Mr. Murray Pickrem reprots

MURRAY PICKREM JOINS ELECTROVAYA AS DIRECTOR OF SALES, USA FOR LITHIUM ION CERAMIC BATTERIES FOR FORK-LIFTS

Murray Pickrem joined Electrovaya Inc. in January, 2017, as director of sales in the United States for lithium-ion ceramic batteries for forklifts. Mr. Pickrem will be focused on directing Electrovaya's sales efforts in the U.S. market for the material handling and forklift batteries.

Mr. Pickrem has more than 20 years of experience in this industry, most recently as regional vice-president with First Financial, with a focus in materials handling and forklift batteries. Earlier, Mr. Pickrem was in sales and marketing with companies such as Siemens, Exide, ACT and The Raymond Group of Companies.

Mr. Pickrem has extensive leadership experience in sales management, national account sales, financing and structuring sales in the materials handling sector. In his previous roles, Mr. Pickrem was instrumental in acquiring numerous national corporate accounts and developing new business opportunities.

"I am very excited to accelerate the replacement of lead acid and hydrogen fuel cells by Electrovaya's lithium-ion ceramic battery," says Mr. Pickrem. "Electrovaya's cutting-edge technology and its great value proposition are compelling to the efficiency driven logistics and materials handing industry. This industry needs energy solutions which operates intensively, 24/seven, allows fast opportunity charging and requires no maintenance. We will drive sales through both OEM [original equipment manufacturer] channels as well as direct sales to customers, where our lithium-ion ceramic battery is a drop-in replacement for the ubiquitous lead acid in forklift trucks."

Mr. Pickrem can be reached directly at 1-863-212-4489 or mpickrem@electrovaya.com

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.

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