Fremont, California, Jan. 18, 2018 (GLOBE NEWSWIRE) --
DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the "Company"), a diversified holding
company, has reported an increase in its installation rate or number of Bitmain Antminer S9’s per week. The Company’s
subsidiary, Super Crypto Mining, has escalated its current deployment in the first quarter of 2018 from 40
to 100 units per week, in an effort to expedite achievement of its mining goals.
The Company will provide updates on the other models such as the L3, D3 and GPU miners that mine Ethereum and the other top
cryptocurrencies that will be provided to investors during its webinar on January 31, 2018.
“We believe the recent pullback of cryptocurrency prices does not reflect the longer term trend, but instead offers
opportunities,” commented Milton “Todd” Ault III, the Company’s CEO and Chairman. “We are more dedicated than ever to mining the
top ten cryptocurrencies. I’m very pleased with our path as we continue to march towards our goal of 10,000 miners in
2018.”
ABOUT DPW HOLDINGS, INC.
Headquartered in Fremont, CA, DPW Holdings, Inc. is a diversified holding company that, through its wholly owned subsidiary,
Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver
for mission-critical applications and lifesaving services. Coolisys’ growth strategy targets core markets that are characterized by
“high barriers to entry” and include specialized products and services not likely to be commoditized. Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers, very high-frequency filters and naval power conversion and
distribution equipment. Coolisys services the defense, aerospace, medical and industrial sectors and manages four entities
including Digital Power Corporation, www.DigiPwr.com, a leading manufacturer based in Northern California, 1-877-634-0982; Digital
Power Limited dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor based in Sonora, CA 1-800-963-0066. Coolisys
operates the branded division, Super Crypto Power, www.SuperCryptoPower.com.
Digital Power Lending, LLC, a wholly owned subsidiary of the Company, is based in Fremont, CA, and is a California private
lending company dedicated to strategically providing capital to small and middle size businesses for an equity interest in addition
to loan fees and interest, www.DigitalPowerLending.com. Excelo, LLC, a wholly-owned subsidiary of the Company, is a
national search firm specializing in fulfilling strategic executive, professional and hi-tech placements for businesses delivering
world-class services, www.Excelo.com. DPW Holdings, Inc.’s headquarters is located at 48430 Lakeview Blvd., Fremont,
California, 94538; 1-877-634-0982; www.DPWHoldings.com. For Investor inquiries: IR@DPWHoldings.com or 1-888-753-2235.
Forward-Looking Statements
The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the
acquisition and the ability to consummate the acquisition. These forward-looking statements generally include statements that
are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,”
“anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,”
“could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements.
Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual results could differ materially from those contained in any
forward-looking statement as a result of various factors. More information, including potential risk factors, that could
affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange
Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.
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