Worksport Appoints Yosi Behar, Founder of The Behar Group, to Advisory Board

Rhea-AI Summary

Worksport Ltd (Nasdaq: WKSP, WKSPW) has appointed Yosi Behar to its Advisory Board, enhancing its commitment to advancing clean energy solutions. With over 40 years of experience in real estate, Behar's expertise will support the company's initiatives in solar and hydrogen technologies for off-grid power generation. CEO Steven Rossi expressed confidence in Behar’s role for strategic partnerships. Worksport aims to leverage this collaboration to transform utility applications while introducing its Terravis product line into the consumer market, aligning with shifting consumer preferences toward sustainable energy.

Positive

• Appointment of Yosi Behar expected to enhance strategic dialogues with potential partners.
• Behar's extensive network in both real estate and automotive sectors may open new business opportunities.
• Focus on solar and hydrogen technologies aligns with increasing consumer demand for sustainable energy solutions.

Negative

• None.

Mississauga, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Worksport Ltd (Nasdaq-CM: WKSP; WKSPW) (the “Company”) has appointed Mr. Yosi Behar to its Advisory Board.

The Company’s commitment to decarbonizing transportation and innovating how clean energy is produced and harnessed is paving the way for a global transition to both solar and hydrogen-solutions for mobile power generation, independent of the grid. The Company is focused on bringing such implementations to market that management believes have potential to shift consumers’ utilization towards these off-grid, non-parasitic technologies. Management is looking forward to working with Mr. Behar on opportunities to implement the Company’s clean, sustainable energy solutions in a myriad of automotive as well as real estate applications.

As Founder of The Behar Group, Yosi Behar has been an active real estate representative and broker in Ontario, Canada for over 40 years with overwhelming success. He has coordinated and completed numerous transactions for such companies as Bell Canada, Runnymede Development Corporation Limited, Imperial Oil, Sun Life Assurance Company of Canada, Tribute Homes, Royop Corporation, Petro-Canada, Royal Bank of Canada, The Bank of Montreal, Liberty Developments, Minuk Construction, and Metrus Development.

His current mandates include acting as real estate advisor for Volvo Canada, Volkswagen, Land Rover/Jaguar, Lexus/Toyota, Honda/Acura, Hyundai, Mazda, BMW, Mercedes-Benz, Subaru, Kia, Mitsubishi, Ford, General Motors, Chrysler, and Nissan. He prides himself on his impeccable reputation for service, integrity, perseverance, and loyalty to his valued clientele.

“I am very excited to be associated with such an innovative company that’s looking toward the future and focused on environmentally mindful technologies. Worksport is one of few companies that can leverage my expertise and connections in both real estate and automotive industries to promote all their innovations in meaningful ways directly to companies’ decision makers,” states Yosi.

Worksport CEO Steven Rossi comments, “We are very much looking forward to working with Yosi, as his Advisory appointment will be invaluable toward strategic dialogue with executive committees of potential partners. Worksport believes our solar, hydrogen and energy storage solutions have great potential to transform their respective utilities. And with our Terravis Systems now available for Pre-order, we are eager to get Worksport’s Terravis line of products into the hands of consumers.”

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.

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 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.

Attachment

• Worksport Ltd

FAQ

What is the significance of Yosi Behar's appointment to Worksport Ltd's Advisory Board?

Yosi Behar's appointment is significant as it brings over 40 years of industry experience that can enhance strategic discussions and partnerships, especially in the automotive and real estate sectors.

How might Yosi Behar's experience influence Worksport Ltd's future projects?

Behar's extensive connections and expertise may facilitate the implementation of Worksport's clean energy solutions, potentially accelerating market entry and consumer adoption.

What are Worksport Ltd's main areas of focus following this advisory board appointment?

Following this appointment, Worksport Ltd remains focused on solar and hydrogen energy solutions, aiming to cater to off-grid power generation and sustainable energy applications.

When was Yosi Behar appointed to the Advisory Board of Worksport Ltd?

Yosi Behar was appointed to the Advisory Board of Worksport Ltd on October 26, 2021.

What are the stock symbols for Worksport Ltd?

The stock symbols for Worksport Ltd are WKSP and WKSPW.