GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Completes ZVS Traction Inverter Commercial Prototype

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean tech company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today announced the completion of its 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype. “We’ve validated our core technology and will continue working with Hercules Electric Mobility and a tier 1 automotive supplier, our previously announced co-development partners, on integrating our ZVS traction inverter into their specific powertrain applications,” said Hillcrest CTO Ari Berger. “Implementing our technology in these systems, expected to occur by Q2 2023, will mark another important milestone by transitioning the technology out of our lab and into real-world demonstrations of the Hillcrest ZVS inverter in commercial applications.”

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About Hillcrest Energy Technologies Ltd.

Hillcrest is a clean technology company developing high-value, high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol HEAT and on the OTCQB Venture Market as HLRTF. For more information, please visit www.HillcrestEnergy.tech.

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

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