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Hybrid Power Announces Marketing Agreement Renewal

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Hybrid Power Solutions, listed on the CSE as HPSS and OTCQB as HPSIF, has renewed its marketing agreement with MIC Market Information & Content Publishing GmbH. The agreement, starting July 18 and ending September 18, 2024, or until the budget is exhausted, aims to enhance investor awareness through online marketing campaigns. MIC will be compensated EUR 325,000 and will utilize email, Facebook, and Google for the marketing activities. MIC has no other relationship with Hybrid Power Solutions outside of previous marketing engagements and will not receive company shares as part of the compensation.

Positive
  • Renewal of marketing agreement expected to enhance investor awareness.
  • EUR 325,000 budget allocated for marketing activities.
Negative
  • The marketing agreement is short-term, lasting only until September 18, 2024, or until budget exhaustion.

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Hybrid Power Solutions Inc. (CSE: HPSS) (OTCQB: HPSIF) (FSE: E092) ("Hybrid" or the "Company"), announces a renewal agreement with MIC Market Information & Content Publishing GmbH ("MIC") (Address: Gerhart-Hauptmann-St. 49b 51379 Leverkusen; email: contact@micpublishing.de; phone: +49 2171-7766628) for marketing services which will begin July 18th and continue to September 18th, 2024 or until budget exhaustion. MIC will utilize their online programs with the aim of increasing investor awareness and interest in the company through various online platforms and methods of engagement in consideration of EUR 325,000. The marketing activity will occur by email, Facebook, and Google. MIC does not have any prior relationship with the Company other than previous marketing engagements and will not receive any shares of the Company as compensation.

For further information, inquiries, or media opportunities, please contact:

On behalf of the company

Francois Byrne
CEO and Director

invest@hybridps.ca
1 (866) 549-2743
www.investhps.com

About Hybrid Power Solutions Inc.

Hybrid Power Solutions Inc. is a Canadian clean energy company listed on the Canadian Securities Exchange under the symbol "HPSS". Hybrid specializes in the development of sustainable energy solutions, offering products that redefine how industries approach access to power and energy storage. With a focus on innovation and environmental responsibility, HPS continues to lead the way in providing scalable, cost effective power solutions.

Forward-Looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be", "intends", "expected" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by management of the Company, they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216288

FAQ

What is the duration of the marketing agreement between Hybrid Power Solutions and MIC?

The marketing agreement lasts from July 18 to September 18, 2024, or until the budget of EUR 325,000 is exhausted.

How much is Hybrid Power Solutions spending on their renewed marketing agreement with MIC?

Hybrid Power Solutions is spending EUR 325,000 on the marketing agreement.

What platforms will MIC use for marketing Hybrid Power Solutions?

MIC will use email, Facebook, and Google for marketing activities.

Does MIC have any prior relationship with Hybrid Power Solutions?

MIC has no relationship with Hybrid Power Solutions other than previous marketing engagements.

Will MIC receive company shares as compensation for the marketing services?

No, MIC will not receive any shares of Hybrid Power Solutions as compensation.

HYBRID PWR SOLUTIONS INC

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