Canadian technology company Exro Technologies (CSE: XRO) (OTCQB: EXROF) this
morning released a letter from the company’s CEO Sue Ozdemir to its shareholders.
Among other highlights, the letter discusses four major projects that are
currently in progress as well as Ozdemir’s commitment to closing eight
strategic partnerships by the end of 2020. “These are four key partnerships as
they demonstrate the scalability and versatility of the Exro technology. We are
now working with bikes, cars, boats, and snowmobiles. The next four deals are
on the horizon, and I am very confident that we will close all eight deals this
year. The team is working hard to ensure the agreements are strategic and the
best fit for our resources and financing. There are ongoing discussions with
customers small and large in a variety of mobility applications. We continue to
evaluate customer provided data which helps us to determine the best fit for
Exro and our partners. While there is no guarantee, I am very confident in the
current stages of negotiation and to meeting our commitment to these eight
deals,” Exro Technologies CEO Sue Ozdemir stated in the news release.
To view the full press release, visit http://ibn.fm/HPTmo
About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing
products and services to manufacturers to increase the efficiency and
reliability of power systems, including electric motors, generators and
batteries. Exro’s patented technology enhances energy systems by dynamically
sensing and adapting variable inputs and optimally matching them to desired
outputs, creating measurable performance gains and extended lifespan. The
widespread applications of the technology apply to optimizing the performance
of electric vehicles, UAVs and ship drives as well as pumps, industrial motors
and energy capture from wind and tides. For more information, visit the
company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates
relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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