Professor Carolyn Hansson CM, FCAE, FRSC, joins Electrovaya's Board of Directors

TORONTO, ON--(Marketwired - February 13, 2017) - Electrovaya (TSX: EFL) (OTCQX: EFLVF) is pleased to welcome Professor Carolyn Hansson CM, FCAE, FRSC, one of Canada's influential and innovative engineers to the Electrovaya Board of Directors.

Professor Hansson has a long and distinguished career in industries such as Lockheed Martin (Martin Marietta), Danish Corrosion Labs and Bell Labs as well in academia (Waterloo, Queens, Columbia & SUNY) and was earlier a member of the Board of a TSX and NASDAQ listed Alternate Energy Company (Hydrogenics). A Professor of Materials Engineering at the University of Waterloo, Dr. Hansson is the recipient of many awards including the Order of Canada and is a member of several influential committees within North America and Europe.

During her tenure as Vice President of Research at Waterloo University Professor Hansson drove innovation across all disciplines of the University. She has wide connections within innovation circles in Canada, USA and Europe having lived and worked on both sides of the Atlantic.

"Carolyn has great practical experience in industry, government and academia and we are delighted that she has agreed to join the Board of Directors at Electrovaya," said Dr. Sankar Das Gupta, Chairman & CEO of Electrovaya.

"The advanced Lithium Ion battery is the key defining technology needed today and Electrovaya provides this critical next generation technology to the emerging alternate energy sector. I am very pleased to join the Board and help build the Company," said Prof. Hansson.

About Electrovaya Inc.

Electrovaya Inc. (TSX: EFL) (OTCQX: EFLVF) designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION^® ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company with extensive patents and other Intellectual Property. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe.