Global public sector leaders, professionals, and regulators, and representatives from the public, healthcare, emergency services, are invited to attend the Intelligent Cities Canada, IOT People First Summit. The Intelligent Cities Summit brings global leaders of the public sector on a common platform to discuss vital issues of citizen engagement and citizen experience. Thought leaders share insights to create an efficient public sector for the future. They discuss and derive suitable solutions that utilize innovation and technology to overcome hurdles and improve existing citizen amenities. The Intelligent Cities Group, through its series of three summits, aims to educate public sector personnel to achieve a better future for its citizens. The summits will feature workshops, keynote sessions, case studies, and panel discussions by several public sector leaders. They will offer a broad perspective on the different spheres of development in the public sector and ways to utilize technology. The agenda is, to create a unified system for building better cities across the globe. Public sector entities can leverage the immense networking opportunities offered during the summit. The People First Summit 2022 will take place on November 10, 2022, as a virtual event. the event will commence with opening remarks from Hifazat “Faz” Ahmad, CEO & President, of IoT Events. The opening keynote will be followed by tech keynote and panel discussions. Some important topics of discussion include:

• Ensuring a thriving and positive workplace culture.
• Does the public sector reflect the diversity of its citizens?
• What is the government’s role in ensuring diversity in its workforce?
• Are municipalities hiring employees with disabilities, and the neurodiverse?

After the networking break, the Summit will resume its sessions with panel discussions on immigration and multiculturalism as well as cultural transformation by digital innovation. Discussions will also feature redesigning smart cities considering health, the environment, and renewable energy distribution. With the evolving technology, there is an immediate need for transformation in the workplace to incorporate technology. This technological advancement will be introduced for improving workplace conditions, health, environment, and optimum utilization of renewable energy. Discover what the future holds for citizens and how technology is impacting our public sector domain, only at the IoT, People First Summit 2022. To learn more, please visit https://ibn.fm/P3T1t

• The UN-Habitat’s Strategic Plan 2020-2023 advocates renewable energy adoption, rooftop solar panels
• U.S. Department of Energy investing in geothermal R&D for residential use
• GeoSolar helps ease transition to solar and geothermal with their carbon free building renewable energy systems
• SmartGreen(TM) Home systems include solar panels and geothermal ground loops; upgrades to windows, lighting fixtures and insulation; optimization and tightening of building envelope

The United Nations aims to transform current environmental instability into a new sustainable paradigm through a “green” transition that reduces fossil fuel use and substitutes renewable energy sources (https://ibn.fm/3A1r3). According to the organization’s Strategic Plan 2020-2023: “Urbanization has not yet completed a full transition away from fossil-fueled energy, resulting in extensive air pollution, which damages the health of vulnerable groups, in particular children and the elderly.” Colorado-based GeoSolar Technologies (“GST”), a leading climate technology company, is dedicated to facilitating the transition with SmartGreen(TM) residential and commercial energy systems that reduce or eliminate carbon emissions while providing energy independence. With a successful track record of installations in Colorado, SmartGreen(TM) technology recently earned top scores on the Home Energy Rating System (“HERS”) Index – the industry’s gold standard for calculating energy performance and efficiency. SmartGreen(TM) provides a total energy makeover, including rooftop photovoltaic solar panels and geothermal ground loops that leverage warmth beneath the earth’s surface to heat and cool the building year-round. The system also includes multiple efficiency improvements, including upgraded windows, insulation, and LED lighting systems. The U.S. Department of Energy (“D.O.E.”) is making strides to ease the transition with government programs that aim to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035 (https://ibn.fm/mJawS). According to the D.O.E., 40 million homes can be powered by a small fraction of the country’s geothermal energy. Besides helping the administration reach its goal of 100 percent pollution-free electricity by 2035, the bold move also contributes to the UN goal of reaching net-zero emissions by 2050 under the Paris Agreement (https://ibn.fm/MLb4o). “The United States has a vast, geothermal energy resource lying right beneath our feet, and this program will make it economical to bring that power to American households and businesses,” said U.S. Secretary of Energy Jennifer M. Granholm. “D.O.E.’s Enhanced Geothermal Shot will move geothermal technology from research and development to cost-effective commercial adoption, helping energy communities and workers transition to producing clean energy for the future.” In addition, GeoSolar was recently qualified by the U.S. Securities and Exchange Commission to conduct a Regulation A+ capital raise. For more information on the company’s capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc. For more information, visit the company’s website at www.GeoSolarPlus.com. NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST

