Duracell Powermat LLC, the joint venture announced in September 2011 by Procter & Gamble and Powermat became operational today with a dedicated focus on ensuring that consumers never run out of power. Duracell Powermat is committed to ensuring that consumers can continue to live richly mobile lifestyles free of the hassle and fear of watching their batteries die without any convenient way to recharge their smartphones.

More than ever before, we are a population reliant on our mobile devices to get us through the day. We depend on our smartphones for everything from waking us up in the morning, to charting our daily schedules, keeping us entertained and of course, making sure that we can always be reached. Yet, while we rely on our devices to do so much more than ever before, battery power has failed to keep pace with our needs. Too many of us are intimately acquainted with that sinking feeling that comes from the realization that we won't have enough power to get us through to our next available charge.

In keeping with its mission to ensure that consumers don't have to forgo the richly mobile lifestyle to which they aspire because of insufficient power, Duracell Powermat is delivering power to consumers 'in the palm of their hands' with products that provide easy to access power at home and on-the-go. Duracell Powermat will also begin deploying a network of fast and convenient charging locations in both public and private venues.

The Duracell Powermat "Wireless Power Nation" plan is an ambitious undertaking to bring accessible power to networked venues in everyday consumer-trafficked locations. Among the first settings to be networked is Madison Square Garden in the heart of New York City. Consumers will also benefit from a Duracell Powermat "app" that will identify when their smartphones are running low on power and let them know how much power they have left before directing them to the nearest networked location.

"There is a rapidly growing need for smarter power delivery and power accessibility today," said Stassi Anastassov, President of Duracell and Chairman of Duracell Powermat JV. "There are more than 80 million smartphone users in the USA alone and smartphones are evolving into a universal device that is more and more power hungry. Duracell Powermat is committed to providing solutions to this dilemma both when it comes to the powering options as well as accessibility to power. "

The new line of Duracell Powermat products provides consumers with unparalleled access to convenient power in a two-part system that pairs newly designed sleek charging mats - in either black or white - with receivers and a portable wirelessly charged backup battery that lets consumers take power with them for up to a full charge while on the go. The new Duracell Powermat complete charging kit will also be available in Q2 2012 to provide consumers with a one-stop option for wireless power.

The joint venture merges Procter &Gamble's core expertise in consumer understanding, brand-building and go-to-market capability and with Powermat's technological prowess and ability to create a best-in-class wireless charging experience.

"Duracell Powermat is, first and foremost, about delivering real-life solutions for real power-need situations," said Ran Poliakine, CEO of Powermat Technologies and a Board Member of Duracell Powermat. "The company is showcasing both its fresh line of products that go on sale next quarter, as well as future innovations that are natural outgrowths of the Duracell Powermat partnership. The impact that Duracell Powermat will have is truly powerful."

About Duracell Powermat

Duracell Powermat is the heir to two industry-shaping pioneers: Duracell and Powermat. As part of the Procter & Gamble Company [NYSE:PG], Duracell has been powering people around the world for more than 40 years, whereas Powermat brought the wireless charging category to life with the introduction of ground-breaking products in 2009. Together the two companies are shaping the wireless charging revolution under the Duracell Powermat brand. The first company to address the growing power needs of consumer's in a world increasingly reliant on battery-draining smartphones, Duracell Powermat provides real-life power solutions for consumers both at-home and on-the-go. The Duracell Powermat joint venture began operation in January 2012, with P&G's Ron Rabinowitz as its CEO. For more information, please visit www.duracellpowermat.us

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50128184&lang=en

Duracell Powermat
Scott Eisenstein, 212-810-6544
scott@powermat.com
or
Duracell Powermat
Thea Merkos Ignatiou, 917-374-2492
thea@powermat.com