Polar Power Inc. Engages CORE IR for Investor Relations and Shareholder Communications Services
27 Outubro 2023 - 9:00AM
Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA),
a global provider of prime, backup and solar hybrid DC power
solutions, today announces it has retained CORE IR, a leading
investor relations, public relations and strategic advisory firm,
to assist the Company with investor relations and shareholder
communications services.
Polar Power CEO, Arthur Sams, commented, “We believe that a
strategic approach that articulates our near- and long-term
business opportunities and financial model, has the potential to
generate meaningful value for our company and our shareholders. We
are excited about the opportunities that we see on the horizon for
our company, and we are confident that Core IR’s experience and
resources will help us communicate our unique and valuable
technology platform to our stakeholders, present and future.”
CORE IR will focus on expanding market awareness for Polar
Power, conveying the company's business model, market opportunity,
and growth strategies to the institutional and retail investment
communities, as well as with the public, at large. CORE IR, a
boutique Investor and Public Relations and strategic advisory firm,
specializes in leveraging the most effective investment, growth and
exposure strategies for small to mid-sized publicly traded and
privately held companies through an integrated approach to
relationship development and corporate communications.
“CORE IR is a great fit for Polar Power, with a team of
professionals that has decades of experience at the intersection of
the industrial and technology sectors. We look forward to working
with the Polar Power team to articulate an exciting growth story
and communicating multiple avenues of growth in mobile EV charging,
nano-grids, and solar hybrid markets. We look forward to a strong
strategic partnership that facilitates improved communications and
supports shareholder value creation,” added Scott Gordon, president
of CORE IR.
About CORE IR
Headquartered in Garden City, New York, CORE IR is comprised of
senior market and practice leaders with expertise in Institutional
and Retail investor relations and integrated corporate
communications and capital markets advisory services. CORE IR
provides proprietary integrated Investor and Public Relations
Solutions that yield targeted exposure for small to mid-sized
companies. For more information, please
visit www.coreir.com.
About Polar Power, Inc.
Gardena, California-based Polar Power, Inc. (NASDAQ: POLA),
designs, manufactures and sells direct current, or DC, power
systems, lithium battery powered hybrid solar systems for
applications in the telecommunications market and, in other
markets, including military, EV charging, cogeneration, distributed
power and uninterruptable power supply. Within the
telecommunications market, Polar Power’s systems provide reliable
and low-cost energy for applications for off-grid and bad-grid
applications with critical power needs that cannot be without power
in the event of utility grid failure. For more information, please
visit www.polarpower.com. or follow us
onwww.linkedin.com/company/polar-power-inc/.
Safe Harbor Statement Under the Private Securities
Litigation Reform Act of 1995
This news release contains certain statements of a
forward-looking nature relating to future events or future business
performance. Forward-looking statements can be identified by the
words “expects,” “anticipates,” “believes,” “intends,” “estimates,”
“plans,” “will,” “outlook” and similar expressions. Forward-looking
statements are based on management’s current plans, estimates,
assumptions and projections, and speak only as of the date they are
made. With the exception of historical information, the matters
discussed in this press release including, without limitation,
Polar Power’s belief that the implementation and ongoing
development of5G networks along with programs to develop the
telecommunications infrastructure in rural and underdeveloped
countries will continue to fuel the Company’s growth in the
telecommunications market over the next five to ten years; Polar
Power’s belief that Toyota prime power engines will provide strong
opportunities for growth and diversification; Polar Power’s
expectation that its line of EV chargers will be available in the
year 2024; and Polar Power’s expectations that it’s large
investments in inventory, including engines, will convert back to
cash as product sales accelerate are forward-looking statements and
considerations that involve a number of risks and uncertainties.
The actual future results of Polar Power could differ from those
statements. Factors that could cause or contribute to such
differences include, but are not limited to, adverse domestic and
foreign economic and market conditions, including demand for its
solar hybrid power systems and mobile EV chargers; trade tariffs on
raw materials; changes in domestic and foreign governmental
regulations and policies; the impact of inflation and changing
prices on raw materials; supply chain constraints causing
significant delays in sourcing raw materials; labor shortages as a
result of the pandemic, low unemployment rates, or other factors
limiting the availability of qualified workers; and other events,
factors and risks. It undertakes no obligation to update any
forward-looking statement in light of new information or future
events, except as otherwise required by law. Forward-looking
statements involve inherent risks and uncertainties, most of which
are difficult to predict and are generally beyond Polar Power’s
control. Actual results or outcomes may differ materially from
those implied by the forward-looking statements as a result of the
impact of a number of factors, many of which are discussed in more
detail in Polar Power’s reports filed with the Securities and
Exchange Commission.
Contact:
Core IRPeter Seltzberg, SVP, IR and Corporate
Advisory516-419-9915peters@coreir.com |
Polar Power,
Inc.310-830-9153ir@polarpowerinc.comwww.polarpowerinc.com |
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