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Prince Edward Island

Hypercharge Selected to Bring EV Charging to All Provincial Credit Union Branches in Prince Edward Island

Vancouver, British Columbia and Charlottetown, Prince Edward Island – (Newsfile Corp. – February 2, 2023) – Hypercharge Networks Corp. (Neo: HC) (FSE: PB7) (the “company” or “hypercharge“), a leading provider of intelligent electric vehicle (EV) charging solutions, is pleased to announce that it has been selected by the Provincial Credit Union to deliver a total of 11 dual-port Level 2 EV charging stations to its locations whose installations are pending pending begin within the first quarter of 2023.

The Provincial Credit Union is the largest credit union in Atlantic Canada with assets of US$1.2 billion and serves over 35,000 members from 10 branches on Prince Edward Island. With today’s announcement, every Provincial Credit Union branch will soon have a dual-port Hypercharge charging station.

“We’re excited to bring more EV charging to Prince Edward Island communities, making the transition to electrified transportation easier for everyone,” said Chris Koch, Head of Growth & Partnerships at Hypercharge. “Provincial Credit Union is an established and trusted brand in the region and an organization that listens to the concerns of its members and takes steps to care for and contribute to the vitality of their community. We look forward to continuing to work with.” Provincial Credit Union to make PEI a leader in sustainable transportation.”

“Helping build sustainable communities is a top priority for Provincial Credit Union,” said Bernard Gillis, CEO of Provincial Credit Union. “Through our partnership with Hypercharge, we will be able to offer charging stations in communities across the province, many of whom currently do not have access to this type of technology.”

The deal was struck in collaboration with Hypercharge Preferred Partner Canadian Electric Vehicle Charging Solutions (CEVCS), who will install the chargers. CEVCS acts as a value-added reseller for the company, providing an interface to both the residential and commercial markets for those wishing to make an investment in EV charging infrastructure.

Hypercharge EV chargers are available to all drivers across the province and are free for all Provincial Credit Union members and $2/hour for non-members. To sign up for free top-up, members must contact a Provincial Credit Union branch to provide the email address used to create their Hypercharge account.


About Hypercharge

Hypercharge Networks Corp. (NEO: HC) (FSE: PB7) is a leading provider of intelligent electric vehicle (EV) charging solutions, providing turnkey technology for multi-unit residential and commercial buildings, fleet operations and other fast-growing sectors. Driven by its mission to accelerate EV adoption and enable the transition to a zero-carbon economy, Hypercharge is committed to providing seamless, easy charging solutions by offering industry-leading devices and a robust network of public and private charging stations. Learn more: https://hypercharge.com/

Hypercharge Networks Corp.
David Bibby, President and CEO

Investor Relations:
[email protected]

Media contact:
Kyle Green | Senior Marketing Director
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements“) within the meaning of applicable securities laws. All statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by words such as “may”, “should”, “anticipate” , “will,” “estimate,” “believe,” “intend,” “expect” and similar expressions intended to identify forward-looking statements. In particular, and without limitation, this press release contains forward-looking statements regarding Hypercharge’s installation of Tier 2 chargers Provincial Credit Union locations and their timing and payment terms for the EV chargers installed at Provincial Credit Union locations may be affected by a number of material factors, assumptions and expectations, many of which are beyond the Company’s control of forward looking Aussa gene may turn out to be wrong. Events or circumstances could cause actual results to differ materially from those projected due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. Readers are further cautioned not to place undue reliance on any forward-looking statements because, while such information was believed to be reasonable by management at the time it was prepared, it may prove incorrect and actual results could differ materially from those anticipated.

The forward-looking statements contained in this press release are made as of the date of this press release and are expressly qualified by the cautionary statement above. Except as expressly required by securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements contained herein, whether as a result of new information, future events or otherwise.

Neither the NEO Exchange nor its market regulator (as that term is defined in the policies of the NEO Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153284

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