Lithium-Ion Battery Developer Flux Power Receives Energy Storage System Compatibility Approval from Toyota and Raymond


Vista, Jan. 31, 2018 (GLOBE NEWSWIRE) -- - Flux Power® Holdings, Inc. (OTCQB: FLUX), a developer of advanced lithium-ion batteries for electric powered forklifts and airport ground support equipment, has received Energy Storage System compatibility approval from Toyota Material Handling USA with respect to Toyota truck model 8HBW23 and from Raymond Corporation with respect to Raymond truck model 8210. Each of these distinct models have been tested to be electrically compatible with Flux Power’s UL Listed S8 series, 24 Volt, lithium power packs, available in 95, 135 and 250 Ahe offerings. 

For new or aftermarket installs, please contact your local Toyota or Raymond Sales and Service Centers for assistance in complying with applicable government regulations and proper tagging.

Toyota Material Handling USA and Raymond Corporation are part of Toyota Material Handling North America, operating as separate brands with distinct products and distribution channels.

Compared to traditional lead-acid batteries used in forklifts, Flux LiFT Packs deliver longer run times, superior performance and increased life cycles. They also require no regular maintenance and provide lower total cost of ownership over the battery’s lifetime.  

Flux Power CEO, Ron Dutt, commented, “Toyota and Raymond are leaders in researching and commercializing new technologies to improve power and performance in the electric lift truck market. These approvals represent another step for Flux in achieving industry acceptance and expanding awareness for a lithium-ion battery pack that will benefit customers through lower operational costs and improved fleet efficiencies.”

Toyota Material Handling USA (TMHU) (
Proudly built in Columbus, Indiana, Toyota Material Handling USA offers a full line of material handling solutions including forklifts, pallet jacks, port equipment, aerial work platforms, tow tractors, and fleet services. Toyota’s commitment to quality, reliability, and customer satisfaction, has made it the top-selling forklift manufacturer in North America since 2002. There are more than 70 authorized Toyota Industrial Equipment dealers and more than 220 dealership locations offering comprehensive service and support, including one-stop shopping for both new and used forklifts, rentals, parts and service, and financing.

The Raymond Corporation (
The Raymond Corporation is a global provider of end-to-end warehouse solutions, fleet management, forklift training and support to increase efficiency and lower costs throughout material handling operations. Raymond® forklifts are engineered to achieve higher performance, enhance operator comfort and increase efficiency. Raymond manufactures a full line of forklift trucks — including reach trucks, pallet jacks, pallet stackers, sit-down and stand-up forklifts, orderpickers and turret trucks. The iWAREHOUSE® fleet management and warehouse optimization system provides solutions to manage industrial vehicle fleets, labor efficiencies and warehouses. Additionally, flexible automation, customized solutions and industry-leading consultation from Raymond further enhance and streamline processes while helping customers to drive down costs. Raymond is a recipient of the 2015 and 2016 Manufacturing Leadership Award from Frost & Sullivan.

About Flux Power Holdings, Inc. (
Flux Power develops advanced lithium-ion batteries for industrial uses, including its first-ever UL 2271 Listed lithium-ion “LiFT Pack” forklift batteries. Flux solutions utilize its proprietary battery management system (BMS) and in-house engineering and product design. Flux batteries deliver improved performance, extended cycle life and lower total cost of ownership than legacy lead-acid solutions. Flux sells primarily to lift equipment OEM’s, their dealers and battery distributors. Current products include advanced battery packs for motive power in the lift equipment and airport ground support markets.

Flux Blog:        Flux Power Currents
Facebook:       FLUXPower
Twitter            Company: @FLUXpwr Investor Relations: @FluxPowerIR
LinkedIn          Flux Power

This news release may contain certain "forward-looking" statements (as that term is defined in the Private Securities Litigation Reform Act of 1995 or by the SEC in its rules, regulations and releases) representing our expectations or beliefs regarding our company. These forward-looking statements include, but are not limited to, statements concerning our operations, economic performance, financial condition, and prospects and opportunities. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate," "might," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward looking statements. These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including factors discussed in this and other of our filings with the SEC. Undue reliance should not be placed on the forward-looking statements and Investors should refer to the risk factors outlined in our Form 10-K, 10-Q and other reports filed with the SEC and available at These forward-looking statements are made as of the date of this news release, and Company assumes no obligation to update these statements or the reasons why actual results could differ from those projected.

Flux, Flux Power and associated logos are trademarks of Flux Power Holdings, Inc. All other third party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

Media & Investor Relations:
Catalyst IR
Chris Eddy

Primary Logo

Source: Flux Power