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Alpine 4 Holdings (ALPP) Subsidiary, Identified Technologies, Provides Clarity Around its Press Release Dated November 18th, 2021

Friday, 17 December 2021 04:30 PM

Alpine 4 Technologies, Ltd.

PHOENIX, AZ / ACCESSWIRE / December 17, 2021 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, subsidiary Identified Technologies (Identified), announced today that after inquiries from several shareholders, the company would like to clarify that its contract for the Everglades Restoration Project is through a prime contractor, as opposed to directly with the Army Corps of Engineers.

Project Details: The Everglades Restoration Project is one of the largest water management projects in the country. It involves a 16-mile sand embarkment dam, a 10-acre reservoir, a perimeter canal, and multiple water control structures. The Identified software platform is being deployed to help manage construction for a multi-national contractor and keep federal, state, and county project stakeholders aligned with one another.

Dick Zhang, President of Identified commented, "After receiving some inquires, I want to give more clarity around my statements from a few weeks ago. Our work is contracted with the C43 Water Management Builders, referenced above and in the original press release as the "multinational contractor." The C43 Reservoir is part of the Comprehensive Everglades Restoration Plan (CERP), launched in 2001 and jointly funded by the federal government and the state of Florida through the U.S. Army Corps of Engineers and the South Florida Water Management District. Our work on this vast landscape showcases our ability to deliver data analysis and accuracy on an unprecedented scale. I am humbled that our team is able to contribute to a project with such reach. The restoration plan will have positive impacts in the community, the ecosystem, the seafood industry, and hundreds of miles of Florida's coastline."

Kent Wilson, CEO of Alpine 4, had this to say, "While the merits of this work have not changed, nor should the work that Dick and his team are doing be diminished, we felt it was best to clarify this information to the public. As always, we value our shareholders and look forward to completing this project!"

Identified Technologies currently resides in the A4 Aerospace Portfolio as both a Driver and Facilitator from Alpine 4's DSF business model.

About Identified Technologies: Identified Technologies (Identified) provides 2D data, 3D volumetrics, orthomosaics, as built versus as planned comparisons, as well as progress and cost forecasting and change detection for industrial clientele. Identified's software and services take care of everything from FAA compliance and flight planning to advanced analytics. Identified empowers companies, including Lane Construction, Vulcan Materials, Granite Construction and PJ Dick with the ability to map highways, mines, and landfills in near real-time.

About Alpine 4 Holdings: Alpine 4 Holdings, Inc. (ALPP) is a NASDAQ traded conglomerate that acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.

Contact: Investor Relations
[email protected]

Forward-Looking Statements: The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.

SOURCE: Alpine 4 Technologies, Ltd.

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