Worksport COR product set to begin sales, pending final approval
September 13 2022 - 10:00AM
Worksport Ltd.
(Nasdaq: WKSP;
WKSPW) (the “Company” or “Worksport”), is
announcing it is nearing the completion of tooling for its COR
portable energy storage system. This is the final step in a long
effort to perfect the product and prepare it for market launch.
COR, with modular batteries and advanced hot-swap technology, works
with SOLIS, Worksport’s groundbreaking advanced truck bed tonneau
cover with integrated solar panels.
“This is a very exciting moment for the Company.
The work we put in prior to this final pre-production step in all
probability means there will be no further required changes before
introducing COR to the wider market,” said Worksport CEO Steven
Rossi. “The first production-ready COR systems are expected to be
delivered to the Company for final testing in mid to late October
with its companion SOLIS tonneau cover to follow by the end of the
year. One of the reasons that these production dates are realistic
is that Company worked with the leading UL consultant who helped us
smooth the way for rapid UL approval.”
In looking back on the journey that has
culminated in production readiness for COR and SOLIS, Rossi added,
“In less than two years, we raised the money needed fund the
advanced R&D necessary to launch SOLIS and COR as well as
re-built the company from the ground up, build up inventory of
current product lines, brought on skilled qualified team members
and are now about to launch a unique products that have been
created to regenerate electric power from the sun, enhance the
environment, reduce carbon emissions and change lifestyles in
outdoor workplaces and recreational sites. We are very proud of
these accomplishments and wish to thank those early investors who
supported us from the start of this important journey. The hard
work is done and now is the time to change our focus -- from
building and preparing to produce and distribute these exciting
products.”
The Company said that before production, there
will be some final internal testing to ensure the COR is pushed to
its limit and still keeps working effectively. Then several will be
sent out to influencers, reviewers and eagerly awaiting potential
customers, including OEM’s we’ve been working towards building a
lasting relationship with like Hyundai, as well as others while
media assets will be prepared, demonstrating COR’s capabilities.
Other partners will also receive pre-production models. A major
Original Equipment Manufacturer who has been developing its own
exclusive SOLIS and COR system for its brands will also receive an
entire system for further review and development.
“Current pre-sales have been very useful and
have provided the Company with valuable insight in shaping our
upcoming SOLIS and COR marketing campaigns,” Rossi said. “They are
new, out of the box and lifestyle changing ideas, and no
pre-existing prototype campaigns already exist. We now understand
our customers much better, and we can’t wait for them – and our
shareholders and investors – to use these products and understand
their vast potential. It is a true inflection point for Worksport,
and the most exciting moment in the Company’s history.
About Worksport Ltd.Worksport
Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops,
manufactures, and owns the IP on a variety of tonneau covers, solar
integrations, and NP (Non-Parasitic), Hydrogen-based true green
energy solutions for the sustainable, clean energy, and automotive
industries. Worksport Ltd. seeks to capitalize on the growing shift
of consumer mindsets towards clean energy integrations with its
proprietary solar solutions, mobile energy storage systems (ESS),
and NP (Non-Parasitic), Hydrogen-based technology. For more
information, please visit www.worksport.com.
Connect with
Worksport:
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well as sign up for the company’s newsletters at www.worksport.com.
Worksport Ltd. strives to provide frequent updates of its
operations to its community of investors, clients, and customers to
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For additional information, please
contact:Steven ObadiahInvestor
RelationsWorksport Ltd.T: 1-(888)
506-2013E: investors@worksport.comW:
www.worksport.com
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