TPII Provides Update on Spree Solar-Powered EV Rapid-Charge Battery Technology - Certification in Progress

Rhea-AI Summary

Triad Pro Innovators, Inc. (OTC PINK: TPII) announced the initiation of the certification process for its innovative solid-state energy storage system, Triad Pro eCell. Collaborating with CertifiGroup, TPII aims for UL and CSA certification to enhance production and develop additional commercial applications. The eCell technology boasts advantages over lithium-ion batteries, including ultra-rapid charging, non-explosive properties, stability in extreme temperatures, and a lifespan exceeding 30,000 charge cycles. Successful certification could lead to new licensing opportunities within a year.

Positive

• Commencing certification for the eCell technology signals potential market readiness.
• eCell technology offers advantages over lithium-ion batteries, including non-explosive properties and 30,000+ discharge-recharge cycles.
• 10-year warranty offered on eCell in Spree vehicles indicates confidence in longevity and performance.
• Anticipation of multiple licensing opportunities within one year post-certification.

Negative

• None.

LAS VEGAS, Nov. 23, 2021 /PRNewswire/ -- Triad Pro Innovators, Inc. (OTC PINK: TPII) is pleased to announce it has commenced the certification process for its breakthrough solid-state energy storage system: the Triad Pro eCell.

Engaging the expertise of the renowned CertifiGroup, the company is initially seeking UL and CSA certification. Achieving this milestone will allow the company to go ahead with the production and development of additional commercial applications for its breakthrough technology.

Triad Pro eCell offers major advantages over lithium-ion battery technology

In addition to its ultra-rapid charge cycles, the company's eCell technology provides several additional advantages not available using existing lithium-ion or lead-acid batteries:

• Non-explosive and non-volatile
• Stable in extreme temperatures
• 100% recyclable
• 30,000+ discharge-recharge cycles

The eCell achieves these properties via the use of supercapacitors, which contain no volatile chemicals. Its energy-density and rapid-charging capabilities are a result of modern advancements in supercapacitor manufacturing coupled with the company's proprietary control circuits and software.

Spree solar-powered EV provides limited preview of eCell's rapid charging abilities

Speaking to the eCell's ultra-fast charging capabilities, company CEO Murray Goldenberg said, "The easy answer is that the time taken to recharge is dependent on the source of input.  The eCell will accept a charge at any rate from any source, depending on the source."

Providing an example, the company's Spree solar-powered golf carts are currently capable of a complete recharge in under 1-hour when connected to a standard 110V wall outlet. Here, the limiting factor is the maximum amperage available from a conventional wall socket.

By way of comparison, most golf carts take anywhere from 5 to 8 hours to fully recharge. Here, the limiting factor is the underlying battery technology: usually lead-acid or lithium-ion. This is primarily due to the upper limits imposed by the use of volatile substances, which overheat if charged too rapidly, thus posing fire and explosion hazards.

The eCell's solid-state technology also offers other significant advantages over standard battery technologies. In its solar-powered Spree EV, the eCell will outlast the vehicle's life with over 30,000 charge-discharge cycles available. Backing this up, the company offers a 10-year warranty on the eCell installed in its Spree vehicles.

Licensing and product development opportunities

Successful certification of the Triad Pro eCell will enable Triad Pro Innovators to move ahead with the development of additional licensing opportunities and commercial applications for its technology.

TPII expects to develop multiple licensing opportunities within one-year post-certification. Possible licensing targets for its eCell technology include other electric vehicle manufacturers, as well as commercial equipment suppliers to the oil and mining industry.

Ahead of this, TPII has filed U.S. Patent Application No. 17/221,628, entitled "Method and System for Storing Energy and Providing a Regulated Output." The company is also investigating additional patent and copyright protection opportunities for the underlying software and circuit designs.

The company's own product developments include the previously announced eTower portable lighting trailer, and the EEL Diesel Hybrid Genset. These products have already generated significant interest, particularly among mining and oil operators with remote cold-climate operations. The eCell's ability to continue performing in extreme cold temperatures (tested to -49°C) is of particular interest here.

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

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SOURCE Triad Pro Innovators, Inc.

FAQ

What is Triad Pro Innovators, Inc.'s recent announcement regarding TPII?

Triad Pro Innovators, Inc. announced the start of the certification process for its Triad Pro eCell energy storage system, aiming for UL and CSA certification.

What are the advantages of the Triad Pro eCell over lithium-ion batteries?

The Triad Pro eCell offers ultra-rapid charging, non-explosive properties, stability in extreme temperatures, and over 30,000 charge-discharge cycles.

When does TPII expect to complete its certification for the eCell?

TPII aims to complete certification and explore licensing opportunities within one year after the certification process begins.

How does the eCell technology benefit electric vehicles?

eCell technology provides rapid charging capabilities, significantly outperforming traditional batteries, allowing electric vehicles like the Spree to recharge in under an hour.

What products are being developed alongside the Triad Pro eCell?

TPII is also working on the eTower portable lighting trailer and the EEL Diesel Hybrid Genset, generating interest from industries such as oil and mining.