Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to announce participation in an invitation-only investor conference in Perth, Australia.

Hillcrest Chief Executive Officer, Don Currie, will present via live-feed at the first-ever Transatlantic Investment Summit to be held in Perth, Australia on Tuesday, November 7, 2023. The event is being hosted by The Market Herald's HotCopper and the Canadian Securities Exchange (CSE).

"The CSE continues to provide impressive opportunities for companies like ours to reach new, global investor audiences," said Hillcrest CEO, Don Currie. "We are honored to be one of four CSE-listed companies invited to participate in this event and share our story with an Australian audience."

According to the Australian government, 25% of the country's total electricity generation came from solar and wind energy sources in 2022. The rapid adoption of these renewable energy sources makes the country a valuable market for Hillcrest's Zero Voltage Switching (ZVS) technology.

Grid-connected renewable energy systems will increasingly require high-frequency power conversion technologies to better enable the smart, grid-forming capabilities of a more distributed, bidirectional system containing a variety of intermittent sources. Hillcrest's ZVS technology is designed to provide new benefits to these grid-connected energy systems by offering a more efficient and reliable means of deploying higher switching frequencies while eliminating the associated switching losses suffered by today's power conversion devices. The Company's technology will also offer improved output power quality and control benefits not currently available in most electric power systems.

About Hillcrest Energy Technologies

Hillcrest Energy Technologies is a clean technology company focused on providing advanced power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol "HEAT," on the OTCQB Venture Market as "HLRTF" and on the Frankfurt Exchange as "7HI". For more information, please visit: https://hillcrestenergy.tech/.

CONTACT INFORMATION

Investor Relations
Don Currie
This email address is being protected from spambots. You need JavaScript enabled to view it.
O: +1 604-609-0006
Toll-free: 1-855-609-0006

Or

Walter Frank/Jennifer Belodeau
IMS Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
O: +1 203-972-9200

Public Relations
Jamie L. Hogue
This email address is being protected from spambots. You need JavaScript enabled to view it.
O: +1 602-793-9481

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects," "intends," "is expected," "potential," "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Investors are advised to consider the risk factors under the heading "Risks and Uncertainties" in the Company's MD&A for the year ended Dec. 31, 2022, available at www.sedar.com for a discussion of the factors that could cause the Company's actual results, performance and achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.