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Electrofuel Inc. Receives Occupancy Permitfor New Manufacturing Plant

  • Toronto, Ontario –
  • November 1, 2001
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Electrofuel Inc. announced today that it has now received theoccupancy permit for its high volume manufacturing plant in Mississauga, Ontario from the City ofMississauga

The 156,000 square foot facility on 15 acres was acquired by Electrofuel in April, 2000. The companyhas been upgrading the facility in preparation for commencement of production of its Lithium IonSuperPolymer batteries. The commissioning of the plant is underway.

About Electrofuel

Electrofuel Inc. is engaged in the development, commercialization, manufacturing and sale of itsLithium Ion SuperPolymer rechargeable battery technology. Electrofuel’s goal is to become theleading provider of portable power technology for the portable computer and wireless sectors, and toapply its technology to a broad spectrum of alternative energy applications including transportation,medical, and consumer products.

Electrofuel is a public company trading on the Toronto Stock Exchange under the symbol EFL.

For more information about Electrofuel and its products, please visit our website atwww.electrofuel.com

For more information, please contact:

IContact Michael Van Dusen
(416)926-2491 michael.vandusen@icontact.ca

Electrofuel Inc. David Murdoch
(416)535-1114 X223 dmurdoch@electrofuel.com