TORONTO, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce that PWWR’s CEO, Frank Carnevale, will be giving a Company presentation live at VirtualInvestorConferences.com on December 1st, 2022.

DATE: December 1st, 2022

TIME: 12:30 – 1:00 pm EST

LINK: https://bit.ly/3WBnUTQ

PWWR CEO, Frank Carnevale, will be available for 1x1 meetings with both individual and institutional investors from 1:00pm EST to 5:00pm EST on Friday, December 2nd, 9:00am EST to 12:00pm EST on Monday, December 5th and 9:00am EST to 5:00pm EST on Tuesday, December 6th.

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

ABOUT VIRTUAL INVESTOR CONFERENCES®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Virtual Investor Conferences

John M. Viglotti

SVP Corporate Services, Investor Access

OTC Markets Group

(212) 220-2221

johnv@otcmarkets.com

ABOUT ALKALINE FUEL CELL POWER CORP.

The Company is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech. We bring ‘Power to the People’ today, combining a stable revenue stream with a future- forward vision to commercialize our advanced hydrogen fuel cell technology to meet the massive global market need, and ultimately generate compelling returns for investors.

The Company operates through two global entities: Fuel Cell Power NV, a wholly owned subsidiary in Belgium, and PWWR Flow Streams (“PWWR Flow”), a Company brand in Canada.

  • Fuel Cell Power NV is focused on the development, production and commercialization of micro- combined heat and power (“micro-CHP”) systems and off-grid and back-up power generators based on advanced alkaline fuel cell technology that generates zero CO2 emissions. Fuel Cell Power NV is working through milestones to deliver a commercialized alkaline fuel cell in 2024.
  • PWWR Flow is focused on the development, ownership and operations of combined heat and power (“CHP”) assets. PWWR Flow assets deliver efficiency improvements of over 20% with reduced costs to customers in multi-residential and commercial applications. PWWR Flow has contracted existing CHP assets in Toronto, Canada, and has an additional pipeline of potential contracts valued at over $50 million currently in development.

The Company is well positioned to deliver ‘Power to the People’ in the global energy transition while offering a diversified cleantech growth platform for investors.

Further information is available on the Company website at https://www.fuelcellpower.com/, and the Company encourages investors and other interested stakeholders to follow it on:

LinkedIn, Twitter, Facebook, Instagram and YouTube. Common shares are listed for trading on the NEO under the symbol “PWWR”, the OTC Venture Exchange “OTCQB” under the symbol “ALKFF” and on the Frankfurt Exchange under symbol “77R” and “WKN A3CTYF”.

For further information, please contact:

FrankCarnevale

ChiefExecutiveOfficer

Alkaline Fuel Cell Power Corp

+1(647)531-8264

fcarnevale@fuelcellpower.com

www.fuelcellpower.com  

Forward-LookingInformation

This news release contains forward-looking statements and forward-looking information within the meaningofapplicablesecuritieslaws.Thesestatementsrelatetofutureeventsorfutureperformance.All statementsotherthanstatementsofhistoricalfactmaybeforward-lookingstatementsorinformation.In certaincases,forward-lookingstatementscanbeidentifiedbytheuseofwordssuchas“plans”,“expects” or “does not expect”, “is expected”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variationsofsuchwordsandphrasesorstatementsthatcertainactions,eventsorresults“may”,“could”, “would”, “might”, “occur” or “achieve”. Forward-looking statements in this news release may include, but are not limited to, entering into a definitive agreement regarding the JV, the development of the Pilot, the delivery of electricity to customers, the conversion of green ammonia to hydrogen using AmmPower's ammonia cracking technology, the conversion of hydrogen into clean energy using PWWR's 4kW fuel cell generator system and the availability of hydrogen.

Forward-lookingstatementsandinformationareprovidedforthepurposeofprovidinginformationabout the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results coulddiffer materiallyfromthosecurrentlyanticipatedduetoanumber offactorsandrisks.Accordingly, readersshouldnotplace undue relianceontheforward-lookingstatementsandinformationcontainedin this newsrelease. Readersare cautioned that the foregoing list of factors is notexhaustive. The forward- lookingstatementsandinformationcontainedinthisnewsreleasearemadeasofthedatehereofandno undertakingisgiventoupdatepubliclyorreviseanyforward-lookingstatementsorinformation,whether asaresultofnewinformation,futureeventsorotherwise,unlesssorequiredbyapplicablesecuritieslaws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

NEITHER THE NEO EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE NEO EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Copyright 2022 GlobeNewswire, Inc.

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