Independent testing for a large customer confirmed a 25% to 35% power density improvement bringing HPEV one step closer to integrating its cooling technology into the $100 billion motor/generator market.

(Tampa , FL: December 17, 2013) HPEV, Inc. (OTCQB:WARM), an innovator in energy efficiency and heat removal technologies, announced today that Mohler Technology, Inc. (“MTI”) of Boonville, Indiana, an industry-leading motor testing, manufacturing and repair facility, completed tests for a generator for a yet to be named customer with HPEV technology built inside. The yet to be named customer has declined to be announced publically due to competitive reasons. The goal of the test was to determine the power density improvement achieved by the integration of the HPEV technology in addition to ensuring that the generator meets industry certification standards so that commercialization in the motor/generator industry can begin.

“To put this in the simplest terms, this generator puts out significantly more power and requires less expensive materials to manufacture. This is truly a breakthrough in an industry that has seen little change since the 1950’s,” commented Theodore Banzhaf, HPEV’s President. “We are very excited about the impact that our technology is having in the motor/generator and pump industries and are looking to affect the rest of the rotating equipment universe including brakes/calipers, bearings and other verticals with similar improvements,” continued Banzhaf.

The primary industry certification standards are established and maintained by the National Electrical Manufacturers Association (NEMA) and the Institute of Electrical and Electronics Engineers (IEEE). The generator met expectations on all fronts and achieved certification.

“We are extremely pleased with the results of the testing. The machine performed exactly as expected and further demonstrates the ‘game changing’ impact of our technology on the motor and generator world,” commented Timothy Hassett, HPEV’s CEO and co-founder.

The generator tested was a 650kVA alternator (generator). The alternator was driven at full load to test the limits of the generator and the improved cooling ability of the HPEV technology. The results were an improvement in power density between 25% to 35% (TEWAC vs. TEAAC) and all industry certification standards were met.

HPEV’s technology dramatically increases the efficiency of cooling the generator and that allows it to be driven to higher output levels. Further, because of the increase in power density, a smaller generator can now perform the same power output as before. This means higher margins for the manufacturer, lower costs and efficiency improvements that are dramatic for the end user market. HPEV’s revolutionary technology is also significant to the end user because it requires near zero maintenance which further reduces operating costs. This combination should create great attention in the $100+ billion motor and generator industry.

HPEV management anticipates that OEM’s will begin to manufacture motors and generator with “HPEV inside” in the first half of 2014, and beyond.

About HPEV, Inc.
HPEV, Inc. is an intellectual property and product development company that employs a license and royalty model. The company has expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as pumps, fans, compressors, batteries, motors, generators and bearings.

About Mohler Technology, Inc.
Mohler Technology, Inc. (MTI) is a manufacturer and maintenance firm with major repair facilities for electric motor repair and the repair of other drive train components. Proprietary products include Mohler special explosion proof water cooled mining motors, Mohler Epoxy Seal ES-429 sealed insulation system electric motors and other large and special induction electric motors. Services include electric motor repair and rewinding, electric motor design, predictive maintenance services and various on-site electric motor services. MTI also distributes a line of industrial electric motors and controls. The plant and distribution center sits on a 6 acre site in Southern Indiana with easy access to Interstate highways serving all industrial areas of the United States.

Safe Harbor Statement.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company’s plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company’s business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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