Electrovaya Announces The Availability Of The Powerpad With Lithium Iron Phosphate Electrode

  • Toronto, Ontario –
  • June 26, 2002
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Toronto, Ontario –Electrovaya Inc. (TSX: EFL) a technology leader in mobile power, announced today that the PowerPad series of products for notebook computers are now available with Lithium Iron Phosphate as the positive electrode.

“We are very pleased with the performance of this new material in our PowerPads,” said Dr. James K. Jacobs, Chief Technology Officer of Electrovaya.

About Electrovaya Inc

Electrovaya develops, manufactures and sells products using its proprietary lithium-ion SuperPolymer™ rechargeable battery technology, which delivers the highest energy density of any battery technology on the market today. The Company’s goal is to become the leading provider of portable power for the notebook computer and wireless sectors, and to apply its technology to a broad spectrum of alternative energy applications over the long term. Electrovaya’s shares trade on The Toronto Stock Exchange under the symbol EFL.

For more information about the Company and its products, please visit our website at www.electrovaya.com

For more information, please contact:

Electrovaya Inc.
Paul J. Van Damme
Vice-President, Finance & CFO
905-855-4636
pvandamme@electrovaya.com

iContact
Michael Van Dusen
416-926-2490
michael.vandusen@icontact.ca