Dr. Sankar Das Gupta Press Release

From: CCNMatthews Newswire | Date: October 6, 2006 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - Oct. 6, 2006) - Dr. Sankar Das Gupta announced today that he has indirectly acquired 21,514,823 common shares of Electrovaya Inc. ("Electrovaya"), from Dr. James K. Jacobs, who had previously shared control of Electrovaya with Dr. Das Gupta. The shares were acquired by Dr. Das Gupta at an aggregate purchase price of $1,500,000. The closing price of ...

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