Hoplite Power Taps Intelligent Product Solutions’ Manufacturing Expertise for its Next-Generation Smartphone Power-Charging...
January 09 2020 - 9:00AM
Intelligent Product Solutions (IPS), a subsidiary of Forward
Industries (NASDAQ: FORD) and an award-winning product design firm,
today announced its alliance with Hoplite Power, a Client of the
Clean Energy Business Incubator Program (CEBIP) at Stony Brook
University, to advise it on manufacturing its new on-demand
rentable smartphone power-charging stations. The Hoplite Hubs
are designed to automatically recharge Hoplites, universal
smartphone battery packs that can be rented from and returned to
any Hoplite Hub in the network.
“For our next-generation product, IPS is a valuable
advisor to help us establish our manufacturing for these larger,
more powerful units,” said Jordan Mayerson, CEO and Co-Founder of
Hoplite Power. “IPS has strong experience in the domestic hardware
market, and building on our past relationship, we are confident
that they can help us navigate the hardware manufacturing market
and find the best resources.”
For its first-generation power charging product
launched in early 2017, Hoplite Power worked with IPS for its
expertise in product design, including providing UX/UI and general
system overview services. The first-generation Hoplite Hubs
were designed for smaller businesses and rolled out in bars and
restaurants in the New York City metropolitan area.
Mayerson added, “We’ve learned through our pilot
program that people love the convenience of our rentable on-demand
battery packs so they never have to worry about charging their
phones. Now we plan to roll out our next-generation product in
sports arenas, shopping malls and other venues where they provide
the same Hoplite convenience in bigger spaces and for more
people.”
In 2020, Hoplite Power is expecting to roll out its
larger next-generation power charging stations at a major league
baseball stadium in the New York metropolitan area.
“It is very rewarding to continue working with
Hoplite Power as they move into this next phase of their business,
bringing our manufacturing expertise to their next-generation
product,” said Mitch Maiman, President and Co-Founder of
Intelligent Product Solutions.
CEO and Chairman of Forward Industries, Terry Wise,
commented, “We’re very pleased to be collaborating with Hoplite,
showcasing the breadth of capabilities and expertise of IPS.”
About Hoplite Power
Hoplite Power, located in Long Island City, NY,
makes it easy to charge a smartphone on the go. It developed
a smartphone “charge-sharing” network of Hoplite Hubs located in a
variety of venues, businesses, and establishments. These
proprietary Hoplite Hubs store, dispense, re-accept, and
automatically recharge Hoplites, which are
ergonomically-designed, universal battery packs that can be rented
from and returned to any Hub in the network.
About IPS
IPS, a subsidiary of Forward Industries (NASDAQ:
FORD), is an award-winning global product design and development
company that is headquartered in New York. IPS
offers expert product design and engineering services,
including Internet of Things (IoT) and wearable
technology solutions. Its clients are among the leading brands
in consumer electronics, medical devices, enterprise and security
solution providers, and IoT-connected solutions, including
AdhereTech, Google, Physio Control, Zebra Technologies, and
charity: water. To learn more about IPS,
visit http://www.intelligentproduct.solutions or
contact info@ips-yes.com or @IPSdesigners.
About Forward Industries
Forward Industries, Inc. , a NASDAQ listed company,
(“FORD”), through its wholly-owned subsidiaries, Intelligent
Product Solutions (“IPS”), Forward US, Forward Switzerland and
Forward UK, is a single source solution provider for the full
spectrum of hardware and software product design and engineering
services as well as a designer and distributer of carry and
protective solutions. The Company offers a full suite of product
development services required to conceptualize, create, and
maintain products throughout the entire product life-cycle, from
product concept and design to production support and field support.
Forward provides clients, both large and small, a “one-stop-shop”
for product design, development, manufacturing, and
distribution. Forward’s products can
be viewed online at http://www.forwardindustries.com/
About the Clean Energy Business Incubator Program
at Stony Brook University
Funded by the New York State Energy Research and
Development Agency (NYSERDA), the Clean Energy Business Incubator
Program (CEBIP) at Stony Brook University has been in operation
since October 2011 providing assistance and resources for
developers of renewable and clean-energy technologies. Through the
expertise, business acumen and technological resources of CEBIP’s
management team, advisory board, researchers at Stony Brook
University and other extensive partnerships, CEBIP helps bridge the
gap between innovation and market with a full commitment to helping
entrepreneurs develop and commercialize clean-energy technology.
CEBIP provides resources for clean-energy innovators that include
mentorship at various stages of entrepreneurial development,
guidance for business and strategic plans, and assistance in
preparing for and locating funding opportunities. CEBIP’s goal is
to develop a successful clean-energy economy on Long Island,
creating high-paying “cleantech” jobs and industry within Long
Island and New York State.
For more media information, contact:
Lisa Hendrickson/LCH Communications for IPS
516-767-8390
lisa@lchcommunications.com
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