Change is in the air.

We have changed our name to COBASYS.

Troy, Mich., March 15, 2004 -- As a reflection of our success in establishing our position as a premier transportation battery systems supplier and our expansion into the new markets of stationary power systems, we are proud to announce that we will be changing our name. Effective March 15, 2004, we will be known as COBASYS! We are proud that our new name reflects our independence and growth as a total battery systems solutions supplier for both stationary and transportation applications.

Although our name has changed, our vision and values have not. Our vision remains, �To be the world�s most admired NiMH solutions company�. This vision is supported by key values, first and foremost �integrity and trust�.

We welcome the opportunity to demonstrate our commitment to your business in the near future. Please don�t hesitate to call the Cobasys sales team with your stationary back up storage and transportation battery systems needs.



Sincerely,

The Employees of Cobasys






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