TigerDirect Agreement Addresses Small Business and Consumer Markets
Electrofuel Inc. (TSE:EFL) announced today that it hasreceived a US $2 million purchase order for its PowerPad 160 rechargeable portable computerbatteries from TigerDirect, Inc., a division of Systemax Inc.
“TigerDirect is a powerful channel partner that will help Electrofuel address the consumer andsmall business market,” said Pat McCool, Vice President, Sales for Electrofuel. “TigerDirect isan excellent solution for small business and home customers.”
“Electrofuel’s PowerPad 160 is another example of TigerDirect’s leadership in offering PC-product needs,” saidCarl Fiorentino, President, TigerDirect, Inc. “We expect sales for thePowerPad 160 to be substantial.” The PowerPad 160 will be sold via the TigerDirect catalog &also via the web at http://www.tigerdirect.com/electrofuel
Using Electrofuel’s proprietary lithium ion SuperPolymer battery technology, the PowerPad 160delivers up to 8 times more power for notebook computers than conventional battery packs. ThePowerPad 160 provides notebooks with 12 to 16 hours of power while weighing only 2.5 lbs. Itis about the same size as letter-sized paper, at 8.75” x 11.5” and only 3/8” thick, so it can fitinside a briefcase or notebook carrying case.
About Systemax Inc.
Systemax Inc. (www.systemax.com) has developed an integrated system of branded e-commercewebsites, direct mail catalogs and relationship marketing to sell private label and name brand PChardware, related computer products and industrial products to businesses in North America andEurope. Through its TigerDirect, Inc. (www.tigerdirect.com) subsidiary, Systemax targets smallbusiness and home customers. With annual sales at a rate of more than US $1.7 billion,Systemax is a Fortune 1000 company that is listed on the NYSE, trading under the symbol SYX.
About Electrofuel
Electrofuel Inc. develops, manufactures and sells products using its proprietary lithium ionSuperPolymer rechargeable battery technology. Electrofuel’s goal is to become the leadingprovider of portable power for the notebook computer and wireless sectors, and to apply itstechnology to a broad spectrum of alternative energy applications over the long term. 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 at www.electrofuel.com.
Electrofuel Inc. Pat McCool
(770) 844-9982 pmccool@electrofuel.com
TigerDirect, Inc Bruce Matthews
(305) 415-2429 bruce.matthews@tigerdirect.com
iContact Michael Van Dusen
(416) 926-2491 michael.vandusen@icontact.ca
Certain statements relating to Electrofuel in this press release may constitute forward-looking statements that involve a numberof risks and uncertainties. Future results may be affected by a number of factors including those set forth in the public disclosuredocuments of Electrofuel which are filed with Canadian securities regulatory authorities. Actual results may be materiallydifferent from any future results express or implied by such forward-looking statements. Electrofuel disclaims any intention orobligation to update or revise any forward-looking statements, whether as a result of new information, future events orotherwise.