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Empower Technologies" Reports on Progress of Completing Its December 31, 2015 Financial Statements

Empower Technologies™ Reports on Progress of Completing Its December 31, 2015 Financial Statements


Richmond, British Columbia (FSCwire) - Empower Technologies Corporation (TSX.V: EPT) ("Empower") , announces that, further to its news release of May 2, 2016, disclosing the granting of a Management Cease Trade Order by the British Columbia Securities Commission, and of May 16, 2016, disclosing Notice of Change of Auditor, and of May 30, 2016, June 13, 2016, June 27, 2016 biweekly progress report, work is continuing on the preparation of its audited financial statements to December 31, 2015.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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About Empower Technologies™

Founded in 2000, Empower Technologies (TSX.V: EPT) has transformed from an embedded technology company to a full-fledged innovative technology, products and services and manufacturing enterprise. Empower Technologies as a group caters to security and surveillance, military, automotive and transportation, healthcare, industrial control and consumer electronics industries.  Under the Empower Group, the Company has three operating divisions - Empower Embedded Engineering, Empower Imaging Laboratories and Empower Defense Systems. For more information, please visit www.empowertechnologies.com.

Empower’s brands are “LEOs®”, Linux-based embedded operating systems, “BullsEye”, Real-Time Video Stabilizer, “PowerPlay™”, smart consumer electronics.

Contact Information:

Media Enquiries: info@empowertechnologies.com or via Tel @ (604) 278-3100

Investor Relations: investorline@empowertechnologies.com

More Information on Empower Technologies: www.empowertechnologies.com

Sales Enquiries: sales@empowertechnologies.com or via Tel @ (604) 278-3100

Paul Leung

Chairman, President and CEO

Empower Technologies Corporation

P.O. Box 62038

Vancouver, BC, Canada V6J 1Z1

The statements contained in this news release that are not historical facts are forward looking statements.  Such statements are based on management's estimates, assumptions and projections using available information at the time of this news release.  The Company cautions that actual results could differ materially from the current expectations due to a number of factors, including failure to satisfy the conditions to closing within the time required and on terms satisfactory to the parties.  There is no assurance that the Company will complete the transaction on the terms anticipated or at all.

Empower Technologies, LEOs, PowerPlay, LinuxDA and BullsEye are the trademarks of Empower Technologies, Inc.  All other brands are trademarks of their respective owners.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Empower07112016.pdf
Source: Empower Technologies Corporation (TSX Venture:EPT) www.empowertechnologies.com

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