Valence Technology (VLNC) Commences Trading OTC; Ticker Remains 'VLNC'

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Valence Technology, Inc. (OTCBB: VLNC) announced that the Company's common stock began trading under the "VLNC" symbol on the OTCQB Marketplace following the cessation of trading on the NASDAQ Stock Market ("NASDAQ"). Operated by OTC Markets Group Inc., the OTCQB is a market tier for OTC traded companies that are registered and reporting with the Securities and Exchange Commission. The Company expects its common stock will continue to trade under the "VLNC" symbol on the computerized OTCQB system.

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