Clarification Regarding Nomadic Power's Press Release on 4th of February, 2016

Feb 26, 2016, 10:37 ET from Nomadic Power GmbH

STUTTGART, Germany, February 26, 2016 /PRNewswire/ --

Nomadic Power's press release published on February 4, 2016 has unfortunately led to some misunderstandings.  We would like to clarify that neither Mr. Elon Musk nor Tesla have approved or have endorsed Nomadic Power's products. Nomadic Power has no business relationship with Tesla. Nomadic Power's products have neither been reviewed nor tested by Tesla for compatibility with its vehicles.

About Nomadic Power GmbH:

Nomadic Power is a high-tech company from Darmstadt, Germany, with development centers in Stuttgart and Sindelfingen. Nomadic Power develops mobile batteries for decentralized storage and mobile use of electric energy, which are fast chargers for standards like CCS or CHAdeMO and part of the Nomadic Powers new "Recharging-as-a-Service" product line for EVERYWHERE recharging.

Yuliya Rogachevska
Director PR and Investor Relations

SOURCE Nomadic Power GmbH