Electrofuel Inc. (TSE:EFL) announced today plans to enhance itsproduct line with the addition of the PowerPad 120, a new external lithium ion SuperPolymer battery forportable computers. The new PowerPad 120 comes in a compact form factor at 8¾” by 11¾” by only 3/8”thin, weighs less than 2 lbs., and delivers a surprising 8 to 12 hours run time keeping the average user inbusiness and productive all day long without needing to recharge. The PowerPad 120 complementsElectrofuel’s PowerPad 160, which powers portable computers for up to 16 hours. The PowerPad 120 isdesigned to address the broad mid-tier segment of users, while the PowerPad 160 is designed for moreintensive computer users.
“We recognized early on the need to provide the mobile computing market with a variety of extendedportable power solutions, so we structured our design and production capabilities with that in mind,” saidPatrick McCool, Vice President, Sales and Marketing of Electrofuel. “We believe products like ouroriginal PowerPad 160 and now the PowerPad 120 demonstrate our ability to meet that demand for trulyportable computers.”
The PowerPad 120 will be showcased for the first time at PC Expo in New York later this month and willbecome commercially available in July 2001. The PowerPad 120 will retail for US$399.
About Electrofuel
Electrofuel Inc. develops, manufactures and sells products using its proprietary lithium ion SuperPolymerrechargeable battery technology. Electrofuel’s goal is to become the leading provider of portable powerfor the portable computer and wireless sectors, and to apply its technology to a broad spectrum ofalternative energy applications over the long term. Electrofuel is a public company trading on the TorontoStock Exchange under the symbol EFL.
For more information about Electrofuel and its products, please visit our website at www.electrofuel.com.
This press release may contain forward-looking statements that involve a number of risks and uncertainties,including statements regarding the outlook for the Company’s business and results of operations. By nature, theserisks and uncertainties could cause actual results to differ materially from those indicated. Such factors include,without limitation, the various factors set forth in public disclosure documents filed with Canadian regulatoryauthorities.
For more information, please contact:
iContact Michael Van Dusen
(416)-926-2491 michael.vandusen@icontact.ca