Electrofuel Inc NR
Electrofuel Receives US $2 M Purchase Order from Tech Ni Comm Inc.
2/26/01
ELECTROFUEL INC ("EFL-T") SEMOTUS SOLUTIONS INC ("DLK-ABDP3") - Electrofuel Receives US $2 M Purchase Order from Tech-Ni-Comm Inc.
Electrofuel Inc. announced that it has received a US $2 million purchase order for its PowerPad 160 portable computer batteries from Tech-Ni-Comm, Inc., a wholly-owned subsidiary of Semotus Solutions (AMEX:DLK) of San Jose, California. Five Star Advantage, also a wholly owned subsidiary of Semotus Solutions, will handle the online retail fulfillment as well as the distribution to retail channels for the PowerPad 160.
Semotus Solutions is a market-leading wireless infrastructure provider delivering end-to-end wireless solutions to its enterprise customers. Semotus Solutions' patented technology and real-time delivery systems enable enterprise customers and employees to utilize any wireless device to receive and respond to critical data 24x7x365.
"We have very high expectations for the Electrofuel PowerPad 160 and are pleased to have enlisted a company like Five Star Advantage, a leading Internet fulfillment and distribution house, to manage our retail purchasing logistics", said Pat McCool, Vice President, Sales for Electrofuel. "We expect the sales for the PowerPad 160 to be substantial, and Five Star Advantage is the perfect solution for our on-line and retail customers."
"We are excited to be providing the retail fulfillment capabilities for a product with as much revenue potential as the Electrofuel PowerPad 160 battery", said Jeff Gleckman, President of Five Star Advantage. "With its very high compatibility rate with the existing laptop marketplace, the sales potential for the battery is tremendous."
Using Electrofuel's proprietary lithium ion SuperPolymer battery technology, the PowerPad 160 delivers up to 8 times more power for notebook computers than conventional battery packs. The PowerPad 160 provides notebooks with 12 to 16 hours of power while weighing only 2.5 lbs. It is about the same size as letter-sized paper, at 8.75" x 11.5" and only 3/8" thick, so it can fit inside a briefcase or notebook carrying case.