Electrovaya's German Subsidiary Receives Euro 18.5 Million (Cdn $27 Million) Contract

TORONTO, ON--(Marketwired - September 01, 2015) - Electrovaya Inc. (EFL.TO) today announced that its wholly owned subsidiary, Litarion GmbH, has signed a contract for about Euro 18.5 million (Cdn $ 27.3 million) to supply Lithium Ion battery products to a German company in the non-automotive space. About Euro 2.8 million (Cdn $4.1) of the contract will be delivered in 2015.

"As part of our business development activities, we are finding tremendous interest for our lithium ion battery products in Germany and Europe across all business segments including emobility and energy storage. This contract is a strong start to the very large demand for our products across these multiple sectors," says Maxime Vidricaire, Head of Business Development at Litarion.

Nano One Reports On Testing Of Next Generation Battery Materials

Innovative Process Shows Favourable Capacity, Cycling and Density

VANCOUVER, BC June 17, 2015 / Nano One Materials Corp. ("Nano One" or the "Company") (TSX VENTURE: NNO.V) is pleased to provide an update on current activities and progress towards milestones in its battery materials optimization and piloting.

Nano One is optimizing its process and its materials with the goal of demonstrating long lasting high energy density batteries in 2015 and scalable pilot production of its materials in 2016. Recent innovations to Nano One's process have been developed to augment manufacturing efficiencies. These achievements have led to improved structural properties of the materials with higher densities. Electrochemical analyses of the materials in batteries has been underway at Nano One's Burnaby facility since April and are showing favourable capacity and charging in larger format cells.