TurnOnGreen Teams Up with Nationwide Automotive Fleet Management Firms, Boosting Industry Sustainability

MILPITAS, Calif.--(BUSINESS WIRE)-- Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today its successful execution of a nationwide electric vehicle (“EV”) charging station deployment. This rollout is in collaboration with North American Vehicle Services (“NAVS”), a national automotive press fleet management service provider, and California-based Page One Automotive (“Page One”), a premier automotive fleet and event management services firm. The Company is actively installing numerous EVP1100 Level 2 EV chargers at 14 strategic locations across the United States. This project aims to create a well-connected charging infrastructure and provide comprehensive usage reporting, thereby supporting the needs of these automotive service industry leaders.

TurnOnGreen EVP1100 Series, 48 amp/11 KW Level 2 EV networked high-powered charger for public charging at any business, educational, community or government facility that can be activated using the TurnOnGreen App, RFID cars, or a unique QR code displayed on each EV charger. Features: 5” LCD Screen and Modern Ergonomic Design, Supports Dynamic Load Distribution; RFID Card Capable/QR Code Capable; Universally Compatible J1772 Connector (Tesla Adapter Required); NEMA 3R Protection for Indoor and Outdoor Installations; Flexible 16’ cable to minimize clutter and potential cable damage; Certified to function at temperatures between -22 °F to 122 °F; Wall and Pedestal Mountable; Multiple Authentication Methods: Web, RFID, or TurnOnGreen App Photo property of TurnOnGreen Technologies All rights reserved @2023

NAVS, specialist in press fleet logistics and management, collaborate with leading fleet and event management partners, such as Page One, across the United States. They deliver cutting-edge IT solutions for web-based reporting and operating systems to global automotive manufacturers. Page One has established its reputation as a leading provider of fleet management, event services, and logistics solutions for the automotive industry. Upholding their commitment to reliability, safety, and efficiency, they have built a nationally recognized brand in transportation services. Leveraging their three decades of industry experience and operational acumen, Page One maintains a fleet of approximately 500 vehicles and provides event management services in 14 U.S. cities to an array of auto manufacturers and their corporate teams.

“We’re thrilled to collaborate with the teams at NAVS and Page One to expand their EV charging infrastructure and bolster their dedication to cutting-edge data management, sustainability, and e-mobility,” said TurnOnGreen President Marcus Charuvastra. “Our growth strategy is heavily focused on delivering tailored fleet management charging solutions to fleets of all sizes across North America.”

TurnOnGreen offers scalable EV charging solutions to homes, businesses, and fleets across North America. The Company’s electric vehicle charging hardware, management software, and network services allow municipalities, businesses, and homeowners to monetize, track and report EV charger usage. TurnOnGreen charging systems maintain high standards in the market, are Energy Star Certified, and are backed by an internationally recognized certificate of safety and performance.

“TurnOnGreen holds a distinct place in promoting the widespread adoption of electric vehicles across multiple industries,” said Amos Kohn, Chief Executive Officer at TurnOnGreen. “Our commitment to sustainability, innovation, and customer service fosters a favorable business environment that is poised to continue generating mutually beneficial strategic partnership opportunities.”

According to Allied Market Research, the global electric commercial vehicle market is projected to reach $558 billion by 2031, growing at a compounded annual growth rate of 29.9% from 2022 to 2031. Concurrently, data published by Bobit Fleet Group Research estimate that there are over 19,000 fleets currently operating in the United States, with over 3.2 million vehicles in operation.

For more information on TurnOnGreen’s product line, please visit www.TurnOnGreen.com.

About TurnOnGreen Inc.

TurnOnGreen (“Company”) designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications, and e-Mobility. The Company is committed to building public and private electric vehicle charging infrastructure throughout the United States, Canada and abroad. The Company brings decades of experience to every project, working with its clients to develop leading-edge products to meet a wide range of needs. The Company’s headquarters are located in Milpitas, CA; www.TurnOnGreen.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.TurnOnGreen.com.

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TurnOnGreen Investor Contact:

IR@TurnOnGreen.com or (877) 634-0982

Source: TurnOnGreen Inc.