Hoplite Power Taps Intelligent Product Solutions’ Manufacturing Expertise for its Next-Generation Smartphone Power-Charging Kiosks - Seite 2

About Hoplite Power

Hoplite Power, located in Long Island City, NY, makes it easy to charge a smartphone on the go.  It developed a smartphone “charge-sharing” network of Hoplite Hubs located in a variety of venues, businesses, and establishments. These proprietary Hoplite Hubs store, dispense, re-accept, and automatically recharge Hoplites, which are ergonomically-designed, universal battery packs that can be rented from and returned to any Hub in the network.

About IPS

IPS, a subsidiary of Forward Industries (NASDAQ: FORD), is an award-winning global product design and development company that is headquartered in New York.  IPS offers expert product design and engineering services, including Internet of Things (IoT) and wearable technology solutions. Its clients are among the leading brands in consumer electronics, medical devices, enterprise and security solution providers, and IoT-connected solutions, including AdhereTech, Google, Physio Control, Zebra Technologies, and charity: water. To learn more about IPS, visit http://www.intelligentproduct.solutions or contact [e-mail] or @IPSdesigners.

About Forward Industries

Forward Industries, Inc. , a NASDAQ listed company, (“FORD”), through its wholly-owned subsidiaries, Intelligent Product Solutions (“IPS”), Forward US, Forward Switzerland and Forward UK, is a single source solution provider for the full spectrum of hardware and software product design and engineering services as well as a designer and distributer of carry and protective solutions. The Company offers a full suite of product development services required to conceptualize, create, and maintain products throughout the entire product life-cycle, from product concept and design to production support and field support. Forward provides clients, both large and small, a “one-stop-shop” for product design, development, manufacturing, and distribution.      Forward’s products can be viewed online at http://www.forwardindustries.com/

About the Clean Energy Business Incubator Program at Stony Brook University

Funded by the New York State Energy Research and Development Agency (NYSERDA), the Clean Energy Business Incubator Program (CEBIP) at Stony Brook University has been in operation since October 2011 providing assistance and resources for developers of renewable and clean-energy technologies. Through the expertise, business acumen and technological resources of CEBIP’s management team, advisory board, researchers at Stony Brook University and other extensive partnerships, CEBIP helps bridge the gap between innovation and market with a full commitment to helping entrepreneurs develop and commercialize clean-energy technology. CEBIP provides resources for clean-energy innovators that include mentorship at various stages of entrepreneurial development, guidance for business and strategic plans, and assistance in preparing for and locating funding opportunities. CEBIP’s goal is to develop a successful clean-energy economy on Long Island, creating high-paying “cleantech” jobs and industry within Long Island and New York State.

For more media information, contact:

Lisa Hendrickson/LCH Communications for IPS

516-767-8390

[e-mail]