SALT LAKE CITY, Jan. 4, 2018 /PRNewswire/ -- CleanSpark,
Inc. (OTC: CLSK), a microgrid company with advanced engineering, software and controls for innovative distributed energy resource
management systems, today announced that it will be releasing updates to its mPulse control platform in the second calendar
quarter of 2018.
CleanSpark's mPulse 2.0 ("mPulse 2.0") software and control platform builds upon the successes of the Company's original
mPulse platform which has powered the Camp Pendleton 'Fractal Grid' since 2014. The mPulse platform was developed with a core
focus on security and resiliency for military and critical infrastructure system applications. The system ensures these
critical systems had consistent and reliable access to power at all times via a variety of distributed energy resources including
energy storage, even in the case of a utility disruption. The updated platform will retain all functionality related to
resiliency and reliability while adding powerful features focusing on economic optimization.
Matthew Schultz, Chief Executive Officer of CleanSpark, Inc., commented, "CleanSpark has worked
closely with customers, industry leaders, the United States Marines, and multiple universities to identify the trends and demands
of the future energy markets. These enhancements will further advance the Company as a market leader in the microgrid controller
industry."
CleanSpark's mPulse 2.0 software and control platform's improvements have been designed to meet the needs of commercial and
industrial clients who demand optimum cost savings and flexibility of operation within a rapidly changing utility and technology
landscape. As facility owners become increasingly aware of cutting-edge developments in sustainable and renewable energy systems,
many demand that investments will produce sizable ROI's and immediate savings. The mPulse software and control platform
fully integrates a variety of energy generation and energy storage technologies, with CleanSpark's intelligent controls to
maximize efficiency and minimize cost.
CleanSpark's mPulse software and control platform is capable of virtually eliminating 'demand charges' which, for some users
may account for more than 50% of their monthly utility bill. The system is also hardware agnostic which allows our
customers to add new technologies to existing renewable energy resources. The Company will announce further details on
specific functionality in future releases.
About CleanSpark, Inc.
CleanSpark provides advanced energy software and control technology that enables a plug-and-play enterprise solution to modern
energy challenges. Our services consist of intelligent solar monitoring solutions, microgrid design and engineering, project
development consulting services, system installation and consulting, and turn-key microgrid implementation services. We also
combine our microgrid services with a revolutionary and patented stratified downdraft gasifier. By integrating new and
existing energy generation and storage assets with advanced load management capacities, CleanSpark's software allows energy
generated locally to be shared with other interconnected microgrids. This unique capability enables microgrids to be scaled and
widely adopted for commercial, industrial, military, municipal, and remote community deployment.
For more information on CleanSpark, please visit http://www.cleanspark.com.
Information about Forward-Looking Statements
Statements in this press release relating to plans, strategies, testing and operational performance, projections of results of
specific activities and other statements that are not descriptions of historical facts may be forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. This release contains "forward-looking statements" that include
information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect,"
"estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking
statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not
necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved.
Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as
of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or
results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could
cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of
new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products
and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth,
and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and
Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the
Company, please refer to the Company's recent SEC filings, which are available at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Website: http://www.cleanspark.com
Contact - Company:
S. Matthew Schultz, CEO
801-244-4405
matt@cleanspark.com
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SOURCE CleanSpark, Inc.