Firefly Energy was founded in 2003 to develop and market breakthrough technology that takes batteries to new levels of performance. The MicrocellTM foam grid technology developed by Firefly can be incorporated into existing lead acid manufacturing without requiring major investment in new equipment and processes. On October 1, 2010, Firefly International Energy Co. has acquired assets of Firefly Energy from the Bankruptcy Estate and resurrected its operations at the same location. Firefly International Energy Co. is backed by solid support of technical vision, manufacturing and customer base of India. By incorporating the MicrocellTM technology developed by Firefly, batteries can achieve previously unheard of levels of performance and reliability. The technology is truly revolutionary in that it breaks through long-standing barriers of conventional battery performance with new levels of power, capacity, and life at lower cost and lighter weight.