Electrovaya Inc. (Electrovaya) develops, manufactures and markets portable power technology products using its SuperPolymer technology. Electrovaya offers custom power systems for a variety of applications, including back-up power and mobile energy storage, aerospace and other low pressure applications underwater and other high pressure applications, and plug-in hybrid electric vehicle (PHEV) Conversions. The Company’s wholly owned subsidiaries include 1408871 Ontario Inc., Electrovaya Corp., Electrovaya Company, Electrovaya USA Inc. and Electrovaya Global SRL. During the fiscal year ended September 30, 2008, three customers represented 59% of total revenue.