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Press release from Marketwire

Electrovaya Announces Conference Call Concerning Q2 Fiscal Year 2012 Results on May 14, 2012

Friday, May 11, 2012

Electrovaya Announces Conference Call Concerning Q2 Fiscal Year 2012 Results on May 14, 201219:02 EDT Friday, May 11, 2012TORONTO, ONTARIO--(Marketwire - May 11, 2012) - Electrovaya Inc. (TSX:EFL) announced today that it will report second quarter fiscal year 2012 financial results for the quarter ended March 31, 2012 after market close on Monday, May 14, 2012. Electrovaya will hold a conference call on May 14, 2012 at 5:00 p.m. Eastern Time (ET) to discuss the Company's financial results and provide a business update. Conference Call Details: U.S and Canada toll free: (877) 407-8291 International: +1 (201) 689-8345To help ensure that the conference begins in a timely manner, please dial in 10 minutes prior to the start of the call. For those unable to participate in the conference call, a replay will be available for two weeks beginning at 9 p.m. (ET) on May 14, 2012 through 11:59 p.m. (ET) on May 30, 2012. To access the replay, the U.S. dial-in number is (877) 660-6853 and the non-U.S. dial-in number is +1 (201) 612-7415. The replay access account is 393# and the conference ID is 394527#.About Electrovaya Inc: Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets. The Company's mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company's other mission is to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is powering mobility, please explore www.electrovaya.com.FOR FURTHER INFORMATION PLEASE CONTACT: 905.855.4618Electrovaya Inc.ir@electrovaya.comwww.electrovaya.com