TAMPA, Fla., May 02, 2017 (GLOBE NEWSWIRE) -- Cool Technologies, Inc. (OTCQB:WARM) an innovator in mobile power generation, energy efficiency, and heat removal technologies, showcased its 75 kVA Mobile Generation (MG) system before a live audience at Craftsmen Industries’ 35th Anniversary Party in St. Louis and online via video stream on April 27th.
Craftsmen designs, engineers and produces mobile marketing vehicles, experiential marketing platforms and industrial mobile solutions and often powers them by essentially building a tow behind generator into the product. For the presentation, Craftsmen provided a mobile command center to power.
With a touch on the display of the Human Machine Interface in the cab of the Ford F-350 diesel, the lights blazed in the massive trailer and the heating and air conditioning hummed. At no time was the MG system pushed to its limits. Even with the HVAC running, the work truck could have easily powered 5 more command centers.
Tim Hassett, Cool Technologies CEO, detailed the system’s specifications and benefits, noting the 6,000 pound weight reduction, the elimination of the structural reinforcement, soundproofing and fire, heat and leak barriers as well as the additional 400 square feet of space the command center would gain through the removal of its generator compartment.
The audience included prominent investors, fund managers, military officers from the Pentagon and Southern Command as well as representatives from Panasonic, Nidec Motor Corporation, Thomas Coffee, Cornerstone Growth Advisors and the Salvation Army’s Emergency Disaster Services.
The reviews were overwhelming positive.
“Cooltech embodies the intersection of many core technologies opening many possibilities around efficiency in power management and mobility. This is definitely the place to create a real value as we move into Smart Mobility with goods/people/information/energy,” said Hakan Kostepen, Panasonic Silicon Valley Center, Executive Director - Innovation & Strategy.
Afterwards, Tim Hassett and Chief Technology Officer Mark Hodowanec took questions from the audience.
The original broadcast is still available on YouTube at www.youtube.com/watch?v=1XfWkvhn44s. The question and answer session will be added as soon as possible.
Earlier this year at the North American International Auto Show in Detroit, Cool Technologies demonstrated the electric vehicle charging capabilities of its gasoline or compressed natural gas fueled Ford F350 retrofitted with a 30 kVA system. During the second half of the year, it plans to introduce an 125 kVA system for class 3 to 5 chassis cab trucks. In the meantime, both Cooltech and Craftsmen Industries are taking orders for MG 30, 55 and 80 systems.
About Cool Technologies, Inc.
Cool Technologies is an intellectual property and product development company commercializing patented thermal dispersion technology across multiple platforms. The Company has additional patents-pending for various OEM applications of its proprietary heat removal technologies. Tested and validated by two third parties, ESSCO Pumps and Nidec Corporation, the Company’s cooling system eliminates the need for costly modifications while increasing power output of pumps, fans, compressors, batteries, motors, generators and bearings.
Safe Harbor Statement.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, contact ir@cooltechnologiesinc.com.