Ener1, Inc. Stock Symbol Changes to ENEI; Company Adopts Ener1, Inc. as New Corporate Name.Business Editors BOCA RATON, Fla.--(BUSINESS WIRE)--Oct. 28, 2002 Inprimis, Inc., formerly doing business as Ener1, Inc., has now officially changed it's corporate legal name to Ener1, Inc. The company's stock will now trade under the new symbol ENEI ENEI Encuesta Nacional de Empleo e Ingresos (Guatemala) . About Ener1, Inc. Ener1, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ENEI) provides advanced digital media technology products and services to the hospitality and healthcare industries and advanced high-energy lithium batteries for military and commercial applications. The company also provides contracted engineering design and development services for leading semiconductor, Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , telecommunications and consumer electronics companies. Founded as Boca BOCA Building Officials and Code Administrators International, Inc. BOCA Bird Observers Club of Australia BOCA Business Object Component Architecture BOCA Borland Object Component Architecture (Borland) Research in 1985, the company has core competencies in interactive digital media and high-energy battery technology. With its highly-skilled and experienced technical and marketing team, the company is able to bring new products to market rapidly. Ener1, Inc. is based in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , with offices and facilities in both Boca Raton and Fort Lauderdale. For more information, visit the company's Web site at http://www.ener1.com or call 561/997-6227. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward looking statements involve risks and uncertainties, including, but not necessarily limited to, the change in control of Ener1, Inc. and dilution to existing shareholders of Ener1, Inc. caused by the transactions with Ener1 Group, Inc., the history of operating losses incurred by Ener1, Inc. and its need for additional capital, the lack of any operating history for the development stage Ener1 battery business, the need for additional capital for the Ener1 battery business, the ability to enter into and receive revenue from new contracts, the rate of development of the information appliance market, the successful development and market acceptance of new products and services, the degree of competition in the market for such products and services, competitive pricing practices, dependencies upon key personnel, and low barriers of entry into the software development and services markets. Further, a significant portion of the company's sales is derived from a limited number of customers, the loss of one or more of which could adversely impact operating results. Some of these and other risks are detailed in the company's' annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2001, as well as in the company's other filings with the Securities and Exchange Commission. Such risks and uncertainties could cause actual results or performance to differ materially from any future results or performance expressed or implied in the forward-looking statements included in this release. |
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