Fremont, California, Jan. 09, 2018 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the "Company"), a diversified holding company, stated today that it will be hosting an online webinar for its shareholders, investors and the public on Wednesday, January 31, 2018, upon the close of the financial markets that day. The Company is currently engaged in the selection of a CEO for its wholly-owned subsidiary, Super Crypto Mining. DPW anticipates it will complete the process and introduce its selection at the webinar. All individuals interested in participating in the webinar can email the Company at IR@DPWHoldings.com.
The Company stated the focus of the webinar will be on Super Crypto Mining with the topics to include a status report on miners deployed, digital mining locations launched, introduction of the new CEO of Super Crypto Mining and a progress report on other cryptocurrency initiatives. The presentation released during the webinar will be available to the public through an 8-K report that will be filed with the SEC prior to the webinar.
“We are looking forward to once again engaging with our shareholders, investors and the public. We anticipate this webinar will be very interesting and I am happy to address questions from both the participants as well as those questions sent to DPW prior to the webinar,” said Milton “Todd” Ault, III, the CEO and Chairman of DPW Holdings, Inc. Ault added, “We are very pleased with our progress as we march forward to our goal of deploying 10,000 miners. Early last year, we identified the potential of cryptocurrency and started to look at the power supplies available to this new industry. In August of 2017, we announced our engagement with a consultant to further explore the opportunities available and provide recommendations. As we moved forward, we introduced each cryptocurrency initiative to our shareholders, investors and the public. We believe cryptocurrency and digital mining are quickly becoming important components to our operations and the Company. We are methodically selecting the first CEO for Super Crypto Mining and plan to make our selection in time to introduce them at the webinar. I suggest those interested in the future of DPW to participate in the webinar.”
ABOUT DPW HOLDINGS, INC.
Headquartered in Fremont, CA, DPW Holdings, Inc. is a diversified holding company that, through its wholly owned subsidiary, Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver for mission-critical applications and lifesaving services. Coolisys’ growth strategy targets core markets that are characterized by “high barriers to entry” and include specialized products and services not likely to be commoditized. Coolisys through its portfolio companies develops and manufactures cutting-edge resonant switching power topologies, specialized complex high-frequency radio frequency (RF) and microwave detector-log video amplifiers, very high-frequency filters and naval power conversion and distribution equipment. Coolisys services the defense, aerospace, medical and industrial sectors and manages four entities including Digital Power Corporation, www.DigiPwr.com, a leading manufacturer based in Northern California, 1-877-634-0982; Digital Power Limited dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus Technical Distributors, www.Power-Plus.com, a wholesale distributor based in Sonora, CA 1-800-963-0066.
Digital Power Lending, LLC, a wholly owned subsidiary of the Company, is based in Fremont, CA, and is a California private lending company dedicated to strategically providing capital to small and middle size businesses for an equity interest in addition to loan fees and interest, www.DigitalPowerLending.com. Excelo, LLC, a wholly-owned subsidiary of the Company, is a national search firm specializing in fulfilling strategic executive, professional and hi-tech placements for businesses delivering world-class services, www.Excelo.com. DPW Holdings, Inc.’s headquarters is located at 48430 Lakeview Blvd., Fremont, California, 94538; 1-877-634-0982; www.DPWHoldings.com.
Forward-Looking Statements
The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the acquisition and the ability to consummate the acquisition. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.
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