Global Warming Solutions, Inc. Shareholder Update on 2-in-1 Sodium Battery and Hydrogen Generator System Development

Rhea-AI Summary

Global Warming Solutions, Inc. (OTC: GWSO) announces the arrival of the final component needed for its hybrid energy storage and hydrogen generator system, utilizing sodium liquid metal. Testing will commence this week with partners AQST and Creative Engineers, focusing on energy intensity, current output, and safety. GWSO aims to produce a low-cost, efficient, Made-in-America alternative to lithium-ion batteries, which face supply issues and rising prices. The technology promises minimal environmental impact and versatile applications, including electric vehicles and power infrastructure.

Positive

• Completion of components for hybrid energy storage and hydrogen generator system.
• Testing scheduled with partners to validate performance metrics.
• Development of a low-cost, efficient alternative to lithium-ion batteries.
• Potential for significant market share as lithium prices rise and supply falls.

Negative

• None.

Temecula, CA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Global Warming Solutions, Inc. (OTC: GWSO), a worldwide developer of green technologies that help mitigate global warming and its effects on the planet, is pleased to announce the arrival of the final component required to
complete the industrial design of its innovative hybrid energy storage (battery) and hydrogen generator 2-in-1 system using the abundant and environmentally friendly sodium liquid metal. This week the company will start a comprehensive battery and hydrogen generator testing set-up on the specially designed stand, which simulates actual operational exploitation conditions, together with its partners AQST and Creative Engineers, Inc. at their Pennsylvania facility. During these tests, at the full modes, the specific energy intensity of the system, maximum current output, maximum hydrogen production rate, and the voltage under load will be tested. Particular attention will be paid to safety issues in the battery and hydrogen generator system operation. Upon successful testing, GWSO's Patented Process will allow the development of a 100% Made-in-America safe, low-cost, and more efficient commercial sodium batteries and hydrogen generator system, which will then be manufactured and mass-produced without the challenges of materials and components manufactured outside of the United States.

GWSO's hybrid 2-in-1 system (sodium battery and hydrogen generator) is a promising alternative to initially substitute, and eventually replace the high contaminant and limited lithium-ion batteries. Since lithium prices have tripled in a year and face a long-term supply shortage. The increase is largely due to increasing demand for electric vehicles and the inelastic nature of supplies outside of the U.S. This situation creates a perfect opportunity for GWSO to take the market share away from lithium.

There are significant key benefits to our 2-in-1 hybrid sodium batteries-hydrogen generator system that makes our technology so disruptive and innovative:
1. Low Cost of Acquisition- Our system is cheaper and more effective at storing energy than other types of batteries.
2. Minimal Ecological and Environmental Impact- Sodium is more abundant and easily obtained from natural sources.
3. Low Cost of Operation and Maintenance- Our battery has a low maintenance requirement.
4. Optimal Performance- High temperatures and many recharging cycles do not affect the system's energy storage and operational life capacity. This technical capability makes our technology more advanced and more efficient than any existing battery system currently in production. In addition, our sodium battery and hydrogen generator 2-in-1 system can be stored for long periods without any degradation or storage capacity performance reduction. In other words, a battery without shelf-life!
In addition, GWSO's hybrid 2-in-1 (sodium-hydrogen) systems will open new opportunities and uses for a large number and variety of applications, including but not limited to:
1. Cars- Electric vehicles (EVs) and other mobile vehicles, including hybrid vehicles.
2. Aviation- eVTOL, electric aircraft, and drones for commercial and defense applications.
3. Marine- Electric ships, marine drones, and submersibles for commercial and defense applications.
4. Telecommunications Infrastructure- off-the-grid remote antennas, and relay station operations.
5. Power Infrastructure- Our technology performs at a utility-scale using the fully integrated GWSO Zero Emissions Power Energy Source System. Also, it can be configured as a grid supplemental rapid action power system to support other renewable energy intermittence problems, peeks of energy, and substation UPS to support critical loads during outages.
6. Defense and National Security- Multiple logistics, infrastructure, and operational applications, including air mobility, land transportation, communications, and defense systems.
7. Residential / Commericial- Highly reliable zero emissions power source systems for houses and commercial buildings without the need to be connected to the grid or any other renewable technology using our integrated system design for those purposes.
“Prior testing of our laboratory models on our electrochemical system revealed the specific energy intensity of the system, which is several times higher than that of lithium-ion batteries. Recently, we managed to improve the compactness of the arrangement of our battery’s parts compared to the former laboratory version. Therefore, we expect the performance of the current industrial design to improve substantially. Now, our goal is to validate our laboratory results on the industrial-designed version of our battery.” Stated: Artem Madatov, Chief Science Officer -GWSO

