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Perpetua Power Source Technologies Announces Acquisition of Thermo Life® Energy Corp., adding Chief Scientist to Leadership Team


July 16, 2010

CORVALLIS, OR –– Perpetua Power Source Technologies, Inc. (Perpetua), a leading provider of renewable energy solutions for wireless sensors, today announced the acquisition of Energy Harvesting Technologies, Inc., d.b.a. Thermo Life® Energy Corp., (www.poweredbythermolife.com) a leading developer of advanced thermoelectric technology.

Thermo Life® Energy Corp. first introduced its 3Volt thin-film thermoelectric device in 2001, under joint development with D.T.S., GmbH, Halle, Germany. Since, Thermo Life has obtained multiple patents and patents-pending for its unique thermoelectric processes, representing over a decade of research and development efforts. Thermo Life’s technology and solutions will be integrated into Perpetua’s existing product line, enabling miniaturized product solutions for use in powering wireless area body networks and other key applications. Ingo Stark, Ph.D., a world-renowned expert in thermoelectrics and Chief Technology Officer of Thermo Life, joins Perpetua as Chief Scientist and will head thermoelectric research.

"With the addition of Thermo Life®, Perpetua offers one of the most comprehensive thermoelectric energy harvesting platforms in the industry. We can now offer thermoelectric solutions for powering body-worn sensors all the way to industrial monitoring and process control systems," said Jon Hofmeister, Perpetua President. "Additionally, Dr. Ingo Stark will enhance the thermoelectric science community already internationally respected here in the Pacific Northwest.”

"We are very excited to be joining forces and bringing the value of our combined assets to a larger audience," said Ingo Stark, Ph.D. "We share Perpetua's vision of offering full product solutions to the wireless sensor market and making thermoelectric solutions easy to understand and use.”

About Perpetua Power Source Technologies, Inc.: Perpetua (www.perpetuapower.com) is dedicated to offering high quality, cost-effective, and easy-to-use power source products that last as long as the electronics they power. By extending the life of batteries and in some cases replacing batteries altogether, Perpetua products enable wireless sensor users to collect more data over time and offer more opportunities to operate autonomously in diverse environments.

About Thermo Life® Energy Corp.: Thermo Life® (www.poweredbythermolife.com) is a revolutionary micro-technology device that is the culmination of over a decade of research and development. Thermo Life is a unique, small and compact thermoelectric energy source for devices such as micro sensor systems, ZigBee chipsets, wearable electronics, implantable medical devices, active RFID tags and numerous other applications.

info@perpetuapower.com




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