PR93255

Alpine 4 Holdings (ALPP) Enters the Lithium / Graphene Battery Manufacturing Industry with its Latest Acquisition of ElecJet / Real Graphene and Plans to Bring its Battery Production to the United States

PHOENIX, Nov. 30, 2021 /PRNewswire=KYODO JBN/ --

Alpine 4 Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of small

market businesses, announced today that it has acquired ElecJet / Real Graphene

(ElecJet), an industry pioneer in Lithium / Graphene battery manufacturing and

design.  The two companies, Real Graphene and ElecJet, merged earlier this

year, resulting in the combination of the graphene intellectual property of

Real Graphene and the power system/charging hardware of ElecJet.  The result of

this merger was a symbiotic marriage of ground-breaking state-of-the-art

battery and power system technology within a single company.  ElecJet and

Alpine 4 are also exploring plans with the State of Indiana to convert its

South Bend, Indiana facility into a US battery production facility and bring

graphene battery production to the United States.  

https://realgrapheneusa.com

https://elecjet.com

Kent Wilson, CEO of Alpine 4, had this to say: "Earlier this year, Sam Gong,

CEO of ElecJet, and I began working on a battery power solution that could meet

the enormous power needs of our future US-2 drone.  It was obvious that a pure

lithium battery was not the answer for the US-2 design protocol, and different

technologies would have to be implemented.  Graphene became the obvious answer

for us.  Graphene is an amazing conductor of electricity and substantially

reduces heat within lithium batteries during the charging cycle.  That

reduction in heat and resistance in graphene enhanced batteries allows for

increased charging speeds and extended battery life.  

The combined efforts of Alpine 4 and ElecJet culminated in two achievements.  

The first was recognizing that the business opportunities for ElecJet would be

greatly enhanced as an Alpine 4 subsidiary.  The second was that working

together as one company, we could offer the electric vehicle (EV) market a new

and compelling battery solution.  Most EV manufacturers use pure lithium

battery cells such as the 18650, 21700, and 4680.  EV companies such as Rivian,

Tesla, Lucid and others, utilize varying battery cells depending upon the power

to energy density needs of the vehicle they are producing.  ElecJet's graphene

lithium battery offering will enhance all three primary battery cells currently

used by EV manufacturers (18650, 21700, and 4680) in both power density and

energy density.  One key performance aspect of our graphene batteries is that

they will be able to charge 5-8 times faster than the aforementioned lithium

batteries can.  Imagine charging your car from 0-80% at a DC rapid charging

system in under 10 minutes compared to 30-45 minutes with just lithium

batteries and subsequently not damage the battery cells within your vehicle

like repeated DC charging can do.  This will bring the feasibility of vehicles

that use our graphene batteries in line with the time it takes to fill a

conventional vehicle with gas.  We feel this is the game-changer for the EV

market as well as other various commercial applications."

Samuel Gong CEO of ElecJet had this to say: "People have been anxiously

anticipating graphene for a decade, but it's mainly been contained in a lab.

This has led to tons of hype and plenty of faux products and companies. But

we're here to show that graphene batteries are not the future, but the here and

now. And while we are primarily a battery cell producer, we put our money where

our mouth is by producing graphene battery power banks. We've created various

sizes of direct-to-consumer graphene power banks that fully charge in just 17

minutes that are available for purchase on Amazon, our Shopify site and even

our newly launched campaign on Indiegogo.

To put into perspective how impressive our resulting consumer products are, our

latest power bank on Indiegogo is over three times the battery capacity of an

iPhone 13 and will fully charge in just 27 minutes! We could charge even faster

but USB C is capped at 100W. We've proven on a commercial scale that our

graphene battery technology not only allows you to charge over 5 times faster

than anything currently out there, but that it is a safe, mass producible,

compact, cost-efficient, sustainable and consumer friendly product.

ElecJet/Real Graphene has the capability to bring graphene products from

production phase to creating end-user consumer products. This wholistic,

scalable capability is what has created our success. Kent has an amazing vision

that our team is excited to be a part of, and his character upholds true core

American values. Now that ElecJet/Real Graphene has joined the Alpine 4 family

of companies, we can realize the next biggest evolution in the battery space in

decades and put the US back into the driver's seat of this core technology."

ElecJet's newest power bank charger, the Apollo Ultra, was recently highlighted

by Forbes Magazine and digitaltrends.com.  

https://www.forbes.com/sites/marksparrow/2021/11/10/elecjet-apollo-ultra-power-bank-claims-to-be-the-fastest-charging-in-the-world/?sh=3f8b2637459e

https://www.digitaltrends.com/mobile/fast-charging-graphene-batteries-are-finally-here/

https://www.youtube.com/watch?v=dnE1nO6o-do

ElecJet will reside in the A4 Technologies, Inc., Portfolio as both a Driver

and Facilitator from Alpine 4's DSF business model.

About Alpine 4 Holdings:  Alpine 4 Holdings, Inc. (ALPP) is a NASDAQ traded

conglomerate that acquires businesses that fit into its disruptive DSF business

model of Drivers, Stabilizers, and Facilitators. At Alpine 4, we understand the

nature of how technology and innovation can accentuate a business.  Our focus

is on how the adaptation of new technologies, even in brick-and-mortar

businesses, can drive innovation.   We also believe that our holdings should

benefit synergistically from each other, have the ability to collaborate across

varying industries, spawn new ideas, and create fertile ground for competitive

advantages.

Four principles at the core of our business are Synergy. Innovation. Drive.

Excellence.  At Alpine 4, we believe synergistic innovation drives excellence.  

By anchoring these words to our combined experience and capabilities, we can

aggressively pursue opportunities within and across vertical markets.  We

deliver solutions that not only drive industry standards, but also increase

value for our shareholders.

Contact: Investor Relations

investorrelations@alpine4.com

www.alpine4.com

Forward-Looking Statements: Certain statements and information in this press

release may constitute "forward-looking statements" within the meaning of

Section 27A of the Securities Act of 1933, as amended (the "Securities Act"),

Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange

Act"), and the Private Securities Litigation Reform Act of 1995. Statements

that relate to our future operations, our ability to develop the technologies

discussed above, and any financial performance based on the results of our

merger with ElecJet, among others, as well as any statements that are not

statements of historical facts constitute forward-looking statements.  The

information disclosed in this press release is made as of the date hereof and

reflects Alpine 4 most current assessment of its historical financial

performance. Actual financial results filed with the SEC may differ from those

contained herein due to timing delays between the date of this release and

confirmation of final audit results. These forward-looking statements are not

guarantees of future performance and are subject to uncertainties and other

factors that could cause actual results to differ materially from those

expressed in the forward-looking statements including, without limitation, the

risks, uncertainties, including the uncertainties surrounding the current

market volatility, and other factors the Company identifies from time to time

in its filings with the SEC. Although Alpine 4 believes that the assumptions on

which these forward-looking statements are based are reasonable, any of those

assumptions could prove to be inaccurate and, as a result, the forward-looking

statements based on those assumptions also could be incorrect. You should not

place undue reliance on these forward-looking statements. The forward-looking

statements contained in this release are made as of the date hereof, and Alpine

4 disclaims any intention or obligation to update the forward-looking

statements for subsequent events.

SOURCE: Alpine 4 Technologies