TurnOnGreen, Inc. (“TurnOnGreen”), a green energy technology and
power supply company and subsidiary of BitNile Holdings, Inc. (NYSE
American: NILE), announced today that it will be the primary
sponsor of the No. 16 Paretta Autosport Dallara Chevrolet for the
upcoming Firestone Grand Prix of Monterey, on September 9th through
September 11th.
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the full release here:
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TurnOnGreen, Inc. (“TurnOnGreen”), the
green energy technology and power supply company,
www.TurnOnGreen.com, a subsidiary of BitNile Holdings, Inc. (NYSE
American: NILE), is the primary sponsor of the No. 16 Paretta
Autosport Dallara Chevrolet and its driver, Simona De Silvestro, a
Swiss native nicknamed the “Iron Maiden. Paretta Autosport is the
only female-owned, female-driven, and female-forward team in the
NTT INDYCAR Series. (Photo: Business Wire)
The NTT INDYCAR Series season finale at WeatherTech Raceway
Laguna Seca in Monterey, California, will be the fourth race of
2022 for Paretta Autosport and its driver Simona De Silvestro, a
Swiss native nicknamed the “Iron Maiden.” Paretta Autosport is the
only female-owned, female-driven, and female-forward team in the
NTT INDYCAR Series. Continuing the legacy that started at their
ground-breaking 2021 Indianapolis 500 effort with a team comprised
of more than 65% women, including over-the-wall crew members, the
team continues to inspire diverse interest in STEM through
racing.
“We are pleased to have TurnOnGreen come on board as our primary
sponsor for the NTT INDYCAR Series season finale which enabled us
to add one more race to our 2022 calendar,” said Beth Paretta, CEO
and team principal of Paretta Autosport. “Adding a fourth race this
season not only strengthens Simona’s and our team’s breadth of
knowledge and experience, but it reinforces our goal of continual
growth as we look towards an even more robust 2023 season.”
“TurnOnGreen is an emerging company in the scalable electric
vehicle supply and e-Mobility sector, women are making decisions in
these areas more and more, so it’s a win-win situation for all,”
Paretta continued. “As a Northern California-based company,
partnering with them for the Laguna Seca race was the perfect venue
to showcase our team to them in their own backyard. We look forward
hosting them and their guests and showing them what INDYCAR racing
is all about.”
“We are excited to promote women in sport, green energy
technology, and e-Mobility,” said Amos Kohn, Chief Executive
Officer at TurnOnGreen. “Through our sponsorship, we hope to
provide the INDYCAR Series fan base and other corporate sponsors
with a reliable source of energy efficient, state-of-the-art EV
charging and custom power solutions for their homes and
businesses.”
TurnOnGreen and its subsidiary, Digital Power Corporation,
provide advanced, custom power solutions and green energy solutions
to the world's most demanding industries. TurnOnGreen serves a
diverse range of industries and is committed to building a robust
public and private electric vehicle charging infrastructure
throughout the United States and Canada.
For more information on TurnOnGreen’s product line, please visit
www.TurnOnGreen.com.
For more information on BitNile Holdings and its subsidiaries,
BitNile recommends that stockholders, investors, and any other
interested parties read BitNile’s public filings and press releases
available under the Investor Relations section at www.BitNile.com
or available at www.sec.gov.
About BitNile Holdings, Inc.
BitNile Holdings, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, BitNile owns
and operates a data center at which it mines Bitcoin and provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial, automotive,
oil exploration, telecommunications, karaoke audio equipment, hotel
operations, medical/biopharma, and textiles. In addition, BitNile
extends credit to select entrepreneurial businesses through a
licensed lending subsidiary. BitNile’s headquarters are located at
11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;
www.BitNile.com.
About TurnOnGreen, Inc.
TurnOnGreen Inc. designs and manufactures innovative,
feature-rich, and top-quality power products for mission-critical
applications, lifesaving and sustaining applications spanning
multiple sectors in the harshest environments. The diverse markets
we serve include defense and aerospace, medical and healthcare,
industrial, telecommunications and e-Mobility. TurnOnGreen brings
decades of experience to every project, working with our clients to
develop leading-edge products to meet a wide range of needs.
TurnOnGreen’s headquarters are located at Milpitas, CA;
www.TurnOnGreen.com.
About Paretta Autosport
Paretta Autosport is the only women-forward team in INDYCAR
history. Launched in 2021, the Team qualified and ran its first
race, the 2021 Indianapolis 500. The team operates under the
mission of unifying the current generation and inspiring the next.
With approximately 65% of the team comprised of women across all
roles, Paretta Autosport shines a bright light on diversity and
inclusion for all while developing talent to feed the STEM
workforce pipeline well beyond motorsports.
At Paretta Autosport, the competitive spirit drives us. We work
hard and always strive for better: for ourselves, for our team, and
for others. For more information on our team and our initiatives
visit www.parettaautosport.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.gov and on the Company’s
website at www.BitNile.com.
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