• Market analysts foresee revenues for light aircraft and ultralights rising with a CAGR of 5.9 percent to $11.9 billion by the end of the decade
• Best-in-class backcountry aircraft manufacturer CubCrafters, building on the legacy of the classic Piper PA-18 Super Cub, is working to increase its own opportunities and has recently filed with the SEC for Reg A qualification for a public funding
• According to the company, the funds raised will be put to work to realize innovations that will increase production speed, add options to its product line, and improve customer support
• CubCrafters also recently announced a new engine and propeller option that promises to improve aircraft operations and provide pilots with greater flexibility for circumstances they may encounter in the backcountry

As CubCrafters continues preparing its Regulation A+ application filing with the U.S. Securities and Exchange Commission (“SEC”), the best-in-class backcountry aircraft producer is generating excitement through new innovation of its product offerings. In August, the company announced a new lightweight engine option for its Carbon Cub models that is a fuel-injected engine with a fixed-pitch propeller delivering 186 HP for personal aviation enthusiasts. The development allows for simpler control, while also offering more performance flexibility with a ground-adjustable propeller option. The new CC363i F/P engine uses the typical fixed pitch wood/composite propellers offered with previous models of the aircraft, but also has the option of being fitted with newer ground-adjustable propellers pilots may prefer if they want to optimize their flights for climb or cruise missions, eliminating the need of having to change propellers during a trip (https://ibn.fm/HP0ox). The CC363i F/P engine is debuting in CubCrafters’ experimental and build-assist EX-2, EX-3, FX-2 and FX-3 models but was used in a model the company flew from its Yakima, Wash. headquarters to the annual Experimental Aircraft Association’s AirVenture event in Oshkosh, Wis. in July (https://ibn.fm/lxusX). “Our airplanes are remarkably fast, very powerful, technically capable, enduringly rugged and quite simply fun to fly. And now for the first time, CubCrafters is inviting enthusiasts, customers and investors to participate in our future by acquiring shares in a public offering that is available to everyone,” a company video promoting the Reg A+ public offering states (https://ibn.fm/BjXJV). The company’s production schedule is already sold out through the end of next year and at least halfway into 2024, demonstrating the popularity of its products but also the need for it to increase the speed of its output. The company’s bid for public funding is designed to do just that, and help CubCrafters continue to grow in general. “We’ve got to get that (delivery timeline) down and get airplanes to customers faster,” Vice President of Sales and Marketing Brad Damm said during the Oshkosh event (https://ibn.fm/YdcH8). “Second thing, better service, better customer support. We’ve got a fleet of about 1,500 airplanes out there now (and) customers want, need and deserve that support.” The market is expected to offer blue skies to personal aviation companies. Analysts forecast light and ultralight aircraft revenues will hit $11.9 billion by 2030, growing at a CAGR of 5.9 percent between now and the end of the decade (https://ibn.fm/CIGBK). For more information, visit the company’s website at www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to CubCrafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

• EV sales strong despite supply chain disruptions and energy shortages
• Widespread EV adoption hinges on improved range and efficiency
• HLRTF’s EV traction inverter has the potential to improves performance, reduce weight, increase payload, decrease heat production, boost range
• HLRTF signed MOUs with Hercules Electric Mobility and global Tier 1 automotive supplier

