Axion Power International Inc. announced that the Company has received a purchase order, along with a substantial down payment, for a PowerCube(TM) to be commissioned into a solar project. The Cube will provide storage for energy created by the solar panel system and also service the frequency regulation market. The $320,000 purchase order includes batteries, racks, wiring, data communication system and electronics coordination (electronics and power system to be provided by Owner).

The project has been in the works for some time and the Company expects to ship all equipment to the site in the current quarter of 2013, with installation to begin immediately.