“At AQST USA, all our team involved in the project are excited to start validating and qualifying this new disruptive and one-of-a-kind technology in the coming days. We are not only confident about the expected results and safety of this new 2-in-1 power system to store energy and produce hydrogen simultaneously, but are also exhilarated and honored to be part of the team! We’re looking at a new era of high-reliable, ZERO emissions, multi-energy source systems integrated into one system/platform. We are creating and developing a 100% Made-In-America system for almost any application that requires a Zero-emission power source and fuel on Earth and beyond. This technology development is as transformative, disruptive, and revolutionary as it was with the development and launch of “smartphone technology,” with capabilities to integrate many applications using only one device. If we did it in communications, why not for power production? In October, a new era of reliable, clean, efficient energy and fuel production will arrive. And we will be there to make history.” Stated: Raymond Caldas- Chief Executive Officer and Founder of AQST USA Corp.

While Global Warming Solutions awaits its final testing results, the company is working on all the necessary documents to qualify for any available government grants. “We sincerely appreciate the patience our shareholders exhibited towards Global Warming Solutions, Inc., and its plan to develop revolutionary products. An exciting new chapter is beginning for the company and its shareholders. We could not be more thrilled to enter this massive market without limitations. With the “Inflation Reduction Act” creating immense competition for American battery makers to source materials outside of China, GWSO is now in a dominant position.” Stated: Michael Pollastro- Chief Executive Officer GWSO

Michael Pollastro

CEO

Global Warming Solutions Inc.

mpollastro@gwsogroup.com

To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.com

Forward-Looking Statements

This press release may include predictions, estimates, or other information that might be

considered forward-looking within the meaning of applicable securities laws. While these

forward-looking statements represent the Company’s current judgments, they are subject to

risks and uncertainties that could cause actual results to differ materially. You are cautioned not

to place undue reliance on these forward-looking statements, which reflect the opinions of the

Company’s management only as of the date of this release. Please keep in mind that the

Company is not obligating itself to revise or publicly release the results of any revision to these

forward-looking statements in light of new information or future events. When used herein,

words such as potential, expect, look forward, believe, dedicated, building or variations of such

words and similar expressions are intended to identify forward-looking statements. Factors that

could cause actual results to differ materially from those contemplated in any forward-looking

statements made by the Company herein are often discussed in filings the Company makes

with the United States Securities and Exchange Commission (SEC) available at www.sec.gov

and on the Company’s website at http://www.gwsogroup.com.

FAQ

What is GWSO's recent press release about?

GWSO's press release discusses the arrival of a final component for its hybrid energy storage and hydrogen generator system and the start of testing.

When will GWSO start testing their hybrid system?

GWSO will begin testing their hybrid energy storage and hydrogen generator system this week.

What technology is GWSO using for their energy storage system?

GWSO's system uses sodium liquid metal, aiming to provide a more environmentally friendly alternative to lithium-ion batteries.

How does GWSO's hybrid system compare to lithium-ion batteries?

GWSO's hybrid system is designed to be lower in cost, more efficient, and less environmentally harmful than lithium-ion batteries.

What are the potential applications of GWSO's technology?

Applications include electric vehicles, aviation, telecommunications, and residential energy systems.