Ozop Energy Solutions and Hyde Engineering to commercialize the neo-grid | New

OZOP Prepares to Launch Patent Pending Neo Grid Proof of Concept

Florida, NY, November 26, 2021 (GLOBE NEWSWIRE) – Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), announces that after several months of analyzing the direction of the development of energy markets and defining the needs of the “new” energy demand and the logistical challenges faced by the rapidly expanding electric vehicle market, the Company chose to hire Hyde Engineering Services, Inc. (“HES”) to produce the conceptual design for the Neo-Grid. The conceptual design includes the charging, transporting and discharging of energy in level 3 chargers.

HES provides electrical, mechanical, structural and architectural engineering designs for licensing and construction. HES holds PE licenses in 23 states and has a history of technical and service engineering for commercial, industrial, and utility-connected peak energy projects including solar, storage, microgrids , recharging of electric vehicles and back-up generation. To date, HES has designed and interconnected more than 175 MW of distributed energy resource projects in the United States and around the world.

“This begins the development phase of the proof of concept prototype that we were looking for. With our experience in energy storage, technology and electric vehicles, we will move from concept idea to proof of concept, then prospectively to a ready-to-go prototype in about eight months. Our team has calculated the numbers on several levels and followed the market as it continues to mature. Once this is rolled out it will be a big day for the industry and of course for OZOP, ”said Brian Conway, CEO of Ozop Energy Solutions, Inc.” “Hyde shares our vision and our way of thinking outside the box. the beaten track, making our energy mobility project a reality, ”continued Mr. Conway.

Current applications for powering electric vehicles are all grid dependent, which is a serious and fundamental flaw in the current infrastructure construction, manifested in California’s continual power outages and the existing infrastructure in California. coast is seriously deficient and obsolete; The California experience can become a national experience in no time. This represents, among other things, Ozop’s attempt to help facilitate and support national initiatives in the recently adopted national infrastructure legislation.

Most suburban and urban utilities rely heavily on investor-backed grid-tied storage to reduce high demand hours on the grid, however, this will take decades of work. OZOP has developed the Neo Grid which is not geographically linked, can handle demands of several MW and is not exposed to any regulation of the power supply linked to the grid.

The Neo Grid proof of concept will prove our distribution plan and modular engineering design by deploying into real-world applications. In addition, it will confirm our financial model and validate our energy loss calculations defining the resistance losses of usable energy from storage. From power generation to consumption by our bi-coastal customer base, the Neo Grid system will be able to support the currently elusive market of level 3 chargers (less than 30 minutes).

The Company believes that the Neo Grids will be able to serve other markets including, but not limited to, Marine Assistance, Trucking, Last Mile Vehicles, Emergency Request and of course residential markets.

About Ozop Energy Solutions.

Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures and distributes ultra-high power chargers, inverters and power supplies for a wide variety of applications in defense, heavy industry, supporting aeronautical, maritime and other ground. Our strategy is focused on capturing a significant share of the rapidly growing renewable energy market as a provider of the assets and infrastructure needed to store energy.

About Ozop Energy Systems, Inc.

Ozop Energy Systems is a leading manufacturer and distributor of renewable energy products in the fields of energy storage, solar power, micro-grids and charging stations for electric vehicles. We are always among the first to receive the latest technologies, products and application techniques. We offer a broad portfolio of competitively priced renewable energy products with a commitment to customer satisfaction from selection to order, shipment and delivery.

About Power Conversion Technologies, Inc.

Power Conversion Technologies, Inc. designs, develops, manufactures and distributes standard and custom power electronics solutions for the industrial, military and sustainable energy sectors. Founded in 1991 and located in East Butler, Pennsylvania, PCTI’s mission is to be the world leader in high power electronics with the highest level of reliability, quality and continuous innovation. For more information on PCTI, please follow us on our website www.pcti.com or on Twitter, Facebook and LinkedIn.



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Investor Relations Contact – Ozop The Waypoint Refinery, LLC 845-397-2956 www.thewaypointrefinery.com

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