WaveCrest Laboratories to Unveil Prototype Car Powered by In-wheel Electric Propulsion System at EVS-20

Company's High-Performance Electric Bicycles, New Advanced Battery Technology, Also on Display

LONG BEACH, Calif., Nov. 14 -- WaveCrest Laboratories, a leading-edge technology company specializing in electric propulsion systems, will unveil its prototype automobile powered by the company's breakthrough in- wheel electric propulsion system at EVS-20, the 20th International Electric Vehicle Symposium and Exhibition. The prototype will demonstrate how the WaveCrest system's high efficiency, high torque, and high degree of control can enhance performance for a range of vehicles, including hybrid and fuel cell vehicles.

The roadster-style car will be on display at booth 901 at EVS-20, which runs from November 15-19 at the Long Beach Convention Center in Long Beach, California.

"WaveCrest's zero-emissions electric propulsion system helps pave the way for a new generation of vehicles that are environmentally friendly without tradeoffs in performance or function," said Richard Schaum, vice president and general manager of vehicle systems for WaveCrest Laboratories. "The system will help the auto industry bridge from today's vehicles to the functionally enhanced hybrids and fuel cell vehicles of tomorrow -- and each step of the way, vehicles will become cleaner, more efficient and more economical."

Added Schaum, "All fuel cell vehicles require an advanced electric drive propulsion system. A highly efficient system such as WaveCrest's could enable smaller, more cost-effective fuel cells, which in turn can help accelerate widespread adoption of this technology."

WaveCrest's propulsion system, which consists of an electric Adaptive Motor(R) system, customizable controls and advanced battery technology, transforms electrical energy to mechanical motion with unprecedented power and efficiency. The technology enhances the performance and control of vehicles by efficiently delivering both accelerative and regenerative power at each drive wheel on demand. System software monitors vehicle stability and individually regulates each wheel to enable unmatched safety and control.

The WaveCrest system will be further demonstrated at EVS-20 in the company's line of high-performance electric bicycles: the TidalForce M-750 for military, security and law enforcement applications; and the TidalForce "io" for consumers. Both bicycles, which are powered by a WaveCrest Adaptive Motor system in the rear hub, provide an exceptionally smooth, powerful and efficient ride.

WaveCrest Introduces New Battery Technology

EVS-20 will also provide the first viewing of WaveCrest's new battery technology, which delivers both high power and high energy in a single design by manufacturing the cells in a spiral-wound stack rather than a cylindrical structure. Patented current collector technology enables power to pass through the body of the wound cell, directly from one cell to the next, unlike conventional batteries that use small current collectors to pass the power between cells.

"These batteries are ideal for hybrid applications due to their ability to deliver high power during hard accelerations and efficiently recapture significantly more energy during regenerative braking," said Schaum. The batteries will be used as part of the WaveCrest electric propulsion system and will also be sold separately to manufacturers seeking robust, highly efficient battery technology.

About WaveCrest Laboratories

WaveCrest Laboratories is a leading-edge technology company specializing in electric propulsion systems. The company's WaveCrest Adaptive Motor system transforms electrical energy into mechanical motion -- and vice versa -- with exceptional power and efficiency. This adaptive electric propulsion system will launch a new generation of transportation, as well as wide-ranging industrial and commercial applications. Based near Washington, D.C., WaveCrest Laboratories employs a staff of world-renowned scientists and engineers. Additional information is available on the company's Web site at www.wavecrestlabs.com.