Empower Technologies Extended Pixon Imaging Purchase and Update March 18, 2010 – Richmond, British Columbia, Canada – Empower Technologies Corporation (TSX.V: EPT) (Empower) announces a 30 days extension commencing March 17, 2010 of the definitive agreement to purchase Pixon Imaging, LLC which was terminated and expired earlier. Under this extension, Empower has an option to extend for another 30 days subject to certain terms and conditions. As a condition of this 30 days extension, Empower has accepted the Pixon Imaging Purchase Order under certain terms and conditions to deliver the completed executable PX40 IP (Intellectual Property) Protection Software and to provide the full turnkey hardware and software development of the PX60 image processor from engineering to production in order for Pixon Imaging to meet the product delivery schedule of a major customer. The purchase price and most material terms of the purchase of Pixon Imaging remain the same.
About Empower Technologies™ Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (Linux 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, “BullsEye” Video Imaging Technology, and “PowerPlay™”, smart consumer electronics.
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