TORONTO--(BUSINESS WIRE)--Feb. 20, 2003--Electrovaya Corp.
(TSX:EFL), the developer of the world's leading Tablet PC "Scribbler"
announced today that it has signed an agreement with
Alias/Wavefront(TM), a division of Silicon Graphics Limited, to bundle
Alias SketchBook(TM) software with the "Scribbler". The software will
greatly expand the features of the "Scribbler" allowing it to be also
used as a digital sketchbook.
Alias SketchBook transforms a Tablet PC into a digital sketchbook.
Using a unique pen-driven interface, Alias SketchBook makes sketching,
image annotation and presentation simpler, faster and more fun. Alias
SketchBook is a must-have application for any Tablet PC user, whether
artist or business user.
"Scribbler" is powered by Electrovaya's long-lasting lithium ion
SuperPolymer(TM) battery. Sankar Das Gupta, President and Chief
Executive Officer of Electrovaya, said "the Scribbler runs 8 to 16
hours, providing the highest mobility in the laptop computer and
Tablet PC industry. Alias SketchBook software will further improve
Scribbler's application capability allowing digital sketching and
presentation possible that will be extremely useful and advantageous
to user across many segments, including Education and Health care."
"Alias SketchBook is a new class of application designed
specifically for the Tablet PC and is optimized to work with hardware
like the Scribber," said Tom Wujec, Product Manager at
Alias/Wavefront. "The combination of Alias SketchBook and a long
lasting mobile device is like having an endless supply of digital
paper that is available all day long. Users will be able to sketch a
wide range of visual ideas, from whiteboard flow charts and
organization charts to high quality illustrations - anywhere, any time
and share them quickly and easily. It represents another way for
organizations to innovate effectively in today's turbulent economy."
As the world's leading innovator of 3D graphics technology,
Alias/Wavefront develops software for the film and video, games, web,
interactive media, industrial design, and visualization markets. In
2003, the company was awarded an Oscar(R) for Technical Achievement
from the Academy of Motion Picture Arts and Sciences for its
development of Maya(R) software, Alias/Wavefront's professional 3D
animation and effects package. Entertainment customers include:
Acclaim Entertainment, Inc., CNN, Core Design Limited, Digital Domain,
Disney, Electronic Arts, Industrial Light & Magic, Factor 5 LLC,
Midway Games, Nintendo, Pacific Data Images (PDI), Pixar, Sega, Sony
Pictures Imageworks, Square Co., Ltd., Warner Feature Animation and
Weta Ltd. The company's design customers include: AT&T, BMW, Boeing,
Fiat, Ford, Honda, General Motors, Italdesign, Kodak, Mattel, Renault
Additional information about Alias/Wavefront is available at
Alias/Wavefront and Alias SketchBook are trademarks of
Alias/Wavefront, a division of Silicon Graphics Limited. Maya is a
registered trademark of Silicon Graphics, Inc., used exclusively by
Alias/Wavefront, a division of Silicon Graphics Limited. Oscar is a
registered trademark of the Academy of Motion Picture Arts and
Sciences. All other trade names, product names, trademarks or service
marks are property of their respective owners.
About Electrovaya Corp.
Electrovaya develops, manufactures and sells products using its
proprietary lithium-ion SuperPolymer(TM) rechargeable battery
technology, which delivers the highest energy density of any battery
technology on the market today. Electrovaya has designed, developed
and markets the SCRIBBLER Tablet PC which offers significantly longer
run time than any other Tablet PC 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. The Company's shares trade on the Toronto Stock Exchange under
the symbol EFL.
For more information about the Company and its products, please
Forward-Looking Statements. This news release may contain
forward-looking statements that involve a number of risks and
uncertainties, including statements regarding the outlook for the
Company's business and results of operations. Risks are outlined in
the Company's MD&A for the quarter ended December 31, 2002 and are set
forth in public disclosure documents filed with Canadian regulatory
authorities. By nature, these risks and uncertainties could cause
actual results to differ materially from those indicated. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT: Electrovaya Corp. Julia Harrison, 905/822-6573 ext 3099 Email Contact www.electrovaya.com