Worksport Appoints Hudson Institute Adjunct Fellow, Mr. Thomas DiNanno, to Advisory Board

Rhea-AI Summary

Worksport Ltd. (Nasdaq: WKSP) has appointed Mr. Thomas DiNanno to its Advisory Board. DiNanno, a Hudson Institute Adjunct Fellow, brings extensive experience from key U.S. Government roles focusing on national security and infrastructure. His insights aim to enhance the company’s government sector initiatives. CEO Steven Rossi expressed enthusiasm for collaborating with DiNanno to integrate Worksport and Terravis Energy products into U.S. Government markets, highlighting efforts in clean energy solutions.

Positive

• Appointment of Thomas DiNanno as a strategic advisor brings government sector expertise.
• Potential integration of Worksport products into U.S. Government markets may enhance growth opportunities.

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• None.

Mississauga, Ontario, March 17, 2022 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (the “Company”) has appointed Mr. Thomas DiNanno, a Hudson Institute Adjunct Fellow, to its Advisory Board. During Mr. DiNanno’s career, he has held several key U.S. Government positions with focuses in areas of national security and infrastructure. His experience and expertise are intended to influence the Company’s ongoing efforts in the government sector.

“Worksport and Terravis Energy are a unique combination of innovation, and I am excited to help bring these innovative technologies to help improve America's infrastructure,” states Mr. DiNanno.

Mr. DiNanno is a contributing advisor to Hudson Institute, a 501(c)(3) organization that guides public policy makers and global leaders in government and business through publications, conferences, policy briefings, and recommendations. Prior to joining Hudson Institute, he served as a professional staff member on the House Permanent Select Committee on Intelligence as well as acting Assistant Secretary of State of the Arms Control, Verification and Compliance Bureau from 2018-2021.

Mr. DiNanno has served in several key government capacities, including Assistant Administrator for the Department of Homeland Security’s Federal Emergency Management Agency (FEMA), where he oversaw National Preparedness initiatives and grants focused on counterterrorism.

Worksport Chief Executive Officer, Steven Rossi comments, “We are excited to work with Mr. DiNanno as we explore integrations of all Worksport and Terravis Energy products into U.S. Government markets as well as existing and future U.S. Government fleet programs. We look forward to engaging in efforts to develop comprehensive government services lines of business, demonstrate our clean energy solutions, and support future U.S. Government product development.”

About Worksport Ltd.

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit www.worksport.com, www.investworksport.com and www.goterravis.com.

About Terravis Energy, Inc.

Terravis Energy, Inc. designs, develops, and manufactures clean, green energy solutions that power lifestyle markets, with each segment of the company feeding into the derivation of the brand itself – Latin for “Earth” and “Force”. The company foresees the future of the electric vehicle markets and sustainable energy markets through multiple lenses. Its Non-Parasitic Electric Vehicle (NPEV^™) fast charging platform which combines ultra efficient hydrogen fuel cells with solar to create completely carbon-free charge points that can re-energize Battery Electric Vehicles. Its Terravis Nanogrid^™ which is designed to power houses and is modular where excess power can be directed toward utilities such as crypto mining. Its Terravis Microgrid^™ system, composed of a number of Terravis Nanogrid^™ systems, can power data centres and entire communities. Its Terravis Wall-e^™ platform is a standalone power backup system for homes in cases of power failures, as well as a “power guardian” that can be used in conjunction with the Terravis Nanogrid^™.

For more information, please visit www.terravisenergy.com.

Connect with Worksport: 

Please follow the company’s social media accounts on Twitter, Facebook, Linkedin, and Instagram, as well as sign up for the company’s newsletters at www.worksport.com, www.terravisenergy.com or www.investworksport.com. Worksport Ltd. strives to provide frequent updates of its operations to its community of investors, clients, and customers to maintain the highest level of visibility.

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For additional information, please contact:
Steven Obadiah
Business Development Manager
Worksport Ltd.
T: 1-(888) 506-2013
E: investors@worksport.com
W: www.investworksport.com

Forward-Looking Statements

The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of the Company concerning its business strategy, an up listing to a national exchange, future operating results and liquidity and capital resources outlook. Forward‐looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward‐looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward‐looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward‐looking statements to conform these statements to actual results. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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• Worksport Ltd

FAQ

Who is Thomas DiNanno and what role will he play at Worksport Ltd.?

Thomas DiNanno has been appointed to Worksport Ltd.'s Advisory Board, where he will provide expertise in government sector initiatives.

What experience does Thomas DiNanno have that will benefit Worksport Ltd.?

DiNanno has held several key U.S. Government positions related to national security and infrastructure, which will influence Worksport's efforts in the government sector.

How might Thomas DiNanno's appointment affect Worksport Ltd.'s stock performance?

DiNanno's appointment may improve investor confidence by enhancing Worksport's potential connections in the U.S. Government sector, possibly leading to new business opportunities.

What are Worksport Ltd.'s plans regarding U.S. Government markets?

Worksport Ltd. plans to explore integrations of its products into U.S. Government markets and existing fleet programs while developing comprehensive service lines.