Exide Technologies Establishes New Leadership Role
Alpharetta, Georgia, United States August 24, 2007

Company Names Vice President – Strategic Planning and Business Development

Exide Technologies (NASDAQ: XIDE), a global leader in stored electrical-energy solutions, announced today the appointment of Gary Reinert to the newly created position of Vice President – Strategic Planning and Business Development.

Since August of 2006, Reinert has served Exide as Vice President, Internal Audit at the Company's corporate headquarters in Alpharetta, Georgia. In his new role, reporting to Gordon Ulsh, he will be responsible for updating/completing strategic planning for Exide's growing business; leading the evaluation of product expansion; and identifying potential merger and acquisition opportunities – all leading to increased profitability.

"The decision to create this new position is a direct result of Exide's growing financial and operational strength," said Ulsh. "The timing and the environment are right for Exide to implement a more crystallized world view around strategic planning and business development. We anticipate that Gary's efforts will drive significant improvements in shareholder value and long-term competitiveness."

Reinert brings a depth of financial experience to his new role at Exide. Prior to his time at Exide, he was Chief Financial officer at the Hudson-Sharp Machine Co. He also served as General Auditor / Vice President and Controller at Harnischfeger Industries. Before that, he was Staff Auditor to a Senior Manager at KPMG.

Reinert holds a Bachelor's of Business Administration degree in Accounting from the University of Wisconsin – Whitewater.

Source: Exide Technologies

 
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