oundless Corporation is a Finalist for an Innovation Award in the Sustainability Field at Boulder County Business Report ’s Upcoming IQ Awards

 The Company Was Recognized for Its Intelligent Feedback Control System for Lithium-ion Battery Sub-Systems

Boulder, Colo. (August 2, 2008) – The Boulder County Business Report (BCBR) announced the 30 finalists for its annual Innovation Quotient (IQ) Awards and Boundless Corporation was selected as a finalist for its innovation in the Sustainable Category for providing the industry’s most advanced and adaptive Feedback Control System for Lithium-ion battery technologies. The company’s technology provides intelligent battery management for today’s advanced Lithium-ion cell technologies which are key to unlocking the clean efficient use of electricity as the world works to curb our dependence on fossil fuels and minimize the effects fossil fuel burning vehicles are having on global warming and the earth’s atmosphere.

The 10 most-innovative companies will be announced live at BCBR’s ninth annual IQ Awards for innovation on Thursday, August 14, 2008.

“It is a pleasure to accept the nomination for this prestigious award. Innovation, market demand and execution are key ingredients to success in any field. The global awareness surrounding our [human] impact on the planet as well as the ever increasing price of oil are creating that ‘perfect storm’ for Boundless. We are honored to be considered in the esteemed company of the rest of the Sustainability recipients.” said Phil Lyman, CEO and President of Boundless Corporation. “We are all in a position to make a huge difference in so much of what is going on as a response to the pressures the US and the world are feeling. It is now up to all of us to execute. We can make a difference and the Colorado Front Range seems to be a hotbed for thought leaders in each of the categories nominated for these awards.”

This year, BCBR received nearly 60 nominations from companies in the Boulder Valley and selected three finalists in each of 10 business categories. More information on the Boulder County Business Report’s IQ awards, its categories, the nominated companies, go to www.IQawards.com.

 “Innovation in the Boulder Valley is stronger and more exciting than it’s ever been,” said Christopher Wood, publisher of the Boulder County Business Report. “We are extremely pleased to once again honor the most-innovative products and services in Boulder and Broomfield counties. Our judges spent many hours reviewing all the nominations, and we feel that they’ve come up with an incredible list of finalists.”

About Boundless Corporation

Boundless Corporation is a leading developer and manufacturer of Lithium-ion (Li-ion) energy storage subsystems for use in the automotive, aerospace, medical, military, and industrial machine markets. Boundless specializes in intelligent Li-ion batteries which are the key enabling factor for a wide range of e-motive applications. Alternative energy storage subsystems are essential as the price of oil increases, coupled with the threats of global warming and the increasing political instability in oil rich countries. Boundless is Li-ion cell agnostic and battery chemistry independent allowing Boundless to utilize various Li-ion technologies to meet a wider range of OEM customers’ needs. Boundless’ unique intelligent battery management systems ensure safe, reliable, long-term use of Li-ion cells. Boundless’ corporate headquarters is located in Boulder, Colorado. For more information, please visit Boundless’ website at www.boundlesscorp.com

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