TPII Provides Update on EEL Diesel Hybrid Genset Trials

Rhea-AI Summary

Triad Pro Innovators, Inc. (OTC PINK:TPII) has provided an update on the EEL Diesel Hybrid Genset field tests, now with a major Canadian oil company in Fort McMurray. The unit aims to replace hundreds of traditional diesel generators, promising fuel and maintenance savings of up to 90%. It has successfully operated in extreme cold conditions, demonstrating reliability. The CEO noted that the unit's cost-effectiveness and environmental benefits make it a compelling choice for companies facing climate pressures. The company anticipates a strong order volume as trials continue.

Positive

• Successful validation testing by Frontier Power Products.
• EEL Genset shows up to 90% fuel and maintenance savings.
• Successfully operated in temperatures as low as -30°C.
• Strong market interest due to ESG initiatives.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / March 16, 2022 / Triad Pro Innovators, Inc. (OTC PINK:TPII) is pleased to update its shareholders on the progress of the ongoing EEL Diesel Hybrid Genset field tests.

Unit now with major Canadian oil company

Following successful independent validation testing by Frontier Power Products, the company is pleased to announce that the test unit is now with a major Canadian oil company located in Fort McMurray, Canada. Here the company has deployed the unit in a live test scenario.

The current tests aim to evaluate the viability of replacing a fleet of several hundred traditional diesel generators operated by the oil company. In addition to the EEL Genset's long-term fuel and maintenance cost savings of up to 90%, the oil company currently evaluating the unit is also seeing additional motivation to convert to greener alternatives owing to ESG goals.

EEL Diesel Hybrid Genset lives up to cold-climate expectations

A major factor driving interest in the EEL Diesel Hybrid Genset is its ability to operate in extreme cold temperatures - a fundamental roadblock holding lead-acid and lithium-based technologies from widespread adoption in cold climates. In this respect, TPII is pleased to confirm that the test unit has delivered on expectations.

When TPII representative attended the test start in Fort McMurray, temperatures were at -25°C, and the unit had been stored outdoors for several days. Despite the harsh conditions, the EEL started without a problem, and it continues to operate as anticipated in sustained extreme cold conditions.

The unit has been performing autonomously as designed. The daytime low temperatures on the first three of the five days was -25c to -30c.

To ensure the diesel engine will start during the cold nights; the EEL Power unit has a block and oil pan heater installed and controlled by a thermostat.

The two heaters combined consume approximately 700 watts.

During the three nights when temperatures were -25c or colder, the block and oil pan heaters turned on 5 times for approximately 45 minutes during each cycle.

"We're extremely pleased to have real-world validation of the EEL Diesel Hybrid Genset's capabilities in extremely cold conditions," said TPII CEO Murray Goldenberg. "We knew the unit was more than capable of operating in a lab environment at temperatures as low as -50°C, but operating in an outdoor work environment can always bring unexpected variables with it, and this field test has demonstrated that the EEL can handle them."

Companies have major incentives to consider EEL Diesel Hybrid Genset

As the EEL Diesel Hybrid Genset trials continue to validate the unit's capabilities, the company expects to see a strong order volume developing. In addition to the unit's well-proven cost and maintenance-saving benefits, companies are also being incentivized by ongoing pressure to seek greener, more climate-friendly solutions to energy generation.

Company CEO Murray Goldenberg said, "When you consider everything, our EEL Diesel Hybrid Genset really is a no-brainer. Even if we take climate considerations out of the equation, the fuel and maintenance cost savings delivered by the EEL make for an extremely compelling case. Once you factor for climate considerations as well, there is no alternative solution for remote communities and industrial operators where extreme weather conditions render other solutions entirely infeasible."

About Triad Pro Innovators, Inc. (OTC PINK: TPII):

Triad Pro Innovators, Inc. has developed a proprietary device to be utilized in a variety of circumstances to store electricity. The newly developed Triad Pro power supply provides our storage system with tremendous operational flexibility. Using our propriety hardware and software solution, our eCell can be configured to store energy at a rate limited only by the network providing it, and then release that energy in a regulated way based upon the application, which allows for flexibility unknown in current chemical battery-based storage systems. Triad Pro creates and designs renewable energy solutions including Co-Generation and the patent pending eCells that can be used stand alone or modular as energy demands increase.

FORWARD-LOOKING STATEMENTS

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding TPII's plans, objectives, future opportunities for TPII's services and products, future financial performance and operating results and any other statements regarding TPII's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond TPII's control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with OTC Markets Group in satisfaction of the company's obligations as an alternative reporting company. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Investor Relations Contact:

info@triadpro.com
714.790.3662

SOURCE: Triad Pro Innovators, Inc.

View source version on accesswire.com:
https://www.accesswire.com/693353/TPII-Provides-Update-on-EEL-Diesel-Hybrid-Genset-Trials

FAQ

What is the status of TPII's EEL Diesel Hybrid Genset tests?

The EEL Diesel Hybrid Genset is currently undergoing field tests with a major Canadian oil company in Fort McMurray.

What are the expected savings from TPII's EEL Genset?

The EEL Genset is expected to deliver fuel and maintenance cost savings of up to 90%.

How does the EEL Genset perform in extreme temperatures?

The EEL Genset has been tested and performs well in extreme cold, starting reliably in temperatures as low as -30°C.

What incentives are driving companies to consider TPII's product?

Companies are motivated by the EEL Genset's cost-saving and environmentally friendly benefits.

What is TPII's market expectation from the ongoing trials?

TPII expects a strong order volume as the trials validate the EEL Genset's capabilities.