CSE New Listing - Exro Technologies Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

Vancouver, British Columbia--(Newsfile Corp. - August 31, 2017) - Exro Technologies (CSE: XRO) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol "XRO". Exro Technologies Inc. is a Vancouver-based company commercializing patented technology designed to advance existing rotating electric machines.

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The Dynamic Power Management technology enables motor and generator systems to operate more efficiently providing benefit to sustainable and renewable electricity generation markets, as well as variable load industrial and commercial applications for motors.

One of the key markets for the technology is wind farms, because they operate with significant wind speed variability. As wind farms typically operate on low operating profit margins, where even moderate improvements in wind energy capture can result in increased profitability.

Motors consume a large portion of all electricity generated in North America and with industries such as mining and commercial/industrial refrigeration, electricity is a significant operating cost. Integration of the technology into motors and reversible systems also serves to increase the range of electric vehicles through efficiency gains in the electrical machine and associated power electronics generation and regenerative capabilities. Though much further on Exro's technology roadmap, applications for motor-generators, also known as four quadrant electric machines, in hybrid and electric vehicles may benefit from the technology.

Management stated: "With over one billion cars, 100 million elevators, 200 million diesel generator sets and 300 million industrial motors in the world, Exro has huge market potential."

Exro Technologies' business model is to develop license partners, with leading market positions and innovation based growth strategies.

The company recently raised gross proceeds of $600,000 from an offering of 3 million shares priced at $0.20 per share. The shares are trading at $0.25 and with 43.1 million shares outstanding, the company is capitalized at $10.8 million.

For more information about the company, please visit the company's website www.exro.com, or contact Lyle McLennan, Investor Relations, at 604-808-9221 or email lmclennan@exro.com.

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