Electrovaya And Alias/Wavefront Announce Joint Program To Promote The Scribbler Tablet PC And Alias SketchBook Software
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Electrovaya And Alias/Wavefront Announce Joint Program To Promote The Scribbler Tablet PC And Alias SketchBook Software

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."

About Alias/Wavefront

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 and Timex.

Additional information about Alias/Wavefront is available at http://www.aliaswavefront.com

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 visit www.electrovaya.com

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
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