Empower Technologies™ Proceeding with Prospectus Offering Richmond, British Columbia – May 16, 2005 - Empower Technologies Corporation (“Empower”) is pleased to announce that it is proceeding with its Prospectus Offering ("Offering") of 3,333,333 units to raise up to $7,500,000 with Canaccord Capital Corporation acting as the Agent. Each unit is offered at $2.25 and consists of one common share and one half warrant. A full warrant will be exercisable to acquire one further share at $2.50 per share for 12 months following the closing of the Offering.
About Empower Technologies™ Founded in 2000, Empower recently developed a new embedded CPU platform for its LinuxDA Embedded O/S (LEOs™) based on Texas Instruments™ OMAP5910 dual core CPU platform. Empower introduced LinuxDA™ O/S. Empower was innovative in introducing to the world, LinuxDA™ O/S, which was the first and only complete Linux Operating System scaled down for the Motorola Dragonball CPU platform that was Palm® Handheld compatible. By combining top professionals, quality partnerships and strategic alliances, Empower is committed to being the leading developer of Linux-based operating software and embedded system technologies and solutions for consumer electronics manufacturers and developers. Empower’s brands are “LinuxDA™” and "LEOs™" (www.linuxda.com), Linux-based embedded operating systems and “PowerPlay™” (www.powerplaydevices.com), smart consumer electronics.
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