Dr. Sankar Das Gupta reports

PROFESSOR CAROLYN HANSSON CM, FCAE, FRSC, JOINS ELECTROVAYA'S BOARD OF DIRECTORS

Electrovaya Inc. has appointed Dr. Carolyn Hansson, CM, FCAE, FRSC, one of Canada's influential and innovative engineers, to the Electrovaya board of directors.

Dr. Hansson has a long and distinguished career in industries such as Lockheed Martin (Martin Marietta), Danish Corrosion Labs and Bell Labs, as well as in academia (Waterloo, Queens, Columbia and SUNY), and was earlier a member of the board of a Toronto Stock Exchange- and Nasdaq Stock Market-listed alternative energy company (Hydrogenics). A professor of materials engineering at the University of Waterloo, Dr. Hansson is the recipient of many awards including the Order of Canada and is a member of several influential committees within North America and Europe.

During her tenure as vice-president of research at Waterloo University, Dr. Hansson drove innovation across all disciplines of the university. She has wide connections within innovation circles in Canada, the United States and Europe, having lived and worked on both sides of the Atlantic.

"Carolyn has great practical experience in industry, government and academia, and we are delighted that she has agreed to join the board of directors at Electrovaya," said Dr. Sankar Das Gupta, chairman and chief executive officer of Electrovaya.

"The advanced lithium-ion battery is the key defining technology needed today and Electrovaya provides this critical next-generation technology to the emerging alternate energy sector. I am very pleased to join the board and help build the company," said Dr. Hansson.

About Electrovaya Inc.

Electrovaya designs, develops and manufactures proprietary lithium-ion superpolymer batteries, battery systems and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and Separion ceramic separators, and has manufacturing capacity of about 500 megawatt-hours/annum.

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