Empower Technologies™ Join Forces With Global Upholstery To Open
Digital Furniture Market
Richmond, British Columbia – September 5, 2007 - Empower Technologies (“Empower”) (TSX.V: EPT) is pleased to announce the signing of a Letter of Agreement and a Letter of Intent with Global Upholstery, a subsidiary of Global Group.
Under the Letter of Agreement, Empower Technologies (Empower) licenses Global Upholstery (Global) to manufacture, market, and sell Empower's PowerPlay branded 5.1 Pro Media Chair through Global's own sales and distribution channels. Empower and Global have been working together since 2005. Global is the original equipment manufacturer of the chair used in Empower's PowerPlay 5.1 Pro Media Chair and Empower's award-winning “iMedia Chair” (winner of International Consumer Electronics Show Innovations 2007 Design and Engineering Awards Honoree).
With the Letter of Intent, Empower and Global will work together to develop and to create new digital furniture that appeals to the professional, office, and healthcare markets. Empower and Global will sign a definitive agreement once the new product is developed. Under the definitive agreement being contemplated, Empower will be responsible for the software and hardware development and engineering, while Global will offer its expertise in the ergonomic, mechanical, design, and engineering of furniture. Global will also have the exclusive right to the marketing, distribution, and sales of the digital furniture created. Empower and Global engineering will work together to integrate Empower's embedded system into Global's furniture design. Once the new digital furniture jointly developed by Empower and Global is ready for market, Empower will supply the software and the electronic system under contract to Global to manufacture, market, and sell the digital furniture.
With the LOA and LOI in place, Empower expects digital furniture business will soon begin generating embedded system revenue. Through Global, Empower plans to become a dominant embedded system supplier in the digital furniture industry.
The Global Group is the sixth-largest furniture maker in the world and is one of the largest Canadian companies in North America . Global Group comprises of Global Upholstery, which offers Total Office Solutions, Global Contract, which focuses on Contract Design office systems, and Globalcare, which is dedicated to quality-of-life products specific to the Healthcare and Long-term/Acute care industries.
At the heart of Global is the desire to bring to market innovative, technologically advanced, and affordable products that meet the needs of their users. In business for forty years, Global has manufactured thousands of products in a multitude of styles with the same high quality and value as the original “Executive” chair. Global's products have been the products of choice for some of the world's most prominent people, including heads of state, top business executives and Hollywood celebrities.
About Empower Technologies™
Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (LinuxDA™ Embedded Operating System) to the dynamic embedded computing Industry and the emerging Intelligent Appliance Market, through their development of Linux-based operating software, embedded system technologies and solutions.
The products and services that form the base of its business activities include an embedded system development platform for LEOs®, based on Texas Instruments™ embedded CPU platform, that fulfill the needs and demands of developers and the embedded computing Industry. Empower is continuing to develop LEOs® and newer versions of embedded CPUs in line with Texas Instruments™.
By uniting top professionals from within the computer industry and developing 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 electronics manufacturers and developers.
Empower's brands are “LEOs®”, “LinuxDA™”, Linux-based embedded operating systems and “PowerPlay™”, smart consumer electronics.
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