Energy Visions Inc. Announces The Launch Of The Pure Energy XL Rechargeable Battery.Business Editors TORONTO--(BUSINESS WIRE)--Nov. 13, 2003 Energy Visions Inc. ("EVI Evi (ē`vī), in the Bible, Midianite king. " or "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EGYV) (TSXV:EVI.S) announces the product launch of the new Pure Energy XL(TM) rechargeable battery. Pure Energy Visions Inc. ("PEVI PEVI Perry’s Victory and International Peace Memorial (US National Park Service) ") the 100% owned subsidiary of Pure Energy Inc., (see October 27, 2003 EVI Press Release), announces that it is shipping the new battery next week. Mr. Jeff Chalmers, Vice President Sales of PEVI, stated, "The XL(TM) battery offers 80% more life than any other RAM(TM) battery. XL(TM) is expected to expand PEVI sales at retail and open the door to new OEM applications. This launch will add more momentum to our sales efforts that achieved over 18% revenue growth in the fiscal year ended October 31, 2003 and positions PEVI to take a commanding share of the rising interest in rechargeable batteries." Dr. Doug James, EVI Vice President and General Manager of EVI's Fuel Cell Division based in Calgary, Alberta, presented a technical paper at the international 2003 Fuel Cell Seminar (Fuel Cells for Secure, Sustainable Energy) on November 5, 2003 in Miami Beach, Florida “Miami Beach” redirects here. For the beach in Barbados, see Miami Beach, Barbados.
History As a result of initiative on the part of Henry Marshall Tory ARC was established in 1921 (as the Alberta Council of Scientific and and the University of Graz The University of Graz (German, Karl-Franzens-Universität Graz), a university located in Graz, Austria, is the second-largest university in Austria. Karl-Franzens Universität, also referred to as the University of Graz, is the city's oldest university, founded in . EVI's DMFC DMFC Direct Methanol Fuel Cell technology has achieved in laboratory tests the energy density needed to allow commercially acceptable manufacturing costs when combined with rechargeable batteries in an 'all-electric' hybrid system. EVI expects to expand its demonstration program to include an entire DMFC 'Hybrid' system in 2004. EVI also announces that it yesterday issued a total of 1,105,000 stock options pursuant to the Company's 2001 Canadian Stock Option Plan. Such new options were issued to a total of 8 directors, officers, employees and consultants, are exercisable at Cdn. $0.25 per share, vest over an 18 month period, and expire on November 11, 2008. Energy Visions Inc. is a developer of advanced battery and fuel cell technologies, and through PEVI, is a manufacturer and seller of both rechargeable and single-use batteries. Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward looking statements" contained herein. Neither The TSXV nor NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. have reviewed or accept responsibility for the adequacy or accuracy of this release. |
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