Delta-Q Technologies Announces Commercial Shipment of QuiQ Battery Charger

BURNABY, BC - January 17, 2003 - Delta-Q Technologies Corp., a leading developer of digitally controlled power conversion products, announced that it has begun commercial shipments of its QuiQ battery charger to its first OEM customer in the recreational and industrial electric vehicle (EV) Industry.

According to Stuart Evans, Sales Manager for Delta-Q, “We’re very excited about this sale which represents the achievement and recognition of a new standard in charging efficiency, accuracy and performance. We’re working with many other key industry OEMs and transitioning them through final stages of field trials and into signed accounts.”

The total value of the contract with this OEM customer is US$450,000 (approximately CDN$700,000). Added to other orders, Delta-Q has over CDN$1M in formal contracts for 2003 delivery.

Delta-Q credits its successful launch to the excellent support received from leading vehicle manufacturers in the industry, during both the product development and field trial stages of the program. Delta-Q has five 1kW (1,000 watt) models available in 24V, 36V, 42V, 48V and 72V DC output configurations. The QuiQ charger operates from a wide-range AC input, allowing vehicle OEMs to replace multiple input voltage/frequency model variations with one QuiQ charger.

Ken Fielding, President and CEO of Delta-Q commented, “We launched our QuiQ battery charger to meet the growing demand from vehicle OEMs for improved charging solutions, while displacing older-technology products that still dominate the industry. This is the first-stage in our total systems-solution approach to solving the vehicle power management problems in this industry.”

The QuiQ charger is a revolutionary design for the industrial battery charger category offering lower overall cost, high efficiency, universal input voltage, small size, light weight, sealed construction, unity power factor correction, and microprocessor control. The charger serves as an entry product to the industry and as a platform for the company’s integrated product solutions now under development.

About Delta-Q Technologies Corp.
Delta-Q develops power management products for the electric vehicle industry and other markets where advanced power conversion solutions are required. These products are based on a power platform that utilizes high efficiency, high frequency power conversion circuits with advanced software control. The resulting benefits: smaller, lighter, higher performance products and lower overall systems cost.

Delta-Q Technologies is a privately held corporation based in Burnaby, BC.

For more information, please visit: www.delta-q.com or contact Ken Fielding at 604.327.8244 (or kfielding@delta-q.com).