ADA, Michigan, May 5 /PRNewswire/ --

- Acquisition Bolsters Fulton Innovation's Industry-Leading Patent 
Portfolio in the Wireless Power Technology Industry

Alticor Inc. today announced that one of its subsidiaries has acquired
the business and assets of Cambridge, U.K.-based Splashpower Limited in
Administration (Splashpower), a developer of wireless power technology. Terms
of the deal were not disclosed. Alticor owns Fulton Innovation, the exclusive
licensor of eCoupled(TM) Intelligent Wireless Power technology.

The acquisition reinforces Fulton's industry-leading position in the
rapidly growing wireless power industry by expanding both the breadth and
depth of Fulton's substantial patent portfolio, comprised of over 250 patents
granted or pending worldwide.

"Today's acquisition reaffirms Fulton's commitment to the continued
development and commercialization of wireless power," said Dave Baarman,
director of advanced technologies for Fulton Innovation. "By combining our
own robust patent portfolio with Splashpower's, we continue to strengthen and
expand our capabilities in the development of wireless power as well as our
global presence. We are extremely fortunate to have the backing and support
of our parent company, Alticor."

The assets of Splashpower were acquired out of the Administration
process. Graham P. Bushby and Lynn R. Bailey of accountancy and business
advisory firm Baker Tilly were appointed Joint Administrators for Splashpower
on March 26, 2008.

Alticor Inc. was advised by Bryan Cave LLP on the transaction.

About Fulton Innovation and eCoupled(TM) Technology

A subsidiary of Alticor, Fulton Innovation is dedicated to
commercializing new and innovative technologies that improve the way we live,
work and play. Fulton is working with a wide range of industry-leading
companies to integrate eCoupled technology into infrastructure and electronic
devices to enable consumers to live a truly wireless life.

The engineers behind eCoupled have been developing, advancing, and
perfecting the technology for over 10 years. eCoupled technology has been
incorporated into Amway's eSpring(TM) water purification devices for seven
years, with over 1.5 million devices sold in over 36 countries worldwide to
date.

Alticor employs more than 13,000 people worldwide, including over 
450 engineers and scientists. Alticor has sales of more than US$7 billion
annually. It is headquartered in Ada, Michigan and has operations in more
than 80 countries and territories worldwide.

For additional information, please visit fultoninnovation.com or
ecoupled.com.

About Splashpower

Privately held Splashpower Ltd., based in Cambridge, U.K., was a leader
in wireless power technology development and a public pioneer and early
champion for commercialization of wireless power technology. Its inductive
charging technology enables power to be transferred without wires to a range
of mobile devices.

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