Electric vehicle (“EV”) sales are rising despite supply chain disruptions and energy shortages. As consumer demand continues to increase, inverter technology developed by Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) is growing in importance by enabling improved performance and efficiency: two factors critical to widespread EV adoption. Power inverter technology is essential to electric motor operation because it converts a battery’s DC power into the AC power used by the electric motor. While technological innovation continues to make strides, inverter size and power density continue to present mechanical and design challenges to EV manufacturers. Hillcrest’s technology solves those challenges by reducing weight, increasing payload, decreasing heat production, and boosting range. “We’ve suggested claims in our press releases that the inverter itself, the efficiency rate, is higher than any that we’ve seen before – in the 99.5% efficiency range,” said Hillcrest CEO Don Currie in a recent interview (https://ibn.fm/IJxHI). “It controls the thermal increase, the thermal temperature of the inverter itself, and the system itself. It increases switching frequencies and decreases switching losses – that’s the soft switching that we’ve got.” The company recently signed a memorandum of understanding (“MOU”) with Hercules Electric Mobility to build and potentially commercialize an electric powertrain for the company’s e-mobility products (https://ibn.fm/xD9b6). “The Hillcrest inverter really allows us to achieve that high-efficiency aspect, gaining efficiency over other inverter designs, both in size and in performance,” said Hercules Electric Mobility CEO James Breyer during a joint interview with Currie on the Proactive investment news program (https://ibn.fm/XnXo4). “We’ll have a smaller device in the long run that also consumes less waste energy, and if you have a higher efficiency, it means more of your electricity is going to actually propel the vehicle – the boat in this case – versus going to heat and other wasted forms of energy.” HLRTF’s MOU with Hercules Electric Mobility was immediately proceeded by another agreement with a global Tier 1 automotive supplier for a joint project expected to run through 2023 (https://ibn.fm/LynC7). According to the terms of the agreement, both companies will collaborate to integrate an optimized version of Hillcrest’s 250-kilowatt (“kW”) 800-Volt (“V”) inverter into a future powertrain system. “Our partner is an early leader in electrification and has a shared understanding that efficiency is at the core of our electrified future,” said Currie. “We are thrilled to collaborate on a project that could become the basis for many future products.” Since power converters are essential to all electrical applications, Hillcrest’s technology can be applied to numerous markets, including energy storage and renewable energy generation. “While we have a focus on traction inverter technology for electric vehicles (‘EVs’), the technologies we are developing can also be applied to a wide range of industries to make electrical systems more efficient,” said Hillcrest CTO Ari Berger in a recent interview (https://ibn.fm/iQkyd). Based in Vancouver, British Columbia, Hillcrest develops transformative power conversion technologies and control system solutions for next-generation electrical systems. As the world moves forward on the path toward electrification, the company is firmly positioned to provide disruptive technologies that unlock performance and efficiency across the entire electrification value chain. For more information, visit the company’s website at www.HillcrestEnergy.tech. NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

• President Biden signed an executive order aiming to re-establish a safe, legal pathway for data to travel from the U.S. to the EU
• Reklaim is disrupting the traditional advertising market by providing consensual data that brands need for efficient marketing

