- Exro has switched to an all-virtual presentation for the
upcoming 2022 Consumer Electronics Show due to the rapidly
spreading COVID-19 omicron variant.
- CES registrants can visit Exro's digital booth between
January 5-7, 2022, to tour its
next-generation electric vehicle demonstrators and learn about its
Coil Driver and Battery Control System technologies.
- Exro CEO Sue Ozdemir will
provide a live virtual booth tour for CES registrants on
Thursday, January 6, 2022, at
10 AM PST.
CALGARY, AB, Jan. 3, 2022 /CNW/ - Exro Technologies Inc. (TSX:
EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading
clean technology company that has developed a new class of power
electronics for electric motors and batteries, announced today that
it will switch to an all-virtual presentation for the upcoming 2022
Consumer Electronics Show due to the rapidly spreading COVID-19
omicron variant. All CES registrants are invited to experience
Exro's virtual booth, learn more about its Coil Driver and Battery
Control System technologies, and tour three next-generation
electric vehicle demonstrators that have been retrofitted with its
technology to improve performance and versatility here:
https://www.exro.com/investors/events/ces.
Exro's digital presence will feature exciting content
including:
- Booth virtual tour: Registrants can experience a direct
simulation of the Exro CES booth on-demand via video and images.
Here, guests can tour Exro-owned vehicle demonstrators, including
an electric Polaris Ranger Utility Terrain Vehicle (UTV) and Zero
Motorcycle featuring Exro's 100 Volt Coil Drive System, and an
electric Humvee showcasing Exro's 800 Volt Coil Drive System. Booth
visitors can virtually discover Exro's Coil Driver and Battery
Control System technologies and learn about how these innovations
are driving EV performance, introducing AC fast-charging
capabilities, and enabling Vehicle-to-everything (V2X)
capabilities, along with other consumer-benefits.
- Live virtual booth tour with Exro CEO: On Thursday, January 6, 2022, at 10 AM PST, Exro CEO Sue
Ozdemir will provide CES registrants with a digital live
tour of the booth. Ozdemir will take visitors through each section
of the booth, sharing more information about Exro technology,
applications, and partners, as well as speaking to what the
community can expect from Exro in the summer of 2022.
- Meetings with the Exro team: CES registrants are also invited
to book personal meetings with Exro experts for individual booth
tours.
- Exclusive giveaways: Lastly, registrants can participate in
Exro's CES exclusive virtual giveaways for a chance to win an
adventure and solitude experience. One winner and their guest will
receive travel and accommodations in Arizona in June
2022 for an unforgettable electric experience, including a
ride in Exro's retrofitted fully electric Humvee.
"The health and safety of Exro employees is our top priority.
Though we were pushing towards an in-person event, ultimately both
the decision made by CES to reduce exhibiting days and the highly
transmissible and rapidly spreading COVID variant impacted our
plans," said Sue Ozdemir, CEO of
Exro. "That is why we've made the decision to take an all-digital
approach at CES 2022. We're confident that our digital booth
experience will offer tremendous value to CES registrants, and the
Exro team looks forward to virtually showcasing breakthrough
vehicle technologies to engaging with key stakeholders and
markets."
CES registrants can access Exro's virtual booth and engage with
the team from January 5-7, 2022. Due
to Exro's late decision to shift to a digital presence, Exro's
physical booth will remain on-site at CES, staffed by its booth
service provider who will be directing CES attendees to Exro's
virtual booth.
About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent
control solutions in power electronics to help solve the most
challenging problems in electrification. Exro has developed a new
class of control technology that expands the capabilities of
electric motors, generators, and batteries. Exro enables the
application to achieve more with less energy consumed.
Exro's advanced motor control technology, the Coil
Driver™, expands the capabilities of
electric powertrains by enabling intelligent optimization for
efficient energy consumption. Exro is working with many partners
from all over the world to bring their technology to the electric
mobility industries and beyond.
For more information visit our website at www.exro.com.
Visit us on social media @exrotech.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING
STATEMENTS
This news release contains forward-looking
statements and forward-looking information (together,
"forward-looking statements") within the meaning of applicable
securities laws. All statements, other than statements of
historical facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects", "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "will be taken", "occur" or "be achieved".
Forward looking statements involve risks, uncertainties and other
factors disclosed under the heading "Risk Factors" and elsewhere in
the Company's filings with Canadian securities regulators, that
could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking statements. Although the Company believes
that the assumptions and factors used in preparing these
forward-looking statements are reasonable based upon the
information currently available to management as of the date
hereof, actual results and developments may differ materially from
those contemplated by these statements. Readers are therefore
cautioned not to place undue reliance on these statements, which
only apply as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed times
frames or at all. Except where required by applicable law, the
Company disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise.
This information is qualified in its entirety by cautionary
statements and risk factor disclosure contained in filings made by
the Company with the Canadian securities regulators, including the
Company's annual information form for the financial year ended
December 31, 2020, and financial
statements and related MD&A for the financial year ended
December 31, 2020, filed with the
securities regulatory authorities in certain provinces of
Canada and available at
www.sedar.com. Should one or more of these risks or uncertainties
materialize, or should assumptions underlying the forward-looking
information prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated,
believed, estimated or expected. Although the Company has attempted
to identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended. The
Company does not intend, and does not assume any obligation, to
update this forward-looking information except as otherwise
required by applicable law.
Neither the Toronto Stock Exchange nor the Investment Industry
Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this press
release.
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SOURCE Exro Technologies Inc.