
estimated $135 million. In addition, one in six workplace deaths is caused by forklift accidents. Forklift accidents have a
significant impact on employees’ and customers’ health and satisfaction, hence the importance of promoting National Forklift Safety
Day throughout the year.
National Forklift Safety Day will be held this year on June 14, 2016, from 9 a.m. to 11 a.m. ET at the Hyatt Regency Hotel on
Capitol Hill, 400 New Jersey Avenue, Washington, DC. This event will feature speakers from the Occupational Health and Safety
Administration, the National Safety Council, key industry representatives and the chairman of the congressional OSHA Oversight
Subcommittee.
Ken Karklin, general manager and vice president of the Efficient Energy Systems business segment at AeroVironment, said the
company strongly promotes the importance of National Forklift Safety Day, emphasizing the value of all stakeholders committing to a
greater focus on this important topic, not just on one day, but throughout the entire year. “Safety has always been a top priority
for AeroVironment, with an added focus on forklift safety since we started developing fast chargers for electric forklifts more
than 15 years ago.” he said. “Our goal remains improving environmental quality and safety by promoting and enabling the efficient
use of zero emission electric forklifts. Our advanced monitoring and telematics technology, including Battery Rx™ and Connect Rx™,
protect valuable assets and minimize the need to acquire or change batteries, thus reducing cross plant traffic and related
accidents.”
AeroVironment’s Battery Rx is a fleet management solution designed to manage battery charging more efficiently than existing
methods, enhancing productivity and reducing operational costs. By monitoring and sufficiently charging a single battery in the
forklift, Battery Rx delivers cost savings and helps reduce a fleet’s carbon footprint and pollution by extending battery life and
reducing the number of batteries consumed.
AeroVironment engineers developed Connect Rx, a standard feature on PosiCharge™ ProCore, to detect potential hazards before they materialize. Connect Rx is an advanced cable
connector health monitoring technology that detects connector abnormalities during charging sessions. It immediately alerts users
to possible charger and battery output issues that could potentially result in injuries to employees.
Karklin said AeroVironment’s design safety begins at the product concept stage and continues through manufacturing and training.
“We leverage new technologies continuously to improve safety for all our new and existing products. We believe it’s important to
join with the Industrial Truck Association and other manufacturers in continuing to enhance product safety and promote awareness
about safety throughout the entire industry year-round,” he added.
About AeroVironment
AeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio
of electric transportation solutions and electric-powered Unmanned Aircraft Systems (UAS). AeroVironment’s comprehensive EV charging solutions include the portable, dual-charging (120/240V) TurboCord, EV home charging, public
charging, fast charging, data collection, grid-integrated communications and complete installation, training and support services
for consumers, automakers, utilities, government agencies and businesses. AeroVironment’s industrial electric vehicle charging systems support thousands of electric materials handling vehicles in
mission-critical supply chains for Fortune 500 enterprises. AeroVironment’s power cycling and test systems provide EV developers and EV battery manufacturers with market-leading simulation
and cycling capabilities. More information is available at www.avinc.com and www.evsolutions.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private
Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions
that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors
outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or
implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not
limited to, our ability to perform under existing contracts and obtain additional contracts; our reliance on sales to the U.S.
government; changes in the timing and/or amount of government spending; changes in the supply and/or demand and/or prices for our
products and services; changes in the regulatory environment; the activities of competitors; failure of the markets in which we
operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current
products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and
description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission, including our
most recent Annual Report on Form 10-K and Quarterly Reports on 10-Q. We do not intend, and undertake no obligation, to update any
forward-looking statements, whether as a result of new information, future events or otherwise.
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AeroVironment, Inc.
Steven Gitlin, +1 (626) 357-9983
pr@avinc.com
or
for AeroVironment, Inc.
Mark Boyer, +1 (310) 229-5956
mark@boyersyndicate.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160614005481/en/