Mobility Electronics, Inc. and Energizer Battery, Inc. agreed on a multi-year alliance to jointly pursue the electronic device power adapter and battery markets.
Under the terms of the agreement, Mobility Electronics and Energizer have agreed to jointly develop and market a family of new power adapter and battery products that combine and leverage each company's leading edge patented technology. This new product category, which will include the addition of Energizer battery capability on a number of Mobility's unique power adapter and itip products, will be distributed through Energizer's and Mobility's global channels. Energizer currently distributes its products through hundreds of thousands of retail locations that can potentially carry this new product family.
Energizer will also market and distribute Energizer branded versions of a number of Mobility's current universal power adapters for consumer electronic devices on a worldwide basis. Mobility's patented power technology allows a single power adapter to be utilized with a wide variety of portable electronic devices (mobile phones, PDAs, digital cameras, etc.). The combination AC/DC models also provide the capability of simultaneously powering/charging two portable electronic devices from any standard power source (air, auto and wall outlets) when utilized with the iGo DualPower accessory.
Products covered under this agreement include the following:
iGo EverywherePower 3500, a compact AC/DC power adapter that powers and charges portable electronic devices from any power source.
iGo AutoPower, a DC adapter that powers and charges portable electronic devices from any standard auto power outlet.
iGo WallPower, an AC adapter that powers and charges portable electronic devices from any standard wall power outlet.
itips, interchangeable tips that allow consumers to utilize a single power adapter for all of their portable electronic devices by simply switching tips.
Energizer plans to begin rolling out Mobility's current products in the mid- to later part of 2005. The first jointly developed products are planned for launch in late 2005 or early 2006.