C&D Technologies signed one of its biggest ever deals with a $28m battery and standby power systems contract to supply Agriculture Bank of China's data center expansion plans.
This 3 year project, which began in earnest in the fourth quarter of 2010, is valued at over $28 million US dollars, one of the largest single project awards received in the company's hundred year history.

The Agriculture Bank of China ("ABC"), has  nearly 24,000 branches and over 320 million retail customers.

This contract spans 2010 to mid-2012 and is an exclusive award for C&D batteries to power the uninterrupted power supply (UPS) systems that provide continuous power to ABC's data centers throughout China and elsewhere in Asia.  "We are very proud to have been named the exclusive provider of critical back-up power for the Agriculture Bank of China for the next three years, during a remarkable period of growth in the financial markets in Asia,"said Dr. Jeffrey Graves, C&D Technologies President and Chief Executive Officer.   

"This significant win, one of the largest in our company's 105 year history."