EXHIBIT 99.1

                           (MOBILITY ELECTRONICS LOGO)

                         WE MAKE MOBILE COMPUTING EASIER

                           www.mobilityelectronics.com

FOR IMMEDIATE RELEASE

CONTACTS:
Tony Rossi                               Joan Brubacher
FRB | Weber Shandwick                    Mobility Electronics, Inc
310-407-6563                             480-596-0061, ext. 202
trossi@webershandwick.com                jbrubacher@mobl.com

                   MOBILITY ELECTRONICS ANNOUNCES $15 MILLION
                        PRIVATE PLACEMENT OF COMMON STOCK

SCOTTSDALE, Ariz., September 2, 2003 -- Mobility Electronics, Inc. (Nasdaq/NMS:
MOBE), a leading provider of innovative portable computing solutions for the
mobile computer user, today announced that it has completed a private placement
with a group of institutional investors in which the Company sold 2.4 million
shares of its common stock at $6.25 per share, resulting in gross proceeds to
the Company of $15 million before fees and expenses.

"We intend to use the net proceeds of this offering for general corporate
purposes, including funding the increasing working capital requirements that
have resulted from growing demand for our new products," said Charlie Mollo, CEO
of Mobility Electronics. "The capital raised in this private placement will
enable the Company to more effectively pursue the growth opportunities related
to our new product lines, including anticipated major customer initiatives,
which we believe will ultimately benefit both new and existing stockholders."

The securities offered in the private placement have not been registered under
the Securities Act of 1933, as amended, and may not be offered or sold in the
United States in the absence of an effective registration statement or an
applicable exemption from registration requirements. Under the terms of the
transaction, the Company has agreed to use all commercially reasonable efforts
to file a registration statement on Form S-3 with the Securities and Exchange
Commission within 10 days after the closing of the private placement for
purposes of registering for resale all of the common stock issued in the private
placement, and to cause such registration statement to become effective as
promptly after filing as possible.

This news release does not constitute an offer to sell or the solicitation to
buy, nor will there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state.


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Mobility Electronics Announces $15 Million Private Placement Of Common Stock
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ABOUT MOBILITY ELECTRONICS, INC.

Mobility Electronics, Inc., based in Scottsdale, Ariz., is a leader in the
mobile computing industry, designing, developing and marketing products that
allow users to get more from their mobile computing devices. Mobility
Electronics' innovative solutions include power devices, software and
accessories for handheld and notebook computers, as well as docking stations,
connectivity, expansion and video products for portable computers.

Mobility Electronics' brands include both the iGo and MAGMA(TM) product lines.
iGo's flagship products include the industry's first combination AC/DC power
adapter, Juice(TM) as well as first-to-market handheld software and accessory
products such as Pitch(TM) and Quickoffice. The company's MAGMA line of patented
expansion products enables the industry's only PCI expansion solutions for
servers, desktop and mobile computing users.

Mobility Electronics' products are available to mobile professionals directly
via the company's award-winning Web site (www.igo.com) as well as through the
company's global distribution base of leading resellers, retailers and OEM
partners. For additional information on Mobility Electronics' products and
services, call 480-596-0061, or visit its Web site at
www.mobilityelectronics.com.

                                       ###

iGo is a registered trademark and Juice, Quickoffice Premier, Quickoffice, Pitch
and MAGMA are trademarks of Mobility Electronic, Inc. All other trademarks or
registered trademarks are the property of their respective owners.

This release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including statements relating
to the benefits of the offering to our new and existing stockholders. These
forward-looking statements are based on management's current expectations and
beliefs and are subject to risks and uncertainties that could cause actual
results to differ materially from those described in the forward-looking
statements. In particular, factors that could cause actual results to differ
materially from those in the forward-looking statements include the loss of, and
failure to replace, any significant customers; the timing and success of new
product introductions; the development and introduction of new products by us
and our competitors; the performance of suppliers and subcontractors; industry
and general economic or business conditions; and other factors detailed in our
filings with the Securities and Exchange Commission. Forward-looking statements
speak only as of the date made and are not guarantees of future performance. We
undertake no obligation to publicly update or revise any forward-looking
statements.