Anyone who has ever taken the time to read the lengthy user agreements required before using an application knows that it can be nothing shy of frightening to grant apps like TikTok potentially sensitive personal information. For years, mobile applications have collected hordes of user data, selling it to the highest bidder for “targeted marketing,” a practice through which products are linked to their most likely buyers. Luckily, things are changing. Thanks to new regulations and companies like Reklaim (TSX.V: MYID) (OTCQB: MYIDF), consumers are better protected and taking back rightful ownership of their information. Users of Apple products have likely noticed popups reading “Allow ‘App’ to track your activity across other companies’ apps and websites?” when installing a new app. Launched with iOS 14.5 in April 2021, Apple’s App Transparency framework finally gave users an option to tell apps not to stalk them. Much to the dismay of advertisers and brands, users screamed their disapproval of being capitalized upon, as evidenced through a whopping 96 percent of users saying “no” to the “allow to track” prompt. With protecting personal information, a top priority for the Biden administration, the president this month signed an executive order that re-imagines the transferring of data between the U.S. and the European Union. The new EU-U.S. Data Privacy Framework (EU-U.S. DPF) is designed to replace the EU-U.S. Privacy Shield that was struck down by the Court of Justice of the European Union (“CJEU”) in July 2020 after it replaced the Safe Harbor invalidated by the CJEU in October 2015 subsequent to Edward Snowden blowing the whistle on U.S. government surveillance programs. The lack of an agreement between the U.S. and EU means that there has been no safe legal route for data transfer between the two. That, combined with Apple and other major tech companies cracking down on privacy, has upset the $257 billion global mobile advertising market, leaving companies searching for the data that undergirds their marketing efforts. Reklaim has a refreshingly transparent solution: pay the consumers for their data. The company offers a privacy-compliant identity ecosystem, both online and via mobile app on iOS and Android, in the U.S and Canada. Reklaim believes that consumers own their data and, consequently, have the right to access their online data and choose how it is used, whether for compensation or privacy. Through the Reklaim platform, consumers can see how their data is collected and, if they choose, receive payment for its use. In turn, Reklaim can provide advertisers and brands with data that is fully compliant with all privacy regulations. “Data privacy regulations, which prevent the sale of unconsented data, are suffocating the revenues of legacy data companies whose business models are dependent upon this type of transaction,” Neil Sweeney, Chief Executive Officer at Reklaim, said in a recent press release. “As more legislation is passed, the need for Fortune 500 companies to find a new supplier of consented data at scale grows. Reklaim is the only destination for brands and companies to source high-fidelity, first-party consented profiles that do not violate data privacy regulations.” Reklaim is using organic strategies in combination with acquisitions to grow its business. Late in September, the company inked a letter of intent to purchase the assets of Multimedia Lists Inc., a data broker currently operating in the U.S. For more information, visit the company’s website at www.ReklaimYours.com. NOTE TO INVESTORS: The latest news and updates relating to MYIDF are available in the company’s newsroom at https://ibn.fm/MYIDF

• Lexaria is a drug delivery technology company developing DehydraTECH-CBD as a prospective registered treatment for hypertension and potentially other disease states beyond hypertension
• The company has undertaken multiple de-risking hypertension studies that have not only evidenced that DehydraTECH-CBD is safe and well tolerated, but have also shown that it reduces blood pressure and arterial stiffness
• Hypertension is a leading contributor to deaths in the United States, damaging organs such as the heart, brain, and kidneys, yet only a tiny proportion of patients have it under control

