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E-One Moli Energy Corp Exhibits Li-ion Rechargeable Battery for Electric Vehicles

TAIPEI, Taiwan--E-One Moli Energy Corp. (Molicel), the leading developerand manufacturer of Li-ion rechargeable battery, marks its 10thanniversary in business on March 11, 2008. During the celebration, E-One Moli (Molicel) exhibits Li-ion rechargeable battery for hybrid vehicle(HEV), plug-in hybrid vehicle (PHEV), and electric vehicle (EV).

“This is an exciting time and a milestonefor the company,” said Raymond Lee, Presidentand CEO of E-One Moli (Molicel). “We have experienced consistent and rapid growth over the past 3 yearsproviding new and challenging opportunities for our employees.”

E-One Moli (Molicel) was founded in Long Tan, Taoyuan as a new independent business in March 1998. Its charter was to focus on the research and development of Li-ion rechargeable battery toeffectively introduce to the consumer market. In 2000, E-One Moli (Molicel)outgrew its facility and moved to Tainan Science Park, Tainan. Currently, the company is manufacturing and marketing a variety of cylindrical and prismatic cells, and turnkey battery system solutions in any portable devices.

In 2004, E-One Moli (Molicel) took the product a giant step forward;it launched the first high-power lithium-ion battery-IMR26700 forcordless power tool. This power cell was designed to deliver increased powerand up to twice the runtime as traditional power tool models. It supplies power sources for electric bikes, hybrid vehicle (HEV), and plug-inHEV.

“Over the past ten years, E-One Moli(Molicel) has developed a significant range of products to serve the needs ofthe market. Our next targets are to provide Li-ion rechargeable battery module for laptop, power tool and electric vehicles. For electric vehicle battery module, we are working with our strategic partners to meet DOE’s requirement,” stated Raymond Lee. The company will launch new high-power cell and high-rate cell during this year.

E-One Molis’ employees and their familieswill gather in Tainan plant, Tainan this month to celebrate theanniversary and reflect on the firm’s accomplishments.

About E-One Moli Energy Corp.

E-One Moli Energy Corp. is a global lithium-ion battery developer and manufacturer with leading market position and recognized brand(Molicel) in laptop computer, cordless power tool, and electric orhybrid-electric vehicles. The company offers a competitive advantage to customers in terms of design engineering, applications testing, and turnkeybattery system solutions in portable & mobile devices. E-One Moli (Molicel) operates production facilities in Taiwan, Canada and mainland China.For more information, please visit www.e-one.com.tw.