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PRESS RELEASE: Exro Technologies Announces Increased Focus on Torque/Speed Management for Electric Motors

| Quelle: Dow Jones Newswire Web | Lesedauer etwa 4 min. | Text vorlesen Stop Pause Fortsetzen
Dow Jones received a payment from EQS/DGAP to publish this press release.




DGAP-News: Exro Technologies Inc. / Key word(s): Miscellaneous
Exro Technologies Announces Increased Focus on Torque/Speed Management for
Electric Motors

2018-06-13 / 16:19
The issuer is solely responsible for the content of this announcement.

Vancouver, British Columbia(Newsfile Corp. - June 13, 2018) - *Exro
Technologies Inc.* (CSE: *XRO*) (OTCQB: *EXROF*) ('Exro' or the 'Company')
Exro Technologies is pleased to report that consistent with its recently
announced collaboration with Potencia Industrial of Mexico City, it is
focusing resources on a new application of its coil switching technology
around improved torque/speed performance of electrical motors.

'The data shows that Exro's coil switching technology improves torque at low
speeds and allows electric motors to maintain higher torque at lower
speeds,' said Mark Godsy, Chief Executive Officer of Exro. 'Many
applications require higher torque at low speeds. Without a good system for
manipulating the torque/speed profile, applications that require higher
torque have had to accept the trade-off of speed degradation when torque
increases, to a point where the motor might stall or stop rotating. Our goal
is to make it possible to eliminate these types of tradeoffs in a broad
range of commercial applications, from electric vehicle motors to e-bikes to
trains and trams, drones, and to motors used in smaller appliances such as
food processors and blenders.'

The company is currently collaborating with Potencia Industrial to
incorporate its coil switching technology into their electric motors and
generators and is actively enlisting other collaboration partners.

'In some cases, such as with e-bikes, consumers have to make a decision
about whether they want to optimize for torque or for cruising speed,' said
Torsten Broeer, Exro's Chief Technology Officer. 'In other cases, companies
are starting to solve torque/speed tradeoffs by using a dual motor design,
where one motor is designed to provide torque at low speeds and the other is
designed to provide optimal cruising performance,' said Torsten Broeer. 'We
believe that our technology can help consumers and commercial partners
achieve optimal performance with a single motor design.'

An additional benefit of actively manipulating the torque/speed profile is
that it becomes possible to reduce the amount of heat that's generated.

'Reducing excess heat is a crucial benefit to many of the customers we've
been talking to,' said Godsy. 'Excessive heat causes unnecessary wear and
tear and also leads to safety concerns. Active management of the
torque/speed profile offers many benefits to many different market segments
and as a company, we're excited about bringing these benefits to our
customers and partners.'

*About Exro *

Exro Technologies Inc. offers the potential to accelerate the transition to
clean energy by improving the efficiency and reliability of electric motors
and generators and by improving the performance and safety of batteries used
to store energy.

For more information about Exro, go to www.exro.com [1]

Certain statements contained in this News Release constitute forward-looking
statements. When used in this document, the words 'may', 'would', 'could',
'will' and similar expressions, as they relate to the Company or its
management are intended to identify forward-looking statements. Such
statements reflect the Company's current views with respect to future events
and are subject to certain risks, uncertainties and assumptions. Many
factors could cause the Company's actual performance or achievements to vary
from those described herein. Should one or more of these factors or
uncertainties materialize, or should assumptions underlying forward-looking
statements prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed, estimated or
expected. The Company does not assume any obligation to update these
forward-looking statements, except as required by law.

_The Canadian Securities Exchange does not accept responsibility for the
adequacy or accuracy of this news release._

ON BEHALF OF THE BOARD OF DIRECTORS

_Mark Godsy, Director & CEO
_
INVESTOR CONTACT INFORMATION

Lyle McLennan: 604 808 9221

Click on, or paste the following link into your web browser, to view the
associated documents http://www.newsfilecorp.com/release/35235

2018-06-13 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Exro Technologies Inc.

Canada
ISIN: CA30222R1091

End of News DGAP News Service

695199 2018-06-13


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1648c247060c94331014b513e7fdc77e&application_id=695199&site_id=vwd&application_name=news


(END) Dow Jones Newswires

June 13, 2018 10:19 ET ( 14:19 GMT)
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