Valence Technology, Inc. Announces Conference Call Date to Discuss First Quarter Fiscal Year 2009 Financial Results

Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium phosphate energy storage solutions, will conduct a conference call to discuss its first quarter fiscal 2009 financial results on August 7, 2008, at 3:30 p.m. CDT (4:30 p.m. EDT). The conference call will be webcast and may be accessed by all interested parties at www.valence.com. Click on the About Us section and then click on the Investor Relations link. To access the webcast, please go to this Web site approximately fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. Those callers within the United States and Canada can dial (888) 599-8693 and enter conference identification number 2530543 to participate. Callers outside the United States and Canada can dial (913) 312-0698 and enter conference identification number 2530543 to participate. A telephonic replay will be available from 5:30 p.m. CDT on August 7, 2008, through 5:30 p.m. CDT on August 14, 2008. To access the replay, please dial (888) 203-1112 and enter the following identification number 2530543. In addition, a replay of the webcast will be available on the company’s Web site at www.valence.com. About Valence Technology, Inc. Valence Technology is an international leader in the development of lithium phosphate energy storage solutions. The company has redefined lithium battery technology and performance by marketing the industry’s first safe, reliable and rechargeable lithium phosphate battery. Founded in 1989, Valence today offers a proven technology and manufacturing infrastructure that delivers ISO-certified products and processes that are protected by an extensive global patent portfolio. Headquartered in Austin, Texas, Valence has facilities in Nevada, China and Northern Ireland. Valence is traded on the Nasdaq Capital Market under the ticker symbol VLNC. For more information, visit www.valence.com.