Hypertension, an area of interest and focus for drug delivery technology company Lexaria Bioscience (NASDAQ: LEXX), has many harmful effects on the body, its organs, and overall personal health. Hypertension, or high blood pressure is a condition characterized by consistent exertion of elevated pressure – at least 130/80 mmHg – on blood vessels. This pressure, analyses have shown, causes the walls of blood vessels to become less stretchy or elastic, narrowing their internal cross-sectional area and ultimately damaging them (https://ibn.fm/UJNJ5). As a result, blood flow drastically reduces, and in a cascade of events, the flow of oxygen to the heart also declines. This has been linked to heart disease, heart attack, and heart failure. Nonetheless, the reduced blood flow does not only impact the functionality of the heart but also other organs, including the brain and kidneys. In fact, high BP is the second leading cause of kidney failure in the United States (https://ibn.fm/bPzVK). Despite their relatively small size, kidneys serve as the body’s filtration system – they remove toxins, extra fluid, and waste from the blood through filtering units known as nephrons. The narrowing of blood vessels due to hypertension, however, deprives the nephrons of oxygen and other essential nutrients, impeding their normal function. This causes excess build-up of fluid and waste in the blood, which can, in turn, elevate the blood pressure even further. At the same time, kidneys also regulate blood pressure by responding to the hormone aldosterone. Therefore, they trigger a further elevation in blood pressure if and when they cannot function well due to the above events. The various effects of hypertension point to the importance of keeping the condition under control. And although it can even lead to death and is, in fact, one of the leading causes of death in the United States, awareness, diagnosis, and management are still considerably low. According to the World Health Organization (“WHO”), about 46% of adults with hypertension are unaware they have the condition. At the same time, only about 42% of adults with high BP are diagnosed and treated, while only 21% of hypertensive adults have the condition under control (https://ibn.fm/7HhB6). These statistics are worrying in light of the myriad consequences of high blood pressure, which is why Lexaria has focused its attention on finding a safe and effective treatment. The company, which created a patented drug delivery technology called DehydraTECH that can be applied in broad use within the pharmaceutical industry, is positioning DehydraTECH-processed cannabidiol (“CBD”) as a potential treatment for hypertension. “Our biggest area of investigation in 2021 was CBD for hypertension and heart disease, and we enjoyed a very successful year in this regard,” wrote Lexaria CEO Chris Bunka in his 2022 letter to shareholders (https://ibn.fm/NOsVd). “This year [2021], we evidenced that human blood pressure dropped within minutes of swallowing DehydraTECH-CBD capsules, after just a single dose… At selected times during the 24-hour [HYPER-H21-2 follow-up] study, volunteers with mild to moderate hypertension averaged as much as a 20 mmHg (i.e., 23%) decrease in BP relative to placebo. This is a large response after a single day of dosing, and we were encouraged by these results.” In total, the company conducted three de-risking studies in 2021, with the third, HYPER-H21-3, showing that DehydraTECH-CBD reduced pulmonary systolic pressure by ~5 mmHg or 41% overall in male participants. Throughout all three studies, Lexaria evidenced no significant adverse effects with DehydraTECH-CBD. In July this year, Lexaria completed dosing for its largest hypertension study yet, HYPER-H21-4, reporting no serious adverse events (https://ibn.fm/pNtoa). Sixty-six patients were dosed in the study over five weeks, conforming to the company’s initial desire to evaluate a “large enough group to obtain reliable, statistically significant data and a long enough study duration to witness the true power of DehydraTECH-CBD in modulating BP.” “If this study is successful, we feel strongly that it will be highly supportive of our Investigational New Drug (“IND”) filing plan, and we will have a clear path toward designs of Phase I and even potentially Phase II FDA-registered clinical studies thereunder,” Bunka continued. Lexaria expects to release the results in due course. By developing DehydraTECH-CBD as a prospective registered treatment for hypertension and potentially other disease states beyond hypertension, Lexaria hopes to provide hypertensive patients with safe, well-tolerated, and effective medication to help them manage their condition, consequently preventing adverse effects such as kidney disease. For more information, visit the company’s website at www.LexariaBioscience.com. NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

• The Inflation Reduction Act of 2022 (“IRA”) is set to boost the development of solar, wind, and big batteries, by at least 20% through 2030, with a target of 364 gigawatts of the capacity of solar energy alone
• BNEF projects that by 2030, solar power plants will have three times the capacity of all United States solar plants in operation in 2021, 21% higher than the initial forecast before the IRA was signed in August
• Correlate’s understanding of the renewable energy market, and the competence of its leadership, position it to take advantage of the ongoing energy transition and the opportunities therein

