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Abstract
(Marketwire - June 26, 2008) - AccelRate Power Systems ("AccelRate") (TSX VENTURE:APS)(FRANKFURT:KCG), the leader in "High-Speed" battery charging technology, announced today that due to the slower than expected sales performance of its Motive Power Division, the company has chosen to cancel its private label distribution of AccelRate brand chargers, and has made arrangements for Hawker Powersource Inc. to take over AccelRate's existing accounts.