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Triad Pro Innovator's New Las Vegas Production Facility Being Outfitted to Introduce an Improved 2022 Model Spree

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Triad Pro Innovators, Inc. (OTC PINK:TPII) announced the sale of its remaining 2021 SPREE golf cart inventory and plans to launch an enhanced 2022 model. The new SPREE will feature a sleeker design and improved battery storage capabilities. The company aims to fulfill orders and leverage partnerships with local distributors in residential and golf course markets to drive revenue growth. The golf cart market is projected to reach $2.3 billion, with North America accounting for 41%. The company emphasizes ongoing development of its unique Triad Pro eCell technology for energy storage.

Positive
  • Sold remaining 2021 Model SPREE inventory, paving the way for 2022 model launch.
  • 2022 SPREE model will feature an all-new design and enhanced battery storage.
  • Triad Pro plans to enter partnerships with local distributors to boost sales.
  • The golf cart market is projected to reach $2.3 billion, providing growth opportunities.
Negative
  • None.

LAS VEGAS, NV / ACCESSWIRE / September 22, 2021 / Triad Pro Innovators, Inc. (OTC PINK:TPII), a leading developer of proprietary devices for the storage of electricity utilizing the patent pending Triad Pro eCell, is pleased to announce it has sold its remaining 2021 Model SPREE golf cart inventory and is preparing to introduce an improved 2022 model. With the sale of final 2021 SPREE inventory, Triad Pro has set its eyes on an improved 2022 SPREE which will feature an all-new sleeker design and enhanced battery storage capability. SPREE will be assembled at the newly outfitted state of the Las Vegas facility.

"The original SPREE was a big hit with its superior solar design and acceleration," Murray Goldenberg, CEO of Triad Pro Innovators. "Based on feedback from the market regarding increased demand, we look to take what we learned and apply it to an updated design for 2022; focusing on the large residential and golf course markets. Because of this, we will be partnering with local distributors to feature the new 2022 SPREE in showrooms and other sales channels."

Through 2020 and 2021, Triad Pro Innovators successfully built, rigorously tested, and sold the first production models of the SPREE; worlds most advanced solar electric golf cart, powered by the patent pending Triad Pro eCell. The SPREE comes fully IoT enabled, sending operational and maintenance data for monitoring. Pairing this with the customized drive train, this unique power train is expected to deliver best in class performance and scale to larger electric vehicles as it is further developed on the SPREE platform.

The golf cart market is expected to reach U.S. $2.3 Billion, of which 41% is projected to be the North American market. Triad Pro Innovators has begun fulfilling orders and intends to make the SPREE a significant part of its 2022 revenue growth.

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 solutions, 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 Rapid-K Power Cells 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/665144/Triad-Pro-Innovators-New-Las-Vegas-Production-Facility-Being-Outfitted-to-Introduce-an-Improved-2022-Model-Spree

FAQ

What did Triad Pro Innovators announce on September 22, 2021?

Triad Pro Innovators announced the sale of its remaining 2021 SPREE golf cart inventory and plans to introduce an improved 2022 model.

What features will the new 2022 SPREE model include?

The new 2022 SPREE model will have a sleeker design and enhanced battery storage capabilities.

How is Triad Pro Innovators planning to boost sales for the 2022 SPREE?

The company plans to partner with local distributors to feature the new 2022 SPREE in showrooms and sales channels.

What is the projected size of the golf cart market?

The golf cart market is expected to reach $2.3 billion, with North America projected to account for 41%.

What technology is the SPREE golf cart powered by?

The SPREE golf cart is powered by the patent-pending Triad Pro eCell technology.

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