Niagara Falls, Ontario--(Newsfile Corp. - February 11, 2019) - EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) ("EHT") is pleased to provide, as part of it continuous disclosure program, an update on several initiatives.
The Company has relocated from Welland to Niagara Falls as disclosed in its October 31, 2018. The new facility can be seen at the following link:
Corporate Update by Region
The Company has made progress in bringing its ENERTEC products into new markets:
Ghana
Burkina Faso
Ivory Coast
Pakistan
United States-Southwestern Region
United States-Puerto Rico
National
John Gamble, CEO of EHT, commented that: "The number of opportunities continues to expand while management progresses each current opportunity towards fruition and the funding required." Mr. Gamble further commented that "These products require a long sell cycle given that we do not sell individual units at retail but rather target large scale contracts. We continue to be patient while we progress towards success."
About EnerDynamic Hybrid TechnologiesAbout 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 fire proof 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.
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
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42745