FT. WORTH, Texas, Feb. 12, 2015 /PRNewswire/ -- Galenfeha, Inc.,
(OTCBB: GLFH) is proud to announce to current as well as future
investors a successful milestone regarding efforts to diversify
market share of the Company's patent-pending, LiFePO4 battery
systems.
Galenfeha, Inc. has developed and tested a battery system
specifically designed for the golf cart industry that presents as a
paradigm shift in an environment historically dominated by
lead/acid chemistry. Client experience with regards to
physical maintenance and re-charge management is vastly improved
with the new form factor. The Galenfeha system requires no
water and the OEM charging system is retained. Overall weight
plays a huge role in the lifespan and performance of electric
carts. The Galenfeha system answers the call with a solid 70%
(335lb as tested) reduction in battery mass over conventional
lead/acid units. Stable voltage and current delivery are
crucial to the technology built into today's state of the art
carts. The LiFePO4 chemistry in the Galenfeha product line
delivers up to a 40% increase in usable voltage under the
performance curve which stabilizes current demand under the most
taxing of today's echelon level courses. Benefits include,
but are not limited to:
- No heavy metal or acid content. Completely dry
chemistry
- No corrosive content whatsoever
- 70% (335lb as tested) weight savings
- 25% reduction in current demand from the motor extends
component life
- 90% charge efficiently lowers effective charge time and lowers
energy bill
- Battery compliment is lowered from six batteries to four (48V
system)
- Proprietary Galenfeha internal battery management system
specifically designed for the vehicle
- Discharges less than 10% per year when left dormant
- Carts may be charged at the end of the season and removed from
the charger without fear of sulfation and state of charge
degradation
- Short circuit protection controlled
- Low voltage cut-off prevents over discharge
- Utilizes factory charger
- Auxiliary, 12V connection terminals that are autonomous to the
main leads allow for 12-48V accessories to be connected without the
need for extra batteries
- Increased improvement in 100' acceleration testing
- Recent testing consists of a 50 mile scenario of continuous
stop and go operation under a single charge cycle
- Fully charged voltage was recorded as 13.5VDC and was observed
to be 13.03VDC following the 50 mile evaluation study
James Ketner, Chief Executive
Officer of Galenfeha, stated, "This new product direction strikes
at the heart of what has been the premise of Galenfeha from the
beginning. Our consistent forward reaching goal for the
Company and our shareholders is to continue to innovate, engineer,
and manufacture meaningful products that have a lasting value for
the people and industries that we touch."
About Galenfeha, Inc.:
Galenfeha (OTCBB: GLFH) is a design, engineering, and
manufacturing firm with a focus on stored energy and a conscious
pursuit of low environmental impact product development.
Galenfeha also proudly designs, manufactures and markets a complete
line of patent pending, microprocessor controlled, LiFePO4
chemistry battery systems for measurement and automation as well as
a full line of proprietary chemical injection systems.
For more information on Galenfeha's products and services,
please visit www.galenfeha.com.
Contact:
LaNell Armour
Director
Galenfeha, Inc.
larmour@galenfeha.com
773-879-6384
Forward-Looking Statements: Except for historical information
contained in this release, the matters discussed are
forward-looking statements that involve risks and uncertainties.
When used in this release, words such as "anticipate," "believes,"
"estimate," "expect," "should," "intend," "projects," "objective,"
and "appears," and similar expressions, as they relate to the
Company or its management, identify forward-looking statements.
Such forward-looking statements are based on the beliefs of the
Company's management, as well as assumptions made by and
information currently available to the Company's management. Among
the factors that could cause actual results to differ materially
are the following: the effect of business and economic conditions;
the impact of competitive products and pricing; capacity and supply
constraints or difficulties; product development,
commercialization, or technological difficulties; the regulatory
and trade environment; the impact of reimbursement rates and
coverage; and the risk factors reported from time to time in the
Company's SEC reports. The Company undertakes no obligation to
revise any forward-looking statements as a result of future events
or developments.
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SOURCE Galenfeha, Inc.
