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Cymbet Corporation Page 1 of 1 <br /> a , <br /> • <br /> u <br /> ;," - <br /> • <br /> c0RPORArioN <br /> HUM' TECHNOLOGY PRODUCT SOLUTIONS SEARCIi PRESS ROOM <br /> CORPORATE PRESS RELEASE <br /> o CYMBET Closes Series A. Round ��. <br /> ce of CYMBET CORPORATION Elk River Mn. 05/07/01 - Victor Weiss, Chairman <br /> tri •> <br /> W (originally incorporated under the name of Integrated Power Solutions Inc.) <br /> announced receipt of a $4.5 million private placement of equity securities from <br /> two overseas venture capital investment groups, one international group of <br /> individual investors and one from Israel. <br /> r <br /> For the rest of the release, click <br /> d"LdiF?.Y:� <br /> Medtronic Inc.and CYMBET Corporation Enter Exclusivity Arrangement <br /> Elk River Mn. 10/16/01 - CYMBET CORPORATION (formerly Integrated Power ► <br /> Solutions Inc.) announced completion of an agreement with Medtronic Inc. Ada <br /> whereby CYMBET will grant Medtronic a 2-year exclusive right to evaluate <br /> Cymbet's thin-film battery technology for implantable devices in return for ► <br /> testing and other non-disclosed contributions from Medtronic. ZoFw <br /> CYMBET Corporation was co founded by Mark Jenson and Genesis Business <br /> Centers (Harlan Jacobs, President) as a development stage company to <br /> implement a patent pending low cost manufacturing process for an advanced <br /> solid state lithium ion rechargeable battery. The battery chemistry was <br /> developed over a 12 year period at Oak Ridge National Laboratories and has <br /> significant advantages over the best rechargeable batteries in the market. An <br /> important characteristic of the CYMBET battery is its true solid state <br /> construction that results in an extremely large number of recharge cycles <br /> (70,000) with minimal loss of capacity. The manufacturing technology allows <br /> batteries to be incorporated on a wide variety of substrates and in a large <br /> range of sizes and form factors. <br /> Medtronic Inc., headquartered in Minneapolis, is the world's leading medical <br /> technology company, providing lifelong solutions for people with chronic <br /> disease. <br /> • <br /> http://www.cymbet.com/corp_release.php 7/19/02 <br />