HaloIPT Signs Manufacturing Deals in UK and Asia

By Haloipt, PRNE
Sunday, June 5, 2011

LONDON, June 6, 2011 -

- Wireless Charging for Electric Vehicles Goes Into Production

HaloIPT, the global leader in Inductive Power Transfer (IPT) systems for
wirelessly charging electric vehicles, today announces two new strategic
relationships that will start volume production of IPT charging technology.
HaloIPT will work with Chargemaster PLC in Europe and Evida Power Ltd in
Asia to bring IPT charging to the worldwide electric vehicle industry within
the next 18 months.

Chargemaster, which has the largest number of electric vehicle charging
bays in the UK, will set up initial UK manufacturing production for HaloIPT.
This will produce the hardware that allows electric vehicles fitted with an
integrated receiver pad to charge automatically when parked or driven over
transmitter pads in the ground. By Q2 2012, this partnership will put plans
in place for Chargemaster to oversee the delivery of fully-assembled and
tested production IPT systems, ready for deployment.

HaloIPT has also signed a strategic partnership with Evida Power, Ltd., a
leading designer and manufacturer of lithium-ion battery packs for EVs.
Evida, which has operations in Europe, Israel and China, is working with
HaloIPT to explore the feasibility of manufacturing 40,000 HaloIPT systems in
Asia over a five-year period. These units will become a specification option
on a forthcoming electric vehicle.

David Martell, CEO of Chargemaster, said: "We have been involved with
HaloIPT since the company's formation because we can see the huge potential
of this technology for the electric vehicle market. Chargemaster is proud to
always lead the field with advanced technology for charging electric cars.
IPT technology will complement our range of charging solutions by providing
wireless charging for the future".

Dr Anthony Thomson, CEO of HaloIPT, said: "The deals with Chargemaster
and Evida demonstrate the significant momentum building behind our systems,
which is taking us beyond prototype testing and into the production and
delivery to the industry."

Epoch PR on behalf of HaloIPT, Sarah Mulder / Helen Fitzhugh, Email: smulder at epochpr.com / hfitzhugh at epochpr.com, Tel: +44-(0)207-401-8001 / +44-(0)7528-37848.

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