Tanaris Power Holdings, Inc. (OTC: TPHX) Announces New Tanaris Power High-Density Osprey Batteries

LAS VEGAS, NV / ACCESSWIRE / April 29, 2015 / Tanaris Power Holdings Inc. announced today that Tanaris Power Inc. has begun development of high density Osprey vehicle batteries, which are based on the same high density Lithium-Ion cell technology that will be used in its Falcon HD batteries. The new line of custom vehicle batteries will be called the “Osprey HD” series. Like the Falcon HD batteries, they will also offer approximately 40 percent more energy density compared to standard Osprey batteries.

All Osprey and Osprey HD batteries are designed for vehicle retrofit and similar custom applications, where standard batteries will not work. Various configurations of Osprey HD batteries should be ready for production and evaluation during Q4 2015, and they will be offered in various energy capacities ranging from 300 Ah to more than 800 Ah.

“We are very excited to be expanding the Osprey battery line with the HD models,” explained Tanaris Power Inc. CEO Bruce Farmer. “As is true with the Falcon HD batteries, that extra 40 percent energy capacity gain is a tremendous step forward in vehicle performance and capability. The additional energy density is especially important in custom vehicle applications, where there is almost always less space available to work with when designing custom batteries for retrofit applications. But in many applications we should, in fact, be able to reduce the number of battery modules by as much as 50 percent. That will, in turn, dramatically drop the end-user price of these custom batteries.”

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This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this document regarding the intentions, the expected timetable for completing any transaction, and any other statements about Tanaris Power Holdings, Inc. managements’ future expectations, beliefs, goals, plans, or prospects constitute forward-looking statements. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” and similar expressions) should also be considered to be forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the issuer of the press release assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the issuer of this press release believes that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company’s annual report on Form 10-K for the most recent fiscal year, the quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission document regarding the intentions, the expected timetable for completing any transaction, benefits and synergies of any transaction, future opportunities for the company, expectations regarding the value and benefits of any transaction and any other statements about Tanaris Power Holdings, Inc.’s managements’ future expectations, beliefs, goals, plans, or prospects that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” and similar expressions) should also be considered to be forward-looking statements. Except as required by applicable law, Tanaris Power Holdings, Inc. disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Investor Relations:

Brad Long, Oceanview Investor Relations, (877) 513-7873

SOURCE: Tanaris Power Holdings Inc. 

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