Exro Technologies Inc. announced that its Cell DriverTM stationary energy storage system has achieved UL certification status ("Certification"), as well as the launch of Cellex Energy Inc., a new subsidiary dedicated to Cell DriverTM commercialization. UL certification evolves the Cell DriverTM technology to a full de-risked and commercial-ready product. UL Certification Awarded: Certification marks a significant milestone and the culmination of more than two years of rigorous development and testing.

Exro is now positioned to immediately deploy the Cell DriverTM technology to market with a focus on commercial and industrial ("C&I") sectors. The applications across C&I are numerous, including commercial and office buildings, retail centers, hotels, restaurants, schools, hospitals, and more. Certification is an essential requirement prior to connecting to the energy grid in the USA and Canada, ensuring that products meet rigorous safety standards and regulatory requirements.

Certifications of Cell DriverTM include several standards for the system and subcomponents, as well as certification of the manufacturing process for Cell DriverTM, which will be performed by Exro's contract manufacturing partner, Re:Build Manufacturing. Achieving Certification is a testament to Exro's capabilities in innovation and design, bringing new technologies to market that meet customer needs and achieve the highest levels of safety and performance. This safety and performance have been real-world validated with a Cell DriverTM demonstration unit that has been installed at Exro's Calgary facility for more than a year.

The full system, including energy storage system (ESS), energy management system (EMS) and webserver, have been operating through harsh Canadian climates to collect data, enhance software functionality and test new EMS features.