Electrovaya Inc T.ELVA

75 billion dollar market

[BUTLER4U2]

Ontario Exporters Honoured Brampton, 04/07/2004 The Ontario government today honoured central Ontario’s top exporters for their exceptional contributions to a strong and prosperous Ontario in 2003 at the 6th annual Ontario Global Traders Awards. “Ontario’s international reputation is solid because our exporters continue working hard to be innovative — creating demand for products and services that are needed and wanted around the world,” said Tony Wong, who presented the awards as Parliamentary Assistant to the Minister of Economic Development and Trade Joseph Cordiano. The awards recognize the most innovative and successful small and medium-sized enterprises (SMEs), business leaders and students throughout Ontario. “Exports make a strong contribution to Ontario’s economy. With every success big or small, exporters create skilled jobs, strengthen our province and improve the quality of life for Ontarians,” said Cordiano in a broadcast message. “The McGuinty government is committed to working with SMEs — we are proud of your achievements and we want to ensure your successes continue.” This year’s Regional Award winners for central region are: Innovation: Evertz Microsystems Ltd., Burlington Market Expansion – Product: Sterner Automation Limited, Toronto Market Expansion – Service: Redwood Custom Communications, Toronto Leadership: Michael Schultz, Brampton Student Achievement: Gustavo Galue, Niagara College Three other regional Ontario Global Traders Award ceremonies are also being held and top regional award recipients will compete for the provincial awards in Toronto on May 11, 2004. Prior to the ceremony, SMEs participated in Export Forums, which provide knowledge on export-related topics through town hall discussions, workshops and networking opportunities with experts. The Ontario Global Traders Awards are coordinated by Ontario Exports Inc., the Government of Ontario’s export development agency, with support from their partners in trade. “By building a strong and prosperous economy, we can provide our people with a quality of life that is second to none,” concluded Wong. -------------------------------------------------------------------------------- Innovation Award Regional Award Evertz Microsystems Ltd. Burlington, Ontario Evertz Microsystems is a global leader in the design, manufacture and marketing of professional audio and video products for the television broadcast, post production and cable industries. The company’s latest innovation is the Multi-Image Video Processor System which is expected to revolutionize the way large broadcast stations monitor their stations/broadcasts - and grow Evertz sales by an estimated 40 to 50 per cent this year. President: Romolo Magarelli Contact: Douglas DeBruin, Vice President, Finance & Administration Address: 5288 John Lucas Drive, Burlington, ON L7L 5Z9 Phone: [phone] Award of Merit Sterner Automation Limited Toronto, Ontario Sterner Automation is an engineering firm specializing in the development and manufacture of highly integrated in-process product testing, verification and initialization equipment. The equipment, primarily used in the automotive industry, is designed to operate as an integral part of the manufacturing processs and often performs several functions. This includes monitoring for compliance specifications; is initialized, calibrated and ready for service; identified and recorded for audit trail purposes; and meets safety requirements. President & CEO: Christian Sterner Contact: Louise Sterner, Chief Financial Officer Address: 43 Hanna Avenue, Toronto, ON M6K 1X6 Phone: [phone] Honourable Mention Electrovaya Mississauga, Ontario Tablet PCs are forecast to be the next stage in the evolution of mobile computing. Mississauga-based Electrovaya has developed, the world’s most mobile laptop/tablet PC - Scribbler™ SC2000, in partnership with Microsoft and an Original Design Manufacturer. This product is poised to be the next revolution in computers and is well positioned to take over a substantial share of the global $75 billion laptop and mobile computer market. President: Dr. Sankar Das Gupta Contact: Manya Pavkov, Director, Business Development Address: 2645 Royal Windsor Drive, Mississauga, ON L5J 1K9 Phone: [phone]