Exro Announces Darryl Wilson as Chairman of Business Advisory Board

November 5, 2019

At a Glance

Exro Announces Darryl Wilson as Chairman of Business Advisory Board

VANCOUVER, B.C. – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (the “Company”) is pleased to announce that Darryl Wilson will be joining Exro as the Chairman of its Business Advisory Board (“Advisory Board”).  Exro is now formalizing its Advisory Board to provide guidance to the Company on its commercialization journey and will continue to expand the Advisory Board’s membership in the coming months.

“I am very excited to have Darryl join as Chairman of our Advisory Board” said Sue Ozdemir, CEO of Exro.   “Darryl has been a colleague of mine for a long time and he has taught me so much about business in our time together at GE. I know our team will benefit immensely from his 25 plus years experience in the electric generation and distribution businesses.”

Mr. Wilson’s 26-year career with General Electric Company (GE) took him around the world. He was President and CEO of GE Consumer and Industrial in Budapest, Hungary then President and CEO of Consumer and Industrial Asia Pacific in Shanghai City, China. Returning to the United States in 2008, Mr. Wilson took on the role of President and CEO of GE Aero Energy in Houston, Texas amongst other roles before retiring as Vice President of Commercial GE Power in 2018.

Mr. Wilson serves on the board of the Houston branch of the Dallas Federal Reserve Bank and on the board of the Julia C. Hester House Community Center.  He previously served on the executive committee of the Greater Houston Partnership. Mr. Wilson received a Master of Business Administration degree in marketing from Indiana University and a Bachelor of Arts in business administration from Baldwin-Wallace College.

“I am delighted to join Sue and her team at Exro” said Darryl Wilson “I have gained a wealth of experience building out various aspects of electrification in our world and having the ability to share those experiences with pioneers like Sue and her team as they advance electrification to the next level is not only exciting but very rewarding.”

About Exro Technologies Inc.

Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro's patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives, as well as pumps, industrial motors, and energy capture from wind and tides.


Sue Ozdemir, Chief Executive Officer



Forward Looking Statements

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “believe”, "may", "would", "could", "will" and similar expressions, as they relate to the Company or its management are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements and information concerning the Company’s intention to commercialize its product in the near term.  Such statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not assume any obligation to update these forward-looking statements, except as required by law.


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