VANCOUVER, B.C. (March 5, 2020) – Sue Ozdemir, the CEO of Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (“Exro” or the “Company”), is pleased to announce Exro’s technology to improve the performance of the world’s electric motors will be profiled on Business TV-News. It will first air this weekend in Canada on the BNN Bloomberg network.
The broadcast, a five-minute overview of Exro’s technology to dramatically improve the speed, torque and energy efficiency of electric motors, will be aired Saturday, March 7th, in Canada, and in the US on March 15. A preview of the interview can be seen here.
“Our objective is to tell investors, manufacturers and the public around the world about our remarkable technology, which is now being commercialized,” said Ozdemir.
“We want to share this made-in-Canada technology with sectors where electric motors are essential — automotive, wind energy, recreational and last-mile vehicles, agriculture, public transportation and many others,’ Ozdemir added. “Exro unlocks the full potential of electric motors, to make them faster, stronger and greener.”
BTV-Business Television is Canada's longest running business show. With Hosts Taylor Thoen and Jessica Katrichak, BTV features emerging companies across the country to bring investment opportunities to everyday people.
Exro is part of the BTV series looking at companies “Using Innovation to Drive Success.”
After almost a decade of research and development, Exro is now in its commercialization phase. Ozdemir, who was appointed Exro’s CEO in September 2019 after serving as CEO of GE’s Small Industrial Motors Division, is leading a strategy with her team to introduce Exro to the automotive, energy, agricultural and recreational sectors, among others.
CONTACT INFORMATION EXRO
Canada: Jake Bouma
Intrynsyc Capital Corp.
United States: Vic Allgeier
TTC Group Inc.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
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.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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