Mr. Richard Halka reports

ELECTROVAYA JOINS THE OTCQX MARKET IN THE UNITED STATES

Electrovaya Inc. has been approved to trade on the OTCQX Best Market in the United States under the symbol EFLVF. Electrovaya will continue to trade on the Toronto Stock Exchange under the symbol EFL.

Trading on OTCQX is designed to provide existing and future U.S.-based shareholders with ease of trading Electrovaya's shares and convenient access to its news and financial disclosures. Electrovaya begins trading today on OTCQX under the symbol EFLVF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC website.

"We are very pleased to join the OTCQX Best Market," said Richard Halka, executive vice-president and chief financial officer for Electrovaya. "We have received an incredible level of interest from U.S. investors and trading on the OTCQX Best Market gives them an opportunity to invest directly in our company."

Roth Capital Partners LLC serves as Electrovaya's OTCQX adviser, responsible for providing professional guidance on OTCQX requirements.

We seek Safe Harbor.