Correlate Infrastructure Partners (OTCQB: CIPI), a portfolio-scale real estate platform, is eying a significant growth potential in market capitalization in the coming years. Todd Michaels, the company’s President and Chief Executive Officer (“CEO”), has lauded his team’s efforts so far and the progress that the company has made as it works towards being “the first profitable, rapidly-growing publicly-traded clean energy company.” A recent law signed by the President is set to boost the development of solar, wind, and big batteries by at least 20% through 2030. Dubbed the Inflation Reduction Act (“IRA”) of 2022, the law looks to lower energy costs, increase cleaner production, and reduce carbon emissions by roughly 40% by 2030 (https://ibn.fm/KFq50). Companies such as Correlate are set to benefit from the Act in terms of tax credits for renewable technologies. They will also facilitate the construction of solar power plants with a target of 364 gigawatts of capacity by 2030 (https://ibn.fm/96dwu). Correlate’s understanding of the renewable energy market, coupled with the competence of its leadership, positions it to take advantage of this ongoing transition and the opportunities therein. In addition, it places Correlate in a strategic position to become one of the biggest beneficiaries of this energy change and a key player in shaping renewable energy adoption and usage in the United States and beyond. By 2050, installed solar photovoltaic (“PV”) capacity globally is projected to grow 20-fold, with the technology representing 38% of all electricity production. It is also projected that by 2050, in addition to the net zero emissions goals, the average Levelized Cost of Energy (“LCOE”) for solar PV will fall from the current $50/MWh to around $30/MWh, with individual projects costing well below $20/MWh (https://ibn.fm/lha7L). Correlate is looking to take advantage of this and become an integral player, not just in installing solar power systems but maintaining them over time for the benefit of the consumers. Bloomberg New Energy Finance (“BNEF”) projects that by 2030, solar power plants will have three times the capacity of all United States solar establishments in operation in 2021. This is 21% higher than BNEF’s initial forecast before the IRA was signed in August. Correlate looks to capitalize on this projected growth as it works to achieve both its short-term and long-term objectives while also playing a pivotal role in the energy evolution in the first place. Its management is confident in the company’s current trajectory and is optimistic about the company’s market capitalization growth. With an opportunity pipeline of over $100 million in commercial projects and more than $20 million in awarded backlog, Correlate is a testament to the overall shift to renewable energy sources, the viability of solar energy, and its importance in achieving the 2050 net zero emissions target. For company information, visit the company’s website at www.CorrelateInfra.com, including the following:

• Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.CorrelateInfra.com/our-process
• Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.CorrelateInfra.com/program

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

• EverGen expanding RNG infrastructure across Canada with projects in British Columbia, Alberta, Ontario
• RNG demand and pricing unpredictable in US due to carbon credit system
• Canada’s RNG companies have competitive advantage over US companies due to long-term offtake agreements for energy derived from RNG projects

Renewable natural gas (“RNG”) is considered carbon-neutral because it is produced by decomposing organic materials such as animal and food waste that otherwise would produce methane if left to decay naturally. In addition, RNG production does not pollute the air, water or land like traditional natural gas extraction methods while still being fully compatible with the existing pipeline system. EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), an energy company that is developing Canada’s RNG Infrastructure Platform, is leading RNG development by acquiring, developing, building, and operating a portfolio of RNG, waste-to-energy, and related infrastructure projects. The company aims to expand its network across the country with support from Canada’s energy sector – an environment that provides significant advantages compared to the United States. “In Canada, we can build infrastructure with certainty of long-term contracted revenue,” said EverGen Co-Founder and CEO Chase Edgelow in a recent interview (https://ibn.fm/73n3c). “This is different from the US model, which is reliant on carbon credits which have a pricing mechanism that can be difficult to predict.” “What’s unique about this landscape and industry in Canada comes from what we see as a really strong tailwind for our business:  the strength of the Canadian regulated gas utilities in terms of providing long-term offtake agreements for energy derived from these RNG projects.” EverGen is expanding nationwide, starting in the West with three British Columbia projects and one in Alberta. With a focus on the East, the company recently acquired a 50 percent interest in Project Radius – a portfolio of RNG development projects in Ontario that can collectively produce approximately 1.7 million RNG GJ/year. “When you add it all together, we’ve got a business capable of delivering $30 million of EBITDA from the portfolio that we have in front of us, and we see 25+ projects in Canada that could deliver 4x growth beyond that, said Edgelow (https://ibn.fm/WMarn). “There’s a tremendous amount of opportunity in this space right now.” Besides growing sustainable energy alternatives in Canada, EverGen is equally dedicated to achieving “Net Zero” – a global initiative to reach carbon neutrality by 2050. With Net Zero in focus, Canada’s natural gas utilities set targets to blend RNG into natural gas streams at a rate of 5 percent by 2025 and 10 percent by 2030 (https://ibn.fm/ElShD). Based in Vancouver, British Columbia, EverGen is an established independent renewable energy producer committed to a carbon-neutral future. The company currently focuses on building its network in Canada with the long-term goal of developing RNG infrastructure throughout North America and beyond. For more information, visit the company’s website at www.EverGenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

