EV Battery Tech, IONiX Pro and Daymak Sign Sales, Distribution and Service Partnership

Rhea-AI Summary

Daymak Inc. strengthens its partnership with EV Battery Tech and IONiX Pro through a collaboration agreement to share sales and service infrastructure for the SmartWall home energy storage solution.

Daymak's dealer network will distribute the SmartWall, which is already sold out, with plans to showcase it at various locations. A livestream event is scheduled for December 20, 2021, due to COVID-19 restrictions.

This partnership aims to leverage Daymak's extensive distribution capabilities to enhance market reach for the SmartWall, a product featuring advanced energy storage technology.

Positive

• Partnership enhances sales and distribution capabilities for the SmartWall product.
• Daymak's dealer network will effectively reach a wide range of consumers.
• SmartWall features advanced technology, enhancing its competitive edge in the market.

Negative

• None.

Daymak Further Strengthens its Partnership with EV Battery Tech and IONiX Pro with a Partnership Agreement to Share Sales and Service Infrastructure

Vancouver, B.C., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) (OTCQB: CRYBF) and IONiX Pro Battery Technologies Corp. (“IONiX Pro”) are pleased to announce that they have entered into a partnership agreement with Daymak Inc. (“Daymak”), pursuant to which Daymak will share its sales, distribution and service facilities with EV Battery Tech and IONiX Pro for sales, distribution and service of the home SmartWall product (the “SmartWall”).

The SmartWall, which has now sold out, will be distributed by Daymak across its dealer network will be one of the main products showcased at the Daymak event which was previously scheduled to be held at York University's Aviva Center. However, in response to the rapidly spreading Omicron variant and related changes to COVID-19 regulations, the event will now be livestreamed on Monday, December 20, 2021. To register for the event please sign up at https://daymakavvenire.com/spiritus-event/.

“The SmartWall stores energy, providing access to reserved power in outages or in case of an emergency. IONiX Pro’s cutting-edge technology will give customers the autonomy to power their homes on their own terms. Thanks to artificial intelligence powering ACDC’s patented BMS, the SmartWall will provide features no other home battery storage product can offer and will be able to be stacked to suit a household of any size, ” stated Aldo Baiocchi, President of Daymak.

Daymak has commenced plans to start showcasing the SmartWall at various locations in their dealer network from Toronto to Los Angeles to Rome. Daymak has a 60,000 square foot distribution facility and an excellent sales team. The Daymak team will work closely with EV Battery Tech and IONiX Pro and intends to immediately set up an office in Toronto completely devoted to the sale and distribution of IONiX Pro SmartWalls.

On behalf of the Company,

Bryson Goodwin,
Chief Executive Officer

About EV Battery Tech 

Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.

About Daymak Inc.

Daymak, Inc, founded in 2002 with headquarters in Toronto, is a pioneer in personal light electric vehicles (LEVs). Daymak has a world-class global distribution network including 150 dealers and big-box retailers like Walmart, Costco, and Best Buy. Daymak is the number one distributor and developer of LEVs in Canada with more than 100,000 vehicles sold, and is known for cutting-edge designs like the world's first fully wireless e-bike and Canada’s first solar-powered, off-road e-bike.

The Company’s Daymak Avvenire Series is a comprehensive line-up of ground-breaking personal mobility vehicles including everything from electric cars to electric flying vehicles, set for production starting in 2022. Daymak Ondata, Daymak’s patent-pending wireless charging technology, is a more compact, cost-effective and scalable solution than any other wireless charging technology available on the market today.

Contact Numbers and Emails

For further information about the Company, please visit https://www.evbattery.tech.
For further information about the Company’s Products please visit https://www.ionixpro.com.
For Investor Inquiries, please contact (236) 259-0279 or email info@evbattery.tech.
For Product or Sales Inquiries, please contact (236) 266-5174 or email sales@ionixpro.com.

All communications are managed by AlphaOne Media Group Inc. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

Forward-Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties, including the specific factors disclosed here and elsewhere in EV Battery Tech’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “hope”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “believe”, “should”, “projected”, “proposed”, “rendering” and similar expressions, are forward-looking statements. The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements respecting (i) the partnership agreement between the Company and SmartWall; (ii) showcasing of the SmartWall at Daymak’s upcoming event; (iii) expected features of the SmartWall; (iv) Daymak’s plan to set up a showroom in Toronto to display the SmartWall; (v) Daymak’s plans to start showcasing the SmartWall and to open up an office devoted to the sale and distribution of SmartWalls. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information.

FAQ

What is the significance of the partnership between EV Battery Tech and Daymak?

The partnership strengthens sales and service infrastructure for the SmartWall home energy storage solution, leveraging Daymak's distribution network.

When will the Daymak event to showcase the SmartWall take place?

The event is scheduled for December 20, 2021, and will be livestreamed due to COVID-19 restrictions.

What features does the SmartWall offer?

The SmartWall offers advanced energy storage technology, allowing users to store energy for outages and emergencies.

What is the current status of the SmartWall product?

The SmartWall is sold out and is set to be showcased through Daymak's extensive dealer network.

What company is responsible for the SmartWall technology?

The SmartWall is developed by EV Battery Tech, utilizing cutting-edge technology for home energy storage.