VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/22/16 — Torino Power Solutions Inc. (CSE: TPS) (the “Company” or “Torino”), is pleased to announce that it will begin trading on the Canadian Securities Exchange on April 25th, 2016.
Torino Power Solutions Inc. is focused on its patented Powerline real-time wireless monitoring system, also known as Dynamic Thermal Circuit Rating (DTCR) technology that increases the capacity of congested high voltage powerlines of electric utilities by providing real-time data to utilities related to sag, temperature and other vital information. Torino microwave cavity sensors are super durable and do not require a power source and are easy to apply to existing powerlines. The technology has market opportunities and applications for utilities worldwide as well as oil pipelines, dams, bridges and other major infrastructure assets. The Torino technology is supported by five patents. Please visit for more information on our technology and Company.
We seek Safe Harbor.
On behalf of the Board of Directors
Rav Mlait, CEO and Director
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as final development of a commercial product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development. There are numerous risks and uncertainties that could cause actual results and the Company–s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks regarding protection of proprietary technology; (iii) the ability of the Company to complete financings; (v) the ability of the Company to develop and market its future product; and (vi) risks regarding government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company–s public announcements and filings. There is no assurance that the DTCR business will provide any benefit to the Company, and no assurance that any proposed new products will be built or proceed. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial DTCR systems. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.
Contacts:
Torino Power Solutions Inc.
(604) 551-7831
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