• Net zero has become global economic matter with tangible financial impact as it increasingly enters investors’ risk/return equation
• Solar is well-placed to be one of the key carbon-free energy sources as business case for net-zero builds; more than 5,000 businesses and 400 large investors have committed to net-zero target
• GeoSolar seeks to position itself for growth amid flourishing demand for carbon-free power and robust business outlook for solar; sector could quadruple by 2030 and potentially produce 40% of US Electricity by 2035

Net-zero efforts have been spreading like wildfire. But achieving this ambitious target means balancing an equation between the amount of greenhouse released into the atmosphere and the amount removed by solutions for carbon capture and storage. When the equation is balanced worldwide, global warming will plateau. Since the global capacity for carbon storage is just one-thousandth of greenhouse gas emitted yearly, routes to net-zero predominantly depend on the world economy emitting less (https://ibn.fm/mfKVx). That’s where GeoSolar Technologies (“GST”), a Colorado-based climate technology company, seeks to leave its mark on the global movement for a net-zero future with its SmartGreen™ Home systems that leverage the power of the sun and earth to empower businesses and homeowners to achieve net-zero. Since no global authority has the mandate to enforce its implementation, net-zero efforts are still a patchwork of governments, companies, institutions, and non-profits committing to the shared vision of a carbon-free economy. The more that join, the more attainable the global goal becomes. Today, over 70 countries worldwide have announced net-zero targets, as well as more than 5,000 businesses and 400 large investors. But since its humble beginnings, the net-zero target has evolved from being a lofty aspiration of climate activists into a goal not only accepted across the board but one with a strong business case behind it. Investor pressure is one of the main reasons for companies to reduce their carbon emissions, believes Kirsten Snow Spalding, senior program director of the Ceres Investor Network, a network of 220 institutional investors managing more than $60 trillion and a founding partner of the Net Zero Asset Managers Initiative. Companies risk losing money due to carbon taxes and regulatory and reputational risks if they are not proactively working toward decarbonization. Similarly, there’s a clear case for homeowners to up their net-zero game to benefit from lower energy costs and enhanced energy independence. Solar appears to be one of the critical pieces of the net-zero jigsaw. Although currently accounting for around 3% of the US electricity supply, the US solar industry has been on a steep growth trajectory, with a 30% annual increase in solar panel installations in 2021 (https://ibn.fm/zkkNv). As a result, Rocket Mortgage – the largest mortgage lender in the US – has announced its expansion into solar (https://ibn.fm/Ct8MY), offering loans to customers looking to install solar panels amid a boom in residential solar (https://ibn.fm/FdIF2). This seems to be only the beginning of what looks like a rapid growth journey for solar – and GeoSolar appears well-positioned in the booming market that is yet to see explosive growth. The Solar Energy Industries Association and Wood Mackenzie project that the sector could quadruple by 2030 (https://ibn.fm/NhAB6). At the same time, the Department of Energy forecasts in its Solar Futures Study that by 2035, solar energy could power 40% of the country’s electricity (https://ibn.fm/6EVBh). GeoSolar seeks to position itself at the forefront of the solar movement to electrify the economy in the global bid to transition to the net-zero future. Through its revolutionary SmartGreen™ Home system, the Company strives to transform every aspect of the living experience by using the power of the sun and earth to heat and cool residential and commercial buildings, charge electric vehicles, and run electric devices. For more information, visit the company’s website at www.GeoSolarPlus.com. NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST

