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://nnw.fm/M5u2i
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://nnw.fm/EXROF
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