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ENER1 APPOINTS INDEPENDENT DIRECTOR
Jan 16, 2008 at 09:37 AM
FORT LAUDERDALE, FL - January 16, 2008 - Ener1, Inc. (OTCBB: ENEI) today announced the appointment of Elliot Fuhr as an independent member of its board of directors. The appointment increases the size of the board to nine members, five of whom are independent.

As a Senior Managing Director at FTI Consulting, Inc., Mr. Fuhr specializes in assisting senior management and boards of directors in the areas of performance improvement, financial and operational restructuring, mergers and acquisitions, divestitures, business planning and rapid implementation projects. He has broad industry experience including engagements with automotive, apparel, retail, technology, manufacturing, services, chemical, and oil & gas companies. Mr. Fuhr has led or is leading several FTI firm-wide initiatives, including Business Quality, Learning & Education, Business Performance Improvement and Key Client programs. He has over 24 years of experience in consulting and restructuring businesses. Mr. Fuhr was previously a partner at PricewaterhouseCoopers LLC in the Business Recovery Services division and had several chemical engineering positions at Exxon.

Charles Gassenheimer, Chairman of Ener1, stated “We look forward to Elliot’s participation as a board member and benefiting from his automotive industry and operational best practices consulting experience. This appointment increases the number of independent directors to a majority of five members, and continues to improve Ener1’s corporate governance profile.”

About Ener1, Inc.
Ener1, Inc. (OTC BB:ENEI.OB - News) is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com or call 954-556-4020

For further details contact:
Jerry Herlihy
Ener1, Inc.
(954) 556-4020
Email:

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