Tech/Ops Sevcon Reports Commencement of Shipments for Ford TH!NK Neighbor

    BURLINGTON, Mass.--Dec. 17, 2001--Tech/Ops Sevcon, Inc. (AMEX symbol TO) reported that it has commenced shipments of its new DC/DC converter to the Ford Motor Company for the Ford TH!NK Neighbor vehicle.
    A DC/DC converter is an electronic device that allows the use of standard 12-volt accessories such as, wipers, horns and dashboard instruments to be powered from the vehicle's main 72-volt battery supply. The Sevcon DC/DC converter operates by electronically reducing the battery voltage and efficiently manages the supply of both voltage and current to the vehicle's 12-volt accessories. The use of the DC/DC converter in this way removes the need for a separate 12-volt battery and charging system. The converter has been specially designed for industrial and commercial vehicle applications. Each TH!NK neighbor vehicle is equipped with one Sevcon DC/DC converter as standard and a second DC/DC converter is available as an option for vehicles fitted with additional optional accessories.
    The TH!NK neighbor is a small electric vehicle designed to carry up to four people at speeds up to 25 miles per hour. It enhances personal mobility in centralized areas such as gated/planned communities, resorts, universities and military bases to name a few.
    Visit the following websites for further details: www.sevcon.com and www.thinkmobility.com.
    Tech/Ops Sevcon, Inc. is a world leader in the design, manufacture and marketing of microprocessor based controls for electric vehicles. The controls are used to vary the speed and movement of vehicles, to integrate specialized functions, and to prolong the shift life of the vehicles' batteries. Sevcon supplies customers throughout the world from its operations in the United Kingdom, the USA, France, the Far East, and through an international dealer network. The Company's customers are manufacturers of fork lift trucks, aerial lifts, mining vehicles, airport tractors, sweepers, and other battery powered vehicles.