Toronto, Ontario – Electrofuel Inc. (TSE: EFL) announced today that it hassigned a marketing agreement with Zones, Inc., a single-source direct reseller of name-brandinformation technology products and services to the fast growing B2B market
Under the agreement, Zones, Inc. will promote the sale of Electrovaya’s PowerPad™ line ofnotebook computer batteries in Zones IT catalog and through specialized e-catalog mailings.Zones distributes over 1 million catalogs monthly and last year had over $541 million in revenue,making it one of the most successful catalog-based resellers in the United States. Zones’ targetmarkets include Fortune 1000 Companies, B2B and SMB markets.
“Zones is a leading catalog and e-commerce marketer and we are excited to be partnering withthem to promote the sale of the PowerPad series,” said Pat McCool, Vice President, Sales &Marketing, “Zones’ strong reach into the Fortune 1000 companies combined with their grasp ofthe education and healthcare markets, two sectors where we expect to see strong sales growth,makes them an important factor in our ongoing efforts to expand distribution.”
“Zones is pleased to add Electrovaya’s product line to our mix. Limited battery life is a bigconcern for our notebook customers. We are excited to be able to provide them with the capacityto run their notebooks for up to 16 hours,” said Jeff Cagle, Vice President of Merchandising,Zones, Inc
About Electrovaya
The Company develops, manufactures and sells products using its proprietary lithium-ionSuperPolymer™ rechargeable battery technology, which delivers the highest energy densitylevel of any battery technology on the market today. The Company’s goal is to become theleading provider of portable power for the notebook computer and wireless sectors, and to applyits technology to a broad spectrum of alternative energy applications over the long term. TheCompany operates under the commercial name Electrovaya and its shares trade on The TorontoStock Exchange under the symbol EFL.
For more information aboutthe Company and its products, please visit our website atwww.electrovaya.com.
About Zones, Inc.
Zones, Inc. is a single-source direct reseller of name-brand information technology products andservices to the fast growing small to medium sized business market. Zones sells these productsand services through specialty print and e-catalogs, inbound and outbound account executives and the Internet. Zones offers products from leading manufacturers including Apple, Compaq,Hewlett-Packard, IBM, Microsoft and Toshiba.
Incorporated in 1988, Zones, Inc., is headquartered in Renton, Washington. Company andbuying information is available at http://www.zones.com, or by calling 800/258-2088.
For more information, please contact:
Electrovaya
Paul J. Van Damme
Vice-President Finance &CFO
905-855-4636 pvandamme@electrovaya.com
iContact
Michael Van Dusen,
416-926-4291 michael.vandusen@icontact.ca