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EnerDynamic PWR Wagon Technology Update

Monday, 22 June 2020 05:58 AM

EnerDynamic Hybrid Technologies Corp.

NIAGARA FALLS, ON / ACCESSWIRE / June 22, 2020 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT") is pleased to provide a technology and finance update to shareholders on enhancements and refinements to its PWR Wagon.

EHT has now updated its PWR Wagon to include its new Enertec Solar Panels with world leading back contact cell technology, which provides a better power delivery system from the solar cell to the panel. This will allow for more watts of energy to be produced per square foot of surface area.

EHT is very pleased to announce it has secured a financial lending partner to lease the PWR Wagon for as low as $399.95 per month (please click on the brochure link below). This will now allow contractors to purchase PWR Wagons without having to pay the full price upfront and make it more cost efficient for contractors to purchase a PWR Wagon vs a gas generator. For example, if a contractor pays $30 a day on average for gas to run a generator and he works 20 days per month it would cost him approximately $600 per month in fuel costs (excluding the cost of the generator and maintenance). With the purchase of a PWR Wagon, the contractor would have a net saving of at least $200 per month.

Please see our new PWR Wagon brochure: click here now!

John Gamble, EHT's CEO, commented: "We continue to move forward on a lot of fronts; the addition of attractive, available financing to acquire PWR Wagons is very important to EHT to ramp up our sales and revenues. Coming out of the first wave of COVID-19, we now have a suite of products that are market ready, and we plan to continue to work arduously and assiduously to maximize sales in all our product and service areas."

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. EnerDynamic Hybrid Technologies Corp., Monday, June 22, 2020, Press release picture EHT's expertise includes the development of its ENERTEC module structures with full integration of smart energy solutions. Using a proprietary skin and foam core that is stronger than traditional wood or steel structural insulated panels, EHT provides exceptional thermal energy efficiency in modular homes, cold storage facilities, residential/commercial out buildings and emergency/temporary shelters. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. In addition to traditional support to established electrical networks, ENERTEC buildings excel where no electrical grid exists.

About ENERTEC

The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.

At the core of the ENERTEC product line is the ENERTEC Embedded Solar Roof Module. Solar cells can be embedded in a proprietary fireproof skin resulting in substantial cost savings by eliminating heavy glass panels and aluminum racking required for traditional solar panels. Two barriers to greater adoption of solar energy are weight limitations of the roof on which solar panels could be deployed and onerous shipping and labour costs. A lighter product at a better price point will open a larger market for solar due to the faster return of capital investment especially for rural and remote users looking to go off-grid. Furthermore, the entire EHT embedded solar roof becomes a massive solar panel capable of producing significantly more energy than the home requires, allowing the structure to then become an important source of power for the local micro grid or large battery storage systems.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of

1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements herein that are not historical facts are forward‐looking statements. Forward-looking information relating to sales of the products (the "Opportunities") involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:

John Gamble
Director
(289) 488-1699
[email protected]
[email protected]
Website: www.ehthybrid.com

SOURCE: EnerDynamic Hybrid Technologies Corp.

Topic:
Company Update
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