Antique rosaries

NEW CASTLE, Pa., Nov. 11 /PRNewswire-FirstCall/ -- Axion Power International, Inc. (OTC Bulletin Board: AXPW), a leading developer of battery technologies and advanced energy storage devices, today reported results for its third quarter and nine months ended September 30, 2008. Revenues for the third quarter, which came from the limited sale of batteries for antique cars, race cars and other modest lead-acid applications, were $149,441, compared to $135,059 for the third quarter of 2007. The loss for the third quarter was $2.2 million or $0.08 loss per share, compared to $2.0 million or $0.12 loss per share in the third quarter of 2007. For the first nine months of 2008, revenues were $541,248 versus $432,650 for the comparable period in 2007 and losses were $8.3 million or $0.39 loss per share, compared to $12.0 million or $0.73 loss per share for the first nine months of 2007. Research and development expenditures were $1.5 million during the nine months ended September 30, 2008, compared to slightly less than $1.0 million during the first nine months of 2007. SG&A costs were $4.2 million for the nine months ended September 30, 2008, compared to $2.7 million for the previous year

NEW CASTLE, Pa., Nov. 11 PA-Axion-Power-Inter
NEW CASTLE, Pa., Nov. 11 /PRNewswire-FirstCall/ -- Axion Power International, Inc. (OTC Bulletin Board: AXPW), a leading developer of battery technologies and advanced energy storage devices, today reported results for its third quarter and nine months ended September 30, 2008. Revenues for the third quarter, which came from the limited sale of batteries for antique cars, race cars and other modest lead-acid applications, were $149,441, compared to $135,059 for the third quarter of 2007. The loss for the third quarter was $2.2 million or $0.08 loss per share, compared to $2.0 million or $0.12 loss per share in the third quarter of 2007.
For the first nine months of 2008, revenues were $541,248 versus $432,650 for the comparable period in 2007 and losses were $8.3 million or $0.39 loss per share, compared to $12.0 million or $0.73 loss per share for the first nine months of 2007.
Research and development expenditures were $1.5 million during the nine months ended September 30, 2008, compared to slightly less than $1.0 million during the first nine months of 2007. SG-A costs were $4.2 million for the nine months ended September 30, 2008, compared to $2.7 million for the previous year

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