Energy Plug Technologies Corp. Announces Resignation of Director and Termination of a Letter of Intent

Vancouver, British Columbia, Canada – June 26, 2023 –Energy Plug Technologies Corp. (CSE: PLUG, OTCQB: DVPNF, Frankfurt: 6GQ1) (the “Company”), announces resignation of director Broderick Gunning effective June 23, 2023. The Company thanks Mr. Gunning for his service.

The Company also announces termination of the non-binding letter of intent, which was announced in the Company’s news release dated June 19, 2023.  The Company will not be proceeding with the transaction described in that news release.

About Energy Plug Technologies Corp.

Energy Plug Technologies Corp. is a software development company encompassing cutting-edge artificial intelligence (AI) and machine learning capabilities, complementing its existing suite of software development activities which includes developing software technology utilizing advanced algorithms and real-time data analysis to monitor Electric Vehicle (EV) charging stations as well as AI enhanced software development services and intelligent networking solutions for the Virtual Private Network (VPN) sector targeting retail and SME markets.

Greentech Hydrogen Innovations Corp. is a wholly-owned subsidiary of Energy Plug Technologies, a startup energy company formed to identify opportunities in both the science for the purpose of commercialization and the development of products and services addressing the growth in a wide range of long-term hydrogen businesses related to global energy policy objectives and targets. Greentech currently has a patent pending of its Hydrogen-of-Things™ (HoT) Smart Hydrogen Storage and Distribution Sensor Technology.

To learn more about Energy Plug Technologies, please visit www.energyplugcorp.com or contact hello@energyplugcorp.com.

To learn more about Greentech Hydrogen Innovations, please visit www.greentechhydrogen.ca or contact hello@greentechhydrogen.ca.

On Behalf of the Board,

Paul Dickson,
President & CEO

The CSE has not reviewed, approved, or disapproved the content of this press release.

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