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Electrofuel Receives Us$2 Million Orderfrom Major Value-Added Reseller

  • Toronto, Ontario –
  • March 1, 2001
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Electrofuel Inc. (TSE:EFL) announced today that it has receiveda US$2 million purchase order for its PowerPad 160 rechargeable portable computer batteries from alarge Value-Added Reseller (VAR). The VAR will market the PowerPad 160 through its toll-freecatalog and online order system, and through its dedicated corporate account teams.

“This order will allow Electrofuel to extend its reach into Fortune 500 companies,” said Pat McCool,Vice President, Sales for Electrofuel. “The VAR’s direct marketing capability to large enterprisecustomers will create greater exposure for Electrofuel’s products and broaden our market coverage.

”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. It isabout the same size as letter-sized paper, at 8.75” x 11.5” and only 3/8” thick, so it can fit inside abriefcase or notebook carrying case.

About Electrofuel

Electrofuel Inc. is engaged in the development, manufacturing and sale of products using itsproprietary lithium ion SuperPolymer rechargeable battery technology. Electrofuel’s goal is tobecome the leading provider of portable power for the notebook computer and wireless sectors, andto apply its technology 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. David Murdoch

(416) 535-1114 ext. dmurdoch@electrofuel.com

iContact Michael Van Dusen

223416-926-2491 michael.vandusen@icontact.ca