On-the-go chargers for combo PDA/Cellphone devices
on display at PC Expo, New York, June 25
NEW YORK, June 25 /PRNewswire-FirstCall/ --
Electric Fuel Corporation (Nasdaq: EFCX), the world's leading zinc-air fuel
cell company, today announced it will be launching INSTANT POWER(TM) Chargers
for power hungry communicator or "convergence" devices at PC Expo in New York
City on June 25. These devices fully integrate the functions of a PDA and a
cellphone into one unit, while also providing e-mail and Internet
capabilities.
The new series of Instant Power chargers are currently available the
recently announced Handspring Treo series; RIM Blackberry 5810 & 5820; mmO2's
xda; and the Audiovox Thera.
The extended performance offered by this new generation of devices
requires high power because these new PDAs mostly have large color screens and
are paired with a cellphone whose advanced communication circuits need a
similarly advanced communicator. On the other hand, users require small and
light devices, leaving little room for batteries. As a result, users find
themselves running out of batteries much faster than with traditional devices.
The INSTANT POWER family of on-the-go chargers addresses these issues with
its light weight, high capacity PowerCartridges, powered by zinc-air fuel
cells. Each can provide up to three charges; anywhere, anytime. The INSTANT
POWER Chargers will be marketed as stand-alone units or in combination
packages with car adapters, USB adapters and travel chargers. They will allow
traveling users to charge in their car, to charge from their laptops or from a
regular electric outlet.
Electric Fuel President and CEO Yehuda Harats commented, "A new generation
of communicators is opening a new market for our products. Their high demand
for power is a perfect match for our high power Chargers. We will keep
business people up and running even if their battery has run out."
About Electric Fuel
With corporate and sales offices in New York and London, England, and
manufacturing and R&D facilities in Israel and Alabama, Electric Fuel
Corporation is a world leader in primary and refuelable Zinc-Air fuel cell
technology, pioneering advancements in consumer electronics, electric
vehicles, and defense and safety products. Electric Fuel's INSTANT POWER(TM)
batteries and chargers are based on the Company's patented, cutting-edge
Zinc-Air fuel cell technology, and are on sale at retail outlets throughout
the United States, Canada, Europe and Israel. For more information on Electric
Fuel, please visit our web site at http://www.electric-fuel.com , or find out
more about our consumer products at http://www.instant-power.com .
All brand names mentioned in this release are trademarks or registered
trademarks of their respective owners.
Except for the historical information herein, the matters discussed in
this news release include forward-looking statements, as defined in the
Private Securities Litigation Reform Act of 1995. Readers are cautioned not to
place undue reliance on these forward-looking statements, as they are subject
to various risks and uncertainties that may cause actual results to vary
significantly. These risks and uncertainties include, but are not limited to,
risks relating to: product and technology development; the uncertainty of the
market for Electric Fuel's products; market acceptance of new products and
continuing product demand; the ability to manage growth and ramp-up production
effectively as needed; the impact of competitive products and pricing on
Electric Fuel's products and markets; changing economic conditions; delay,
cancellation or non-renewal of purchase orders; significant future capital
requirements; and other risk factors detailed in Electric Fuel's most recent
annual report on Form 10-K for the fiscal year ended December 31, 2001, and
other filings with the Securities and Exchange Commission. Electric Fuel
assumes no obligation to update the information in this release. Reference to
the Company's website above does not constitute incorporation of any of the
information thereon into this press release.
SOURCE Electric Fuel Corporation
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Related links:
http://www.electric-fuel.com
http://www.instant-power.com
CONTACT:
Investor Contact - Conrad F. Mir, Director of
Investor Relations, +1-212-529-9200, ext 111, or
mir@electric-fuel.com, or Press Contact - P. Carrasco, Public
Relations, +1-212-529-9200, ext. 113, or
carrasco@electric-fuel.com, both of Electric Fuel Corporation
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