Hypercharge Announces More EV Chargers, Including Level 3 DC Fast Charging, for Major Landmark Development in Surrey

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Hypercharge Networks Corp. (NEO: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider, is pleased to announce it has been selected by PCI Developments to supply 30 additional EV charging stations to commercial visitor parking spaces at the King George Hub development, scheduled for occupancy in 2025. In addition to the 748 Level 2 charging stations previously announced, an additional 29 Level 2 charging stations and 1 dual-port Level 3 charger will be installed at the site for use by visitors to commercial tenants.

PCI Developments, founded in 1982, is a Metro Vancouver real estate developer and investor specializing in urban mixed-use, commercial built-to-suit, and value-added repositioning of existing buildings. King George Hub is a landmark mixed-use development that will provide over 530,000 sq. ft. of LEED Gold, transit-oriented office and retail space in multiple phases, as well as nearly 2,400 homes situated at the junction of up to three rapid transit lines.

"The magnitude of the King George Hub project continues to grow, and we are very excited to expand our offering to include these new chargers, including Level 3 DC Fast Charging technology," said Chris Koch, Head of Growth & Partnerships at Hypercharge. "PCI Developments & Mott Electric have been fantastic partners to work with and we look forward to bringing this critical amenity to visitors of King George Hub's commercial tenants."

Hypercharge will complete the project in collaboration with Mott Electric, which will manage the installation of all chargers and infrastructure requirements. Founded in 1930, Mott Electric, a Hypercharge Preferred Partner, is one of the oldest and largest electrical contracting companies in B.C.'s Lower Mainland.

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About Hypercharge

Hypercharge Networks Corp. (NEO: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to multi-unit residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to providing seamless, simple charging solutions by offering industry-leading equipment and a robust network of public and private charging stations. Learn more: https://hypercharge.com/

On behalf of the company,

Hypercharge Networks Corp.
David Bibby, President & CEO

Investor Relations:
Kelsey Letham | Head of Investor Relations
invest@hypercharge.com
604-881-1730

Media Contact:
Kyle Green | Senior Marketing Manager
kyle.green@hypercharge.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the number of charging stations to be installed by Hypercharge at the King George Hub, and the anticipated timing thereof. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

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

Neither NEO Exchange Inc. nor its Market Regulator (as that term is defined in policies of NEO Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/173315