Empower Technologies
Completion of Early Debenture Conversion of $528,128 into Shares
February 2, 2011 – Richmond, British Columbia, Canada –
Empower Technologies Corporation (TSX.V: EPT) ("Empower”), further to January 5, 2011 news release, the Company is pleased to announce that, it has received
approval from the TSX Venture Exchange on January 28, 2011 to convert $528,128 of the total $689,628 Convertible Debentures plus the accumulated interest for the total of $599,525 into Common Shares at a price of $0.20 per Common Share for a total of 2,997,625 Empower shares.
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, “PowerPlay™”, smart
consumer electronics.
|