EnerDynamic Hybrid Technologies Supplies Brock University and Announces Grant of Options
Niagara Falls, Ontario–(Newsfile Corp. – January 23, 2019) – EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) (“EHT“) is pleased to announce that Brock University has selected EHT to supply the solar technology to power a multi-directional sign program for Brock University.
The six campus directory signs will be powered solely from the energy provided by the EHT solar system including ENERTEC ultra-light 250Watt solar panels. The ability to provide non-grid connected signs not only saves on normal power costs, but as the university expands the campus in the future the ability to easily relocate these signs.
Jerry Foster, the Sign Consultant coordinating the project on behalf of Brock University, commented that, “EHT’s lighter weight and extremely durable solar panels provide the required solar power and tangible benefits that traditional solar panels could not. The potential of integrating EHT’s solar technology into illuminated signage has significant global market potential. In fact, entire signs can be designed to be constructed using the EHT ENERTEC material.”
John Gamble, CEO of EHT, commented that, “This niche market simply indicates the vast opportunities in front of the Company as well as the acceptance of the ENERTEC product lines. We are very please to assist a Canadian learning centre in any way possible.”
EHT is also pleased to announce that it has granted 10,450,000 incentive stock options under its stock option plan to directors, officers, employees and consultants. The stock options are exercisable for a period of five (5) years at an exercise price of $0.10 per share, and the grant is subject to regulatory approval.
About EnerDynamic Hybrid TechnologiesEHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. 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.
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: