http://www.electrovaya.com/pdf/PR/2012/PR20120307.pdf

Toronto, Ontario – March 7, 2012 – Electrovaya Inc. (TSX: EFL) today announced that its Annual Shareholder Meeting will be held on March 30, 2012 beginning at 4PM at the office of Electrovaya, located at 2645 Royal Windsor Drive, Mississauga, Ontario.
Mr. Tom LaSorda, a member of the board and Special Advisor to the CEO since March 2010 will not be standing for re-election at the Meeting as he has recently been appointed the Chief Executive Officer of Fisker Automotive, Inc.
“It has been a wonderful pleasure working with Tom" says Dr Sankar Das Gupta, Chairman and CEO of Electrovaya, ``We wish him the very best with his exciting appointment as CEO of Fisker Automotive``
"I look forward to Electrovaya's continued success in powering Electric Vehicles and Alternate Energy", said Mr. LaSorda. "It has been a great experience working with the Electrovaya team as they make critical advances in clean manufacturing and cutting-edge battery technology."