Empower Technologies Corporation Extends Closing of the Purchase of Pixon Imaging, LLC

Empower Technologies Corporation Extends Closing of the Purchase of Pixon Imaging, LLC
 
Jan. 13, 2010 - PRLog -- January 13, 2010 – Richmond, British Columbia, Canada – Empower Technologies Corporation (TSX.V: EPT) (Empower) announces that it has signed an amendment to the Purchase Agreement with Pixon Imaging LLC to among other things, extend the closing date of the purchase to be on or before February 26, 2010.  The amendment provides for further repayable deposits to be advanced to the vendors, which could total as much as US$210,000 depending on when the closing occurs.  

The purchase price and all other material terms of the purchase of Pixon Imaging remain the same.

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About Pixon Imaging, LLC

San Diego, CA based Pixon Imaging develops and manufactures advanced real-time video image-processing software and hardware for military, homeland security, surveillance, and scientific applications. For more information, visit http://www.pixonimaging.com.

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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