Empower Technologies Signed 3 Year Supply Agreement with Purchase Order and Deposit

Empower Technologies Signed 3 Year Supply Agreement with Purchase Order and Deposit
 
Nov. 10, 2009 - PRLog -- Richmond, British Columbia, Canada - Empower Technologies (TSX.V: EPT) (“Empower”) has signed a 3 year Supply Agreement to supply an asset tracking company (the Customer) a next generation GPS (Global Positioning System) tracking device. This state-of-the-art GPS tracking device is built on Empower’s EMP3503 Single Board Computer platform. This new GPS tracking device will be sold to industries such as golf courses, ski resorts, water resorts, tour operators and equipment rental firms to track mobile equipment and assets (i.e.: golf carts, skidoos, RV, heavy equipment, and tour buses). The first purchase order has been received and a deposit collected. This is subject to the Customer’s acceptance of the production prototype. The first purchase order is valued at over a million US dollars and calls for first delivery of production units as soon as possible but no later than May 31, 2010.

Empower has been selected by our customer for our collection of in-house IP (Intellectual Property) core technologies in GPS and navigation technologies, wireless communications, multimedia technologies, and powerful embedded hardware and operating system platforms.


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About Empower Technologies™

Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (Linux Embedded Operating System) to the dynamic embedded computing Industry and the emerging Intelligent Appliance Market, through their development of Linux-based operating software and embedded system technologies and solutions.  

The products and services that form the base of its business activities include an embedded system development platform for LEOs®, based on Texas Instruments™ embedded CPU platform, that fulfill the needs and demands of developers and the embedded computing Industry.  Empower is continuing to develop LEOs® and newer versions of embedded CPUs in line with Texas Instruments™.

By uniting top professionals from within the computer industry and developing quality partnerships and strategic alliances, Empower is committed to being the leading developer of Linux-based operating software and embedded system technologies and solutions for electronics manufacturers and developers.

Empower’s brands are “LEOs®”, “LinuxDA™”, Linux-based embedded operating systems and “PowerPlay™”, smart consumer electronics.

Contact Information:

Media Enquiries:
Anson Mak – info@empowertechnologies.com or via Tel @ (604) 278-3100

Investor Relations: investorline@empowertechnologies.com

More Information on Empower Technologies:   www.empowertechnologies.com

Sales Enquiries:   sales@empowertechnologies.com or via Tel @ (604) 278-3100

Paul Leung
Chairman, President and CEO

Empower Technologies Corporation
# 405-5600 Parkwood Way
Crestwood Commerce Centre
Richmond, BC, Canada V6V 2M2

The statements contained in this news release that are not historical facts are forward looking statements.  Such statements are based on management's estimates, assumptions and projections using available information.  The company cautions that actual financial results could differ materially from the current expectations due to a number of factors.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that terms are defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Empower Technologies, LEOs, PowerPlay and LinuxDA are the trademarks of Empower Technologies, Inc.  All other brands are trademarks of their respective owners.

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Empower Technologies is a developer and provider of Linux-based embedded operating software, development platforms and system technologies for embedded computing industry which includes the automotive, RFID, industrial control, and medical devices sectors
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