• Hillcrest Energy Technologies announced that it had recently entered an MOU with a Tier 1 global automotive supplier centred around the development of the company’s inverter
• The company’s silicon carbide traction inverter has been designed to be smaller, slighter, and more powerful than currently available inverters – allowing automotive companies to reduce EV weight whilst simultaneously, decreasing energy losses
• Hillcrest eventually sees multiple applications for its inverter architecture, including within grid-tied renewables like wind and solar power, electricity charging and storage systems
• The company also announced the appointment of James Bolen as Hillcrest’s new Chief Commercialization Officer

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies, recently revealed that it had signed a memorandum of understanding (“MOU”) with a global Tier 1 automotive leader in mobility innovation. The agreement marks yet another milestone for Hillcrest Energy Technology, which has seen the company recently file a patent for an enhanced powertrain solution offering the potential to simplify EV charging, whilst simultaneously pursuing the commercialization of their novel high-efficiency inverter product. The agreement will see Hillcrest Energy and the Tier 1 supplier collaborate to integrate an optimized version of Hillcrest’s 250-kilowatt (“kW”), 800-Volt (“V”) inverter into a future powertrain system. Hillcrest’s revolutionary technology, which allows for a high level of optimization and seamless integration within potential partners’ product portfolios, has been designed to form the eventual cornerstone of the next generation of EV inverters. The product, which is more powerful than the current generation of EV inverters whilst being simultaneously, lighter, and smaller relative to its peer group, will seek to transition the electric vehicle industry away from a current cycle characterized by larger and heavier batteries towards one of decreasing EV weight. Electric vehicle battery sizes have risen in proportion with the desire to boost EV range capacity; by achieving higher switching frequencies without switching losses, thereby boosting inverter efficiency levels, Hillcrest’s inverter solution is positioned to help eliminate traditional design trade-offs currently faced across the EV industry. Hillcrest CEO, Don Currie remarked on the MOU, “Our partner is an early leader in electrification and has a shared understanding that efficiency is at the core of our electrified future. We are thrilled to collaborate on a project that could become the basis for many future products.” Hillcrest Energy also seized the opportunity to announce that it had appointed James Bolen to the role of Chief Commercialization Officer (“CCO”) for the company (https://ibn.fm/dKQ3Q). Bolen had previously served as an advisor to Hillcrest for the past nine months, bringing with him decades of experience developing and commercializing products for the automotive and industrial power sectors. “James’ extensive knowledge, experience and network will continue to be instrumental in the successful commercialization of our technologies,” stated Currie upon announcing Bolen’s appointment to the role.  “In James’ expanded role, his leadership within Hillcrest will continue to provide the company with valuable access and insights into customer needs and expectations.” Meanwhile, James Bolen capitalized on the opportunity to discuss his strategic vision for the company as well as his aspirations for the role. “Hillcrest is making strong advancements in the commercialization of its innovations, consistent with our technology and product development roadmap,” he stated. “Most critically, the development program is centered around a high level of customer intimacy to ensure strong customer requirements and product specifications, followed by application-specific customization.  I’m thrilled to be taking on this new role within the Hillcrest team and look forward to my expanded involvement in engaging and securing commercialization partners.” Freshly off Hillcrest’s first MOU with Hercules Electric Mobility (https://ibn.fm/HfBof), the company announced their second partnership this month with a global Tier 1 automotive supplier, carrying out their commercialization plans to integrate their inverter technology into powertrain systems. “This is the second MOU Hillcrest has announced this month. These combined opportunities are a tangible demonstration of customer interest in our inverter technology as well as our ability to move quickly into the next phase of the commercialization process,” added Currie (https://ibn.fm/LvyEV). For more information, visit the company’s website at www.HillcrestEnergy.tech. NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF