Jericho Energy Ventures and Ramp Equity Capital Partners Team Up to Bring Innovative Zero-Emission Hydrogen Boiler Technology to South Korea - Seite 2

HT's patented, breakthrough cleanH2steam DCC™ is the world's only hydrogen-fueled boiler with zero CO2 and zero Greenhouse Gas emissions which has been validated as operating with an overall thermal efficiency of more than 95%.³ The DCC™ was designed to replace existing polluting boilers that burn coal, natural gas, diesel, or fuel oil, which are a major source of global GHG emissions. In December 2022, the DCC™ was awarded the Solar Impulse Foundation's prestigious "Solar Impulse Efficient Solution" label which recognizes profitable solutions to protect the environment.

About Jericho Energy Ventures

Jericho Energy Ventures is an energy company positioned for the current energy transitions; owning, operating and developing both traditional hydrocarbon JV assets and advancing the low-carbon energy transition, with active investments in hydrogen. Our wholly owned subsidiary, Hydrogen Technologies, delivers patented, zero-emission boiler technology to the Commercial & Industrial heat and steam industry. We also hold strategic investments and board positions in H2U Technologies (a novel electrocatalyst and low-cost iridium-free electrolyzer platform) and Supercritical Solutions (developing the world's first, high pressure, ultra-efficient electrolyzer). Jericho also owns and operates long-held producing oil and gas JV assets in Oklahoma which it is currently developing from cash flows in an effort to further increase production into the current commodity price environment.

Website: https://jerichoenergyventures.com/
Twitter: https://twitter.com/JerichoEV
LinkedIn: https://www.linkedin.com/company/jericho-energy-ventures

JEV CONTACT:
Allen Wilson, Director,
or Adam Rabiner, Director of IR
Tel. [phone]
[e-mail]

About Ramp Equity Capital Partners

Ramp Equity Capital Partners ("ReCAP") is a group of like-minded individuals and investors focused on creating a better tomorrow and finding ways to move towards rapid decarbonization, with the aim of realizing a healthier earth for our future generations. ReCAP is a part of a family of companies under the Ramp Group, led by Cliff Monlux focused on bringing investible opportunities across the sectors of renewable energy, technology, and healthcare.

Website: https://www.rampequitycap.com/

RAMP EQUITY CAPITAL PARNTERS CONTACT:
Cliff Monlux, Managing Partner
Tel. [phone]
[e-mail]

This news release contains certain "forward-looking information" and "forward-looking ‎statements" (collectively, "forward-looking statements") within the meaning of applicable ‎securities laws. Such forward-looking statements are not representative of historical facts or ‎information or current condition, but instead represent only Jericho's beliefs regarding future ‎events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of ‎Jericho's control. Forward-looking statements are frequently characterized by words such as ‎‎"plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, ‎or statements that certain events or conditions "may", "will" or "may not" occur.‎ Specifically, this ‎news release contains forward-looking statements relating to, among others, the successful implementation of the transaction contemplated in the MOU and future demand for HT's DCC™ boiler.