Ener1 Inc to Present at RedChip Small Cap Investor Conference

Ener1 Inc (OTC Bulletin Board: ENEI), an alternative energy company, announced that it is scheduled to present at the RedChip Small Cap Investor Conference on Friday, April 28th at the Hard Rock Hotel and Casino in Hollywood, Florida. Ulrik Grape, president of Ener1's lithium-ion battery company, EnerDel, and Rex Hodge, president of its fuel cell company, EnerFuel, will discuss their strategies to commercialize Ener1's technologies for emerging battery and fuel cell markets. Ener1's senior executive management team of Chairman Charles Gassenheimer, Interim CEO Ronald Stewart and CFO Jerry Herlihy will also provide information on the Company's progress and plans.

For those unable to attend the conference, a simultaneous webcast of the presentation will be available by logging onto http://www.redchip.com/visibility. A replay will also be available for three months using the same URL.

About Ener1 Inc

Ener1 Inc (OTC Bulletin Board: ENEI) is an alternative energy technology company. Its interests include: lithium-ion battery companies EnerDel (http://www.enerdel.com), in which Delphi Corp. owns minority interest, and Japan-based Enerstruct, a joint venture with Ener1 strategic investor ITOCHU; wholly owned subsidiary EnerFuel, a fuel cell products and services company (http://www.enerfuel.com); and wholly owned subsidiary NanoEner, which develops nanotechnology-based materials and manufacturing processes for batteries and other applications (http://www.nanoener.com). For more information, visit http://www.ener1.com.

Contact: Michael Mason (investors) Alys Daly

Allen & Caron Inc Ener1 Inc

212 691 8087 954 202 4442

michaelm@allencaron.com adaly